New Launch5 Feb 2026, 09:31 pm
Ashiana Housing Acquires 8.83 Acres in Pune for Senior Living Project
AI Summary
Ashiana Housing Ltd. has acquired a piece of land measuring 8.83 acres (approx.) in Wavarle, Taluk Khalapur, District Raigad (Maharashtra) for an outright purchase. The company plans to develop a Senior Living project on this land with a saleable area of 4.50 lakhs sq. ft. (approx.). This acquisition is in line with the company's strategy to expand its footprint in the real estate sector.
Key Highlights
- Ashiana Housing has acquired 8.83 acres of land in Pune, Maharashtra
- The land is proposed to be developed into a Senior Living project
- The project will have a saleable area of 4.50 lakhs sq. ft. (approx.)
- The acquisition is an outright purchase from various sellers
- This move aligns with the company's strategy to expand in the real estate sector