Ashiana Housing Acquires 28.55 Acres of Land for Senior Living Project in Pune

Ashiana Housing Acquires 28.55 Acres of Land for Senior Living Project in Pune

Ashiana Housing Acquires 28.55 Acres of Land for Senior Living Project in Pune​

Ashiana Housing Ltd has completed the acquisition of a significant piece of land in Pune, Maharashtra, marking what the company described as its largest land deal for the development of a Senior Living project.

The company acquired the land admeasuring 28.55 acres on an outright purchase basis. The property is located at Vadgaon, Taluka - Maval, District - Pune -412106, Maharashtra.

This new land parcel presents an approximate saleable area of 20 lakhs sq. ft. Based on current estimations, the sales value potential associated with this development is INR 1,800 crores.

ASHIANA Stock Price Movement​

Shares of Ashiana Housing Limited are edging higher to ₹312.8 as of 3:26 PM today, gaining 0.68% in live trading. The stock is currently trading within a range of ₹305.2 to ₹317.8, supported by 204,942 shares traded so far.

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