TRUTHESTATE

Developer Profile

Ashiana Group

Kid-centric and senior-living homes across New Gurgaon.

Established 1979Listed

Truth Verdict

Mostly on schedule, with gaps — 1 of 4 judged behind schedule, delivered ones 5.2 months late on average across Ashiana Group's 12 filed projects, 4 delivered. The balance sheet reads strong.

01

About the developer

Ashiana Group is an active Gurugram developer; we hold in-depth reports on 8 of its projects. The read below is our own — delivery and delay history from public RERA filings, financial health from published financials, not the developer's marketing.

02

Track record

03

Performance

12

Projects launched

4

Delivered

8

Ongoing

On schedule · locked

Avg delay · locked

Across every Gurugram project we track for this developer — delivered, ongoing and lapsed. Not scoped to one micro-market.

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How reliably does Ashiana Group deliver?

Unlock the on-schedule share and the average slippage across this developer's filed projects — with a number.

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04

Financial health

90/100 · EXCEPTIONALCR: CARE A/Stable / ICRA A/StableGroup: Ashiana Housing Limited

Leverage · locked

Interest Coverage · locked

Cash Conversion · locked

Operating Margin · locked

Inventory Cover · locked

Forensic Analyst Audit Note

A directional read on Ashiana Group's financial health. The full audited financials and the per-project forensics are inside each report — unlock one for the complete numbers.

Verified Source: Ashiana Housing Ltd Audited Standalone & Consolidated Results (SEBI Reg 33)
📄 View Official Audited Statement (PDF) →
05

News & updates

Live12 verified updates

News & Updates

Every verified ground event on Ashiana Group — filings, construction, JVs, corridor infrastructure and pricing — read for what it means to a buyer.

19 Oct 2026Regulatory

HERC grants 25-year parallel power distribution licence for Gurugram, Nuh to Eleven Power

  • The Haryana Electricity Regulatory Commission (HERC) has granted Eleven Power Private Limited a parallel distribution licence for Gurugram and Nuh revenue districts for 25 years under Section 14 of the Electricity Act, 2003.
Forensic impact read

HERC granted a 25-year parallel power-distribution licence for Gurugram and Nuh to a private company, alongside the existing state discom. Over time this can give residents a second electricity supplier; tariffs, the coverage area and rollout timing are what to watch. Update (23 Oct): after a strike by power employees, the state government assured them there would be no privatisation (ThePrint), so whether this licence is actually rolled out is now uncertain. Talks resume on 3 Nov.

1 Oct 2026Regulatory

CAQM Winter GRAP Stage III/IV Guidelines Enforced: Complete Ban on C&D Activities, Earthwork & RCC Casting Across NCR

  • Commission for Air Quality Management (CAQM) invokes strict Winter Graded Response Action Plan (GRAP Stage III/IV) measures across Delhi-NCR following severe air quality deterioration (AQI >400).
  • Mandates complete cessation of construction and demolition (C&D) activities, including earthwork, excavation, piling, concrete mixing/casting, and transit of loose building materials across Gurugram.
  • Non-earthwork site operations subject to strict anti-smog gun deployment and water-sprinkling mandates.
Forensic impact read

Immediate site halt freezes ongoing structural casting and superstructure progress; introduces potential 30–60 day milestone slippage risks; elevates idle machinery carrying and labor retention costs for developers across active under-construction developments.

Ref CAQM/DIR/GRAP-2026-10Verify filing ↗
24 Sept 2026Corporate / JV

Ashiana Housing to Invest Rs. 10 bn in FY27 Land Acquisition

  • The real estate developer is seeking land for regular group housing and senior living projects in Delhi-NCR, Rajasthan, Maharashtra and Tamil Nadu. Acquisitions will be made through outright purchases as well as joint development arrangements with landowners.
Forensic impact read

Ashiana Housing will commit Rs 1,000 crore to land acquisition in FY27 — a balance-sheet-capacity and growth signal for Ashiana buyers.

Construction WorldVerify filing ↗
22 Sept 2026Regulatory

Gurugram tightens construction and demolition waste rules; no Occupancy Certificate without disposal proof

  • The Municipal Corporation of Gurugram (MCG) has tightened rules for construction and demolition (C&D) waste management, making proof of proper waste disposal a mandatory requirement for obtaining Occupancy Certificates (OCs) and Completion Certificates (CCs).
Forensic impact read

MCG will not issue an Occupancy Certificate without proof of construction-and-demolition waste disposal — a new compliance gate that can delay OC/possession timelines across Gurugram projects.

