NEW DELHI: Ashiana Housing is planning a total outlay of ₹425 crore towards senior living during FY26. Outlay includes payout to landowners, construction and execution costs and other project related expenses.
A significant portion of this outlay to be incurred towards expanding its senior living portfolio. As part of this plan, the company plans to enter Mumbai, Bengaluru and Delhi-NCR market.
In FY25 outlay incurred by the company was ₹213 crore towards senior living and the company also recorded booking value of ₹382 crore.
“This year we are planning to launch five new phases in existing senior living projects having approximately 5.71 lakh sq ft of saleable area,” said Ankur Gupta, joint managing director of the company. It constructed about 5.38 lakh sq ft in this segment last year.
Ashiana Housing has recorded booking value of ₹382 crore in senior living in FY25 and is targeting around ₹450 crore this year. The segment now accounts for over 30% of the company’s residential portfolio.
The company currently has nine ongoing projects, three in Bhiwadi (NCR), three in Chennai, and one each in Jaipur, Pune, and Lavasa (Pune). It is now planning to expand its footprint into Bengaluru and Mumbai.