Business Update11 Apr 2024, 03:29 pm
Ashiana Housing Ltd.: Q4 FY 2023-24 Operations Update and New Bookings in Ashiana Vatsalya Project
AI Summary
Ashiana Housing Ltd. announced its operational update for the year ended 31 March 2024, revealing an increase in area booked and value sold compared to the previous year. The company reported booking 10.60 lakh sq. ft. in Q4 FY '24, as opposed to 3.35 lakh sq. ft. in Q4 FY '23, with a total value of INR 862.53 crores for the year. Furthermore, 36 units were converted to bookings in the Ashiana Vatsalya project, comprising a saleable area of 45,099 sq. ft. and sale value of INR 30.44 crores. The booking of units in Ashiana Vatsalya, a senior living project in Chennai, commenced in March 2024, and the company anticipates more bookings in the near future.
Key Highlights
- Ashiana Housing Ltd. reported higher area booked and value sold in FY 2023-24 compared to FY 2022-23
- New bookings of 36 units were secured for Ashiana Vatsalya project with INR 30.44 crores in sales value
- The senior living project, Ashiana Vatsalya, is in progress and expected to attract more bookings soon