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Ashiana Housing clocks more than two-fold jump in sales bookings in FY23

27 Jun 2023 Evaluate

Ashiana Housing has clocked a more than two-fold jump in its sales bookings to Rs 1,313.43 crore in the last fiscal (FY23) on strong housing demand. Sales bookings of Delhi-based Ashiana Housing, which specialises in senior living, stood at Rs 573.25 crore in the 2021-22 fiscal. 

Sales bookings in volume terms rose 75 per cent to 25.86 lakh square feet during 2022-23 from 14.76 lakh square feet in the preceding fiscal. Sales price improved by 31 per cent to Rs 5,080 per square foot in FY23 from Rs 3,883 per square foot in the previous fiscal, driven by increasing prices across projects and changing mix towards higher priced projects.

Ashiana Housing is a real estate development company. It is engaged in building residential and commercial projects. The firm also offers retirement resorts, group housing, hotels, retail and facility management.


Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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