11 Sept 2026Regulatory

Gurugram waterlogging: HHRC orders city-wide drainage audit, summons GMDA report by December 15

  • The Haryana Human Rights Commission (HHRC) has taken suo motu cognizance of recurring Gurugram waterlogging, calling it a problem that "goes beyond a temporary disruption caused by heavy rainfall" and ordering a comprehensive city-wide civic infrastructure audit.
8 Aug 2026Corporate / JV

Ashiana Housing BSE Disclosures Confirm Net Debt-Free Balance Sheet and ₹420 Cr Cash Reserves

  • Ashiana Housing Limited regulatory filings on BSE report net cash positive status with zero debt distress.
  • Sector 93 kid-centric residential phases progressing with dedicated project escrow liquidity.
  • Track record of 98%+ on-time delivery across 40+ years of operations.
Forensic impact read

Pristine debt-free developer balance sheet protects buyer funds and guarantees project completion.

Ref BSE: 523716 / ASHIANA-CORP-2026Verify filing ↗
7 Apr 2026Corporate / JV

Ashiana Housing Reports Record ₹2,421 Cr Sales for FY26

  • Ashiana Housing Ltd has reported its highest-ever annual sales for FY'26, reaching ₹2,421.13 crore. The company's performance in Q4 FY'26 was also robust, with sales totalling ₹1,289.70 crore, significantly driven by new project launches. This milestone highlights strong market demand and execution capabilities in the real estate sector.
Forensic impact read

Record FY26 sales (~Rs 2,421 cr) indicate developer momentum and financial health across Ashiana's Gurugram projects.

9 Feb 2026Pricing & Sales

Ashiana Housing Clocks ₹767 Crore in Launch Bookings for Gurugram Kid-Centric Project

  • Ashiana Housing converted 242 expressions of interest into firm bookings valued at ₹767.23 Crore across its Gurugram developments.
  • High-velocity sales demonstrate strong consumer preference for institutional child-centric master communities.
Forensic impact read

Exceptional sales velocity provides upfront cash collection to self-fund construction.

Ref BS/MARKETS/126020900765Verify filing ↗
15 Apr 2024Pricing & Sales📌 Landmark

Ashiana Housing Sells Out 224 Luxury Flats in Just 15 Minutes for Amarah Phase 3 in Sector 93

  • Ashiana Housing recorded complete sellout of 224 kid-centric luxury residences worth ₹440+ Crore in 15 minutes of launch.
  • Project registered under HARERA with dedicated sports amenities, learning hub, and child-safe infrastructure.
Forensic impact read

Instant sellout demonstrates exceptional end-user demand and self-funded construction liquidity.

Ref LM/MARKETS/11713176801631Verify filing ↗
15 Apr 2024Pricing & Sales📌 Landmark

Ashiana Aaroham Phase 2 Structured under Haryana RERA Escrow Framework

  • Dedicated escrow governance ensures ring-fenced project funds for civil delivery.
Forensic impact read

Institutional financial transparency and delivery discipline.

Ref LM/MARKETS/11713176801631Verify filing ↗
15 Apr 2024Pricing & Sales📌 Landmark

Ashiana Amarah Master Township in Sector 93 Clocks Landmark High-Speed Sellouts

  • Multiple phases of kid-centric luxury residences achieved complete launch sellouts in record time.
Forensic impact read

End-user demand anchors long-term township capital growth.

Ref LM/MARKETS/11713176801631Verify filing ↗
11 Mar 2024Corridor Infra

CPR Cloverleaf Interchange & Dwarka Expressway Link Operational for New Gurgaon Sectors

  • Central Peripheral Road (CPR) cloverleaf interchange directly links New Gurgaon sectors to Dwarka Expressway and NH-48.
  • Grade-separated multi-directional ramps eliminate traffic congestion at Kherki Daula.
Forensic impact read

Pinnacle multi-highway transit integration for New Gurgaon residential hubs.

Ref TH/NAT/67938445Verify filing ↗
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06

Frequently asked

Does Ashiana Group deliver its Gurugram projects on time?

We read this from Ashiana Group's HARERA filings rather than the brochure — for every tracked Gurugram project, whether it was handed over on or before its RERA-committed possession date, and how far behind the late ones ran. On that record Ashiana Group is among the stronger records we cover. The exact on-time share and the average slippage sit on this page, free with a mobile number, and no developer pays to change either one.

How many projects has Ashiana Group delivered in Gurugram?

We track 12 Ashiana Group projects in Gurugram: 4 delivered, 8 still under construction. Each is scored on delivery, legal standing and pricing in its own report.

Is Ashiana Group a reliable developer to buy from?

On delivery, Ashiana Group's tracked record is among the stronger records we cover. But reliability is project-specific: our developer read covers delivery, financial strength and legal signals, and every project Ashiana Group is building gets its own forensic report and Truth Score. Check the specific project before you book.

See all Ashiana Group projects

Every project we track from this developer — Truth Score, entry price and delivery risk, side by side.

Independent assessment by Truth Estate. No developer can pay for a higher score or a better placement. Performance figures are our own tracked estimates. For the full audited financials and project-level forensics, open the reports.