Ashiana Housing Acquires 8.83 Acres in Raigad for Senior Living Project

1 min read     Updated on 05 Feb 2026, 09:35 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Ashiana Housing Ltd. has strategically acquired 8.83 acres of land in village Wavarle, Taluk Khalapur, District Raigad, Maharashtra, for developing a Senior Living project. The outright purchase from multiple sellers will enable the company to create approximately 4.50 lakh square feet of saleable area, strengthening its position in the specialized senior living residential segment.

31853148

*this image is generated using AI for illustrative purposes only.

Ashiana Housing Ltd. has announced a strategic land acquisition in Maharashtra, expanding its footprint in the senior living segment through the purchase of 8.83 acres in the Raigad district.

Land Acquisition Details

The company has acquired the land parcel on an outright purchase basis from multiple sellers in village Wavarle, Taluk Khalapur, District Raigad, Maharashtra. The acquisition represents a significant addition to the company's land bank for specialized housing projects.

Parameter: Details
Land Area: 8.83 acres (approx.)
Location: Village Wavarle, Taluk Khalapur, District Raigad, Maharashtra
Purchase Type: Outright purchase from various sellers
Project Type: Senior Living development
Planned Saleable Area: 4.50 lakh sq. ft. (approx.)

Project Development Plans

Ashiana Housing plans to develop a Senior Living project on the newly acquired land. The proposed development is expected to offer approximately 4.50 lakh square feet of saleable area, catering to the growing demand for senior-focused residential communities.

Regulatory Compliance

The land acquisition was disclosed to the stock exchanges in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company filed the intimation with both BSE Ltd. and the National Stock Exchange of India Ltd., ensuring full regulatory transparency.

This acquisition aligns with Ashiana Housing's focus on developing specialized residential projects, particularly in the senior living segment, which has been gaining traction in the Indian real estate market.

Historical Stock Returns for Ashiana Housing

1 Day5 Days1 Month6 Months1 Year5 Years
-2.23%+4.35%+3.50%-7.34%-12.58%+189.63%

Ashiana Housing Ltd Board Meeting Scheduled for February 06, 2026 to Approve Q3FY26 Results and Consider Interim Dividend

1 min read     Updated on 27 Jan 2026, 12:54 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Ashiana Housing Ltd has scheduled a board meeting for February 06, 2026, to approve Q3FY26 unaudited financial results for the quarter ended December 31, 2025, and consider declaring an interim dividend for FY2026. The meeting will be held at the company's New Delhi head office, with proper regulatory notifications sent to BSE and NSE. The company has also implemented a trading window closure that will reopen 48 hours after results declaration.

31044259

*this image is generated using AI for illustrative purposes only.

Ashiana Housing Ltd has announced a board meeting scheduled for February 06, 2026, to deliberate on key financial matters including quarterly results approval and interim dividend consideration. The company has formally notified both the Bombay Stock Exchange and National Stock Exchange of India about this important corporate development.

Board Meeting Agenda

The board meeting will address two primary agenda items alongside routine business matters. The directors will convene at the company's head office located at Unit No. 4 & 5, 3rd Floor, Saket District Centre, Saket, New Delhi - 110 017.

Agenda Item: Details
Financial Results Approval: Unaudited financial results (Standalone and Consolidated) for quarter ended December 31, 2025
Interim Dividend: Declaration of interim dividend for financial year ending March 31, 2026
Meeting Date: Friday, February 06, 2026
Meeting Venue: Head Office, New Delhi

Regulatory Compliance and Trading Window

The announcement has been made in strict adherence to regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, the company has complied with Regulation 29(1) and Regulation 50(1) provisions by providing advance notice of the board meeting to stock exchanges.

As part of the company's insider trading prevention measures, Ashiana Housing has implemented a trading window closure for designated persons and their immediate relatives. The trading window will reopen 48 hours after the declaration of financial results, ensuring compliance with the company's Code of Conduct for trading by insiders.

Corporate Communication

The formal intimation was signed by Nitin Sharma, Company Secretary & Compliance Officer (Membership No: ACS 21191), and digitally authenticated on January 27, 2026. The communication was simultaneously sent to both major stock exchanges where the company's securities are listed.

Exchange: Security Code
Bombay Stock Exchange: 523716
National Stock Exchange: ASHIANA

The upcoming board meeting represents a significant milestone for shareholders and investors as they await the company's third-quarter performance results and potential interim dividend announcement for the current financial year.

Historical Stock Returns for Ashiana Housing

1 Day5 Days1 Month6 Months1 Year5 Years
-2.23%+4.35%+3.50%-7.34%-12.58%+189.63%

More News on Ashiana Housing

1 Year Returns:-12.58%