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Ashiana Housing sells 168 housing units for 403 crore in its kids-centric project in Gurugram

The project Ashiana Amarah in Gurugram is spread across an area of 22 acres and is a kids-centric complex, the company said in a statement.

Published on: Sep 4, 2024, 18:15:20 IST
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Delhi-NCR-based real estate developer Ashiana Housing has said that it has sold 168 housing units for 403.49 crore in its kids-centric project in Gurugram.

Delhi-NCR-based  real estate developer Ashiana Housing has said that it has sold 168 housing units for  ₹403.49 crore in its kids-centric project in Gurugram
Delhi-NCR-based real estate developer Ashiana Housing has said that it has sold 168 housing units for ₹403.49 crore in its kids-centric project in Gurugram

The company has booked 168 out of a total of 280 units in Phase 4 of the project called Ashiana Amarah located in Sector 93, Gurugram, with a sale value of Rs. 403.49 crore. The total saleable area for Phase 4 covers 4.95 lakhs square feet and includes premium 3 BHK units, the company said.

Also Read: India's 21 big realty firms sell properties worth 35k cr in June quarter; Godrej Properties tops list

The project Ashiana Amarah is spread across an area of 22 acres focuses on children’s needs, it said in a statement.

“We are delighted by the positive response to Phase 4 of Ashiana Amarah. The successful booking of 168 units out of 280 within such a short span highlights the growing appeal of our kid-centric homes,” said Ankur Gupta, joint managing director of Ashiana Housing.

The project’s Phase 4 includes a 30,000-plus square feet clubhouse.

What are kids-centric homes?

Kid-centric projects are housing complexes where needs of children are given priority.

Besides Ashiana Amarah, the company's other kid-centric living projects are located in Ashiana Town in Bhiwadi and Ashiana Umang in Jaipur.

Ashiana Housing Ltd, established in 1979, has a presence across 9 cities in India. It has constructed and delivered over 23 million square feet so far.

The housing market in Delhi NCR experienced a surge in the first half of 2024, with Gurugram leading the way by accounting for 55% of the new launches, followed by Noida at 35%, according to the latest JLL (Jones Lang LaSalle IP, Inc) report.

Also Read: DLF to launch real estate projects with 36,000 crore sales potential in Gurugram, Mumbai and Goa this year

 
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
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