Ashiana Housing books 3.61 lakh sq ft in Q1 FY27

Ashiana Housing reported bookings of 3.61 lakh sq ft valued at ₹357.80 crore for the quarter ended June 30, 2026. The company recorded 234 unit bookings during Q1 FY27, supported by the launch of 140 units each in OMA Phase 1 and OMA Phase 2.

In a significant expansion move, the company acquired 28.55 acres of land at Vadgaon, Taluka - Maval, District - Pune, Maharashtra. This outright purchase marks the largest land deal by the company for the development of a Senior Living project. The acquired land holds an approximate saleable area of 20 lakhs sq ft with a sales value potential of ₹1,800 crores.

Operations update for June 2026 shows area booked at 1.32 lakh sq ft with a value of ₹130.37 crore. The company also commenced the handover for Phase-1 of 'Ashiana Nitara' at Jaipur during the quarter. However, delivery timelines for Amarah Phase 1 and Anmol Phase 3 have been revised from Q1 FY27 to Q2 FY27.

Operational Performance

Particulars	June 2026	Q1 FY '27
Area Booked (in lakhs sq. ft.)	1.32	3.61
Value of Area Booked (INR in Crores)	130.37	357.80

Key Developments

Land Acquisition: 28.55 acres acquired in Pune for a Senior Living project with a sales potential of ₹1,800 crores.
Project Launches: 280 units launched across OMA Phase 1 and OMA Phase 2.
Delivery Updates: Handover commenced for Ashiana Nitara Phase-1; Amarah Phase 1 and Anmol Phase 3 timelines revised to Q2 FY27.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.29%	+1.62%	+3.94%	+28.40%	+13.12%	+127.02%

The Department of GST Commissioner Appeal, Jamshedpur, has dropped a demand amounting to ₹21,35,494 raised against Ashiana Housing . The demand, which included interest and penalty, was originally raised by the Proper Officer under the CGST Act, 2017, regarding alleged short payment or non-payment of GST in FY 2019-20.

The Order-in-Appeal, dated June 8, 2026, was received by the company on June 26, 2026. The authority ruled that the demand raised in the Order-in-Original be dropped, providing relief to the company regarding the disputed tax amount.

Ashiana Housing stated that no action is required following this order. The company further noted that there is no significant impact on its financial or operational performance as a result of this development. Regarding the specific monetary implications, the company is currently in the process of reviewing and reconciling its records.

Details of the GST Demand Order

Detail	Information
Name of the Authority	Office of the Commissioner (Appeals), Central Goods and Service Tax & Central Excise, Ranchi
Nature of Action	GST demand order under section 74 of the CGST Act 2017
Date of Order	June 8, 2026
Date of Receipt	June 26, 2026
Amount Involved	₹21,35,494 (including penalty)
Period	FY 2019-20