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Pune Senior Living Project Valued at ₹1,800 Crore Acquired
9 Apr
Summary
- Ashiana Housing acquired 28.55 acres in Pune for a senior living project.
- The project has an estimated sales potential of ₹1,800 crore.
- This is Ashiana Housing's largest land acquisition for a senior living project.
Ashiana Housing recently acquired 28.55 acres of land in Vadgaon, Pune, for a substantial senior living project. The development is estimated to have a sales potential of ₹1,800 crore and will feature approximately 20 lakh square feet of saleable area. This acquisition represents the company's largest land purchase specifically for a senior living project. The move aligns with Ashiana Housing's recent strong performance in the senior living segment, which saw sales value rise to ₹570.15 crore in FY26. Overall, Ashiana Housing reported its highest-ever annual sales value of ₹2,421.47 crore for FY26. The company also saw a significant increase in Q4 performance, with area booked rising to 11.19 lakh sq ft and sales value more than doubling year-on-year.
