According to reports from CNBC TV18, Ashiana Housing Ltd reported a significant decline in bookings for the first quarter of FY27. The area booked fell to 3.61 lakh sq ft from 5.95 lakh sq ft in the corresponding period last year. The value of bookings also decreased to ₹357.80 crore from ₹430.97 crore year-on-year. During the June quarter, the company recorded bookings of 234 units. As per the latest regulatory filing, the company recorded a total area booking of 1.32 lakh sq ft in June 2026, with a cumulative booking value of ₹130.37 crore for the month.
As reported by CNBC TV18, the company made its largest-ever land acquisition during Q1 FY27, purchasing approximately 28.55 acres of land at Vadgaon in Maharashtra's Pune district. This acquisition is specifically for the development of a senior living project, marking a significant milestone for the company's expansion in the senior living segment. The acquisition marks the company's largest-ever land deal, with an approximate saleable area of 20 lakh sq ft and a potential sales value of about ₹1,800 crore.
According to the company's operational update, Ashiana Housing launched 140 units each in OMA Phase 1 and OMA Phase 2 during the June quarter, advancing its project pipeline for the financial year. The proposed OMA development has an estimated saleable area of around 20 lakh sq ft and a sales value potential of about ₹1,800 crore. The company also commenced handovers for Phase 1 of its Ashiana Nitara project in Jaipur during the quarter, as reported in the latest regulatory filing.
As reported by CNBC TV18, the company revised delivery timelines for Amarah Phase 1 and Anmol Phase 3 from Q1 FY27 to Q2 FY27. The operational update covers the quarter ended June 30, 2026, and highlights the company's ongoing project launches, land acquisition and execution milestones despite the year-on-year decline in booking volumes and booking value.
On the NSE, Ashiana Housing shares closed 0.37% lower at ₹394.50 following the quarterly results announcement. The stock movement reflects investor reaction to the mixed performance indicators, with declining bookings offset by significant land acquisitions and project launches. The latest regulatory filing was submitted to the National Stock Exchange of India (NSE) highlighting the company's operational performance for June 2026 and the first quarter of FY27.
