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Ashiana Housing Ltd has reported a sharp increase in sales bookings during the fourth quarter of the last financial year, with pre-sales more than doubling to INR 1,289.70 crore compared to INR 574.73 crore in the corresponding period a year earlier. The Delhi-based developer also recorded its highest-ever annual sales bookings at INR 2,421.47 crore, up from INR 1,936.75 crore in the previous financial year. The company sold 26.73 lakh sq ft of area during the full year, reflecting improved demand across its residential portfolio. Ashiana Housing operates across key markets including Delhi-NCR, Tamil Nadu, Maharashtra and Jharkhand, with a focus on senior living and group housing projects.
Ashiana Housing Ltd reported a significant rise in sales bookings during the fourth quarter of the last financial year, with pre-sales increasing to INR 1,289.70 crore, more than double the INR 574.73 crore recorded in the same period a year earlier, driven by improved housing demand across its key markets. Advertisement
The company disclosed the performance in a regulatory filing in the past week, highlighting strong quarterly momentum alongside record annual sales. For the full financial year, Ashiana Housing achieved its highest-ever sales bookings of INR 2,421.47 crore, compared to INR 1,936.75 crore in the preceding year. The developer indicated that this marked its strongest annual performance to date in terms of pre-sales value.
In terms of volumes, the company sold a total of 26.73 lakh sq ft of area during the financial year. The increase in both value and volume reflects sustained demand across its project portfolio, which includes residential developments targeted at both senior citizens and general homebuyers.
Ashiana Housing has a diversified presence across multiple geographies, including Delhi-NCR, Tamil Nadu, Maharashtra and Jharkhand. Its business model spans senior living projects, which form a specialised segment within the residential market, as well as conventional group housing developments catering to a broader buyer base.
The improved sales performance comes amid steady demand in the residential sector, particularly in organised developments offering community-based living and lifestyle amenities. Developers with established delivery track records and niche positioning, such as senior housing, have seen consistent traction from end-users.
The company's quarterly performance indicates a strong closing to the financial year, contributing significantly to its annual sales achievement. The growth in bookings suggests higher absorption levels across ongoing projects and possibly reflects new launches or inventory uptake during the period.
Ashiana Housing's operational footprint in both northern and southern markets provides it with exposure to varied demand cycles, allowing it to balance performance across regions. Its continued focus on senior living projects also positions it within a segment that has been witnessing gradual expansion due to demographic shifts and evolving housing preferences.
The latest sales figures underline the company's ability to scale pre-sales despite varying market conditions, supported by its product mix and geographic diversification.
Source - PTI
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