Premium real estate developer Ashiana Housing sold out 224 luxury flats worth INR 440 crores within 15 minutes of launch. The project 'Ashiana Amarah Phase 3' located in Gurugram sector 93 saw registration begin at 11 am, with 800 cheques received by 11:15 am for the 224 units. Company JMD Ankur Gupta attributed the incredible response to their quality offerings and strong brand value over the years, as well as the kid-centric amenities appealing to buyers seeking better quality of life for their children. Going forward, Ashiana Housing aims to continue expanding its premium portfolio across India.
Realty firm Ashiana Housing sold out 224 luxury flats in Gurugram within 15 minutes of launch, generating sales of INR 440 crore. The project named 'Ashiana Amarah Phase 3' is located in sector 93 of Gurugram, Haryana. Ashiana Housing said registration for the flats began at 11 am, and by 11:15 am they had received 800 cheques for the 224 units on offer.
Ankur Gupta, Joint Managing Director of Ashiana Housing, expressed happiness with the incredible response to the launch. He attributed it to the quality of their offerings and strong brand value built over the years.
The company's focus on kid-centric homes also resonated well with buyers. Gupta said people want their children to grow up in places with better amenities and quality of life. The Amarah project promises to deliver this. Ashiana Housing plans to launch the next phase in the coming quarters.
Ashiana Housing Ltd is one of India's leading listed realty firms, present across 9 cities. The company's focus is on premium offering in four categories: kids-centric homes, premium homes, senior living homes and elite homes.
Last year, Ashiana Housing Ltd announced its plans to launch two luxury housing projects in Jaipur and two senior living projects in Chennai with an estimated investment of around INR 700 crore in 2024. One of the Jaipur projects is called 'One44' which will be developed on 4 acres of land and will offer 144 super luxury apartments with an average size of around 2,700 square feet. The company will also offer 56 high-end villas in its villa project.
In Chennai, Ashiana has launched Ashiana Vatsalya inside Mahindra World City while one more project is planned on the East Coast Road (ECR). The Mahindra World City project will have 450 units while the ECR project will offer 1,050 units. Ashiana Vatsalya is Ashiana Housing's eighth senior housing project in the country and its second senior housing project in Chennai.
Ashiana Housing is also exploring expansion opportunities in other cities like Bengaluru and Mumbai. They are scouting for land on the Mumbai-Pune Expressway, in Bengaluru, Jaipur, Gurugram and Jamshedpur. In Bengaluru, the company is looking for a 7 to 15-acre land parcel for a senior living project.
Currently, Ashiana Housing has 11 ongoing projects across seven cities including Chennai, Pune, Gurugram, Jaipur, Jodhpur, Jamshedpur and Bhiwadi. Going forward, Ashiana Housing aims to continue expanding its premium portfolio across India. With a track record of over 23 million square feet delivered to more than 17,000 families as of now, Ashiana Housing is well-positioned to tap the growing demand for quality living spaces in India's major real estate markets.
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