Ashiana Housing has announced a major land acquisition in Pune, securing 28.55 acres for the development of a comprehensive senior living project. The company filed a regulatory intimation under Regulation 30 of the SEBI LODR Regulations on April 9, 2026, confirming this strategic investment as the largest ever land deal by the company.

Project Specifications

The Pune acquisition presents substantial development potential with key project parameters outlined below:

Development Potential

The project is designed to offer 20 lakh square feet of sellable area, positioning it as a substantial development in Ashiana Housing's portfolio. The potential sales value of up to Rs 1,800 crores indicates the scale and premium positioning of this senior living initiative. The company has emphasized that this represents their largest land acquisition to date for senior living project development.

Regulatory Compliance

The acquisition was formally communicated to both BSE (Security Code: 523716) and NSE (Symbol: ASHIANA) through proper regulatory channels. Company Secretary Nitin Sharma signed the official intimation, ensuring full compliance with SEBI listing obligations and disclosure requirements.

Strategic Significance

This acquisition reinforces Ashiana Housing's focus on the senior living segment, a growing market in India's real estate sector. The Pune location provides access to a key metropolitan market with strong demand for specialized senior housing solutions. The project's substantial size and potential value demonstrate the company's commitment to large-scale developments in this specialized segment.

Ashiana Housing Ltd has issued a revised operational update correcting its record annual sales figure to ₹2,421.13 crores for FY26, maintaining its position as the highest ever annual sales in the company's history. The real estate developer filed the correction under Regulation 30, addressing an inadvertent error in the original communication while reaffirming strong performance across residential and senior living segments.

Revised Financial Performance Overview

The company's corrected performance metrics demonstrate robust growth across key operational parameters:

The Q4 FY26 performance remained strong with area bookings of 11.19 lakh sq. ft. generating sales value of ₹1,289.70 crores, significantly higher than Q3 FY26's 5.46 lakh sq. ft. and ₹397.03 crores respectively.

Senior Living Segment Excellence

The senior living segment continued as a key growth driver, recording its highest ever performance with sales of ₹570.15 crores in FY26. This specialized segment sold 569 units covering 7.37 lakh sq. ft., compared to ₹382.90 crores from 430 units and 5.41 lakh sq. ft. in FY25, representing substantial growth in both volume and value terms.

Strategic Project Launches and Sales Performance

During Q4 FY26, Ashiana Housing launched 849 units across multiple locations, demonstrating its pan-India expansion strategy:

The launches included Ashiana Advik Phase-III and Ashiana Tarang Phase-VII in Bhiwadi, Ashiana Aaroham Phase-I & Phase-II in Gurugram, Ashiana Malhar Phase-IV and Ashiana Amodh Phase-III in Pune, and Ashiana Swarang Phase-III in Chennai.

Gurugram Projects Drive Quarterly Growth

The standout performance in Q4 FY26 was primarily attributed to the successful launch of Ashiana Aaroham Phase-I and Phase-II in Gurugram. These projects contributed significantly with 5.44 lakh sq. ft. of area generating a substantial sale value of ₹832.50 crores, highlighting strong demand in the National Capital Region.

Unit Booking Performance

The quarterly unit booking data reflects improved market traction:

The 665 units booked in Q4 FY26 represents significant improvement over both the previous quarter and the corresponding quarter of the previous year, demonstrating strong market momentum.

Project Handovers and Delivery

The company commenced handovers for two completed projects during Q4 FY26 - Ashiana Shubham Phase-V in Chennai and Ashiana Ekansh Phase-II in Jaipur. These handovers demonstrate the company's ability to deliver projects on schedule while maintaining its robust development pipeline across key operational markets.