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Ashiana Housing to Invest Rs 425 Cr in Senior Living
2025-08-08
Ashiana Housing has announced a Rs 425 crore capital outlay for FY25–26 to expand its senior living housing segment. The investment covers land acquisition, construction, and execution costs.
In FY24–25, the company spent Rs 213 crore and recorded Rs 382 crore in bookings. This year, it aims to launch five new project phases across 5.71 lakh sq. ft., with a target of Rs 450 crore in bookings.
The company operates nine projects across Bhiwadi, Chennai, Jaipur, Pune, and Lavasa and now plans to enter the Mumbai and Bengaluru markets. Senior living now contributes over 30% to its residential portfolio.
With India’s senior population projected to reach 346 million by 2050, Ashiana is addressing sector challenges like consumer confusion and post-possession service gaps through in-house management and transparent communication.
Image source: https://therealtytoday.com/
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