Ashiana Housing Ltd Sees Surging Sales: A Real Estate Success Story
Ashiana Housing Ltd experienced an 83% rise in sales bookings, reaching Rs 430.97 crore in Q1 of the fiscal year, attributed to increased demand. The company sold 5.95 lakh square feet this quarter, compared to 4.42 lakh last year, solidifying its presence in senior living homes.
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- India
Real estate developer Ashiana Housing Ltd reported a significant increase in sales bookings, witnessing an 83% surge to Rs 430.97 crore during the first quarter of this fiscal year. The company attributes this growth to robust market demand.
This year's sales bookings or pre-sales compare favorably against the Rs 235.32 crore reported during the same period last year. The firm managed to sell an impressive 5.95 lakh square feet in the April-June window, marking a notable increase from the 4.42 lakh square feet sold in the previous year.
Based in Delhi, Ashiana Housing has positioned itself as a formidable force in the real estate sector with a strong focus on group housing and senior living projects. Last fiscal year, the firm achieved sales of Rs 1,936.75 crore.
(With inputs from agencies.)
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