- Investment Plans (FY24):
- Plans to invest ₹650-700 crores in the current fiscal year.
- Expansion Strategy (Next 3 Years):
- Aims to add 7-8 million sq ft to its portfolio over the next three years.
- Sales Projection (Next 5-5.5 Years):
- Plans to sell over ₹12,000 crores worth of inventory in the next 5-5.5 years.
- Demand Outlook:
- Describes the demand as robust, indicating positive market conditions.
- Future Projects:
- Envisions future projects with a total saleable area of 83.76 lakhs sq ft.
- Available Land for Development:
- Possesses 82.39 acres of land available for future development.
- Saleable Area in Pipeline:
- Indicates 67.18 lakhs sq ft of saleable area in the development pipeline.
Conclusion:
Ashiana Housing is positioning itself for substantial growth, backed by significant investment plans, expansion targets, and a positive outlook on demand. The company’s focus on future projects and available land for development underscores its commitment to long-term sustainability and expansion in the real estate market.