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Ashiana Housing Commits ₹425 Cr for Senior Living Expansion in FY26

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For FY2025-26, Ashiana Housing has unveiled an ambitious ₹425 crore investment plan for senior living expansion across India-almost twice the outlay of the wrapped-up FY 2023 amounting to ₹213 crore. To be directed toward land acquisition, construction, execution, and related development costs.

To boost its senior living footprints beyond the current nine projects, including three each in Bhiwadi (NCR) and Chennai, and one each in Jaipur, Pune and Lavasa, the company plans to start its operations in Mumbai and Bengaluru.

“They require a few more projects,” said Ankur Gupta, Joint Managing Director of Ashiana Housing. “They are not confined only as a business segment for us but a longer-term commitment grounded on demographic need and social relevance.” As the increased investment is indicative of both market confidence and Ashiana’s readiness to provide integrated housing with a strong sense of community, he added that it is, at the same time, an initiative to empower Ashiana with integrated housing with a strong sense of community.

Ashiana Homes sold ₹382 crore in senior living units during FY2024-25 and projected sales of ₹450 crore in the current fiscal year. The company, which has been actively scouting new land parcels for future developments, expects demand among urban India’s older population for lifestyle retirement homes to keep growing.

Such strategic consideration occurs, indeed, to meet the growing demand from urban middle-class retirees in India for good living during their post-retirement years, security, and comfort. Ashiana, the first in this space, is continuously increasing its strength by developing a residential model with service delivery only for senior citizens.

With this new capital commitment and expansion into new markets, Ashiana has set itself up to become one of the leaders in molding India’s new-creation segment of retirement housing.

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