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Ashiana Housing Buys 28.55 Acre Land in Pune to Build Senior Living Homes

  • by- Grihik
  • Apr 11, 2026
Realty firm Ashiana Housing has bought 28.55 acres of land in Pune to develop a senior living housing project with an estimated revenue of 1,800 crore.
Ashiana Housing Buys 28.55 Acre Land in Pune to Build Senior Living Homes

New Delhi, April 11: "The company has acquired a piece of land measuring 28.55 acres (approximately) on an outright purchase basis in Pune, Maharashtra," Ashiana Housing said in a regulatory filing.

Project Details

  • Land area: 28.55 acres

  • Project type: Senior living (largest ever by the company)

  • Approximate saleable area: 20 lakh sq ft

  • Estimated revenue potential: 1,800 crore

Management Statement

Ankur Gupta, Joint Managing Director of Ashiana Housing, said the company was looking for land parcels in this area to cater to the huge demand for senior homes.

Recent Financial Performance

  • Q4 FY26 sales bookings: 1,289.70 crore (up from 574.73 crore in Q4 FY25 – more than two-fold increase)

  • Full year FY26 pre-sales: 2,421.47 crore (up from 1,936.75 crore in FY25)

  • Area sold in FY26: 26.73 lakh sq ft

About Ashiana Housing

Delhi-based Ashiana Housing is one of the leading real estate developers in the country. It builds homes for senior citizens as well as regular group housing projects. The company has presence mainly in Delhi-NCR, Tamil Nadu, Maharashtra, and Jharkhand.