What our audit found on Ashiana Amarah Phase - 3 & 3A.
Analysed 117 parameters — RERA filings, financials & public records.
Fundamentals
Strong
🔒 20 parameters
Risk Outlook
Low
🔒 6 parameters
Growth
Strong
🔒 6 parameters
Delay Risk
Low
🔒 3 parameters
Sales Velocity
Fast
🔒 3 parameters
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The short answer
Ashiana Amarah Phase - 3 & 3A by Ashiana Group on New Gurgaon, a value-priced Gurugram corridor, is a RERA-registered project that earns one of the higher Truth Scores among the Gurugram projects Truth Estate independently tracks.
Truth Estate's read is built from RERA filings and quarterly construction records — not developer marketing.
Pricing has climbed steadily on where this project launched
Construction is past the halfway mark and running ahead of its filed schedule
The developer's delivery record holds up under audit
Investor fit: safety-focused end-users and long-term investors who prioritise on-time delivery, liquidity, legal safety — long-term value · rental yield.
Is the PSF justified?
Ashiana Group files ₹13,000–15,000 per sq ft of super area here.
Judged against the 5 nearest comparable projects with entry homes of under 1,600 sq ft, all within 3.8 km.
Developer’s filed rate, undated by the developer. We compare filed rates to filed rates and do not check the asking price.
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The part that decides it is locked
Don’t stake ₹2.5–2.7 Cr on a brochure.
Ashiana Amarah Phase - 3 & 3A scored 84/100 — “Strong”. The full read shows exactly what cost it the other 16 points — and whether that’s a dealbreaker for you.
Free on sign-up — no card. One missed red flag costs a great deal more.
Inside the dossier
Eight chapters · one read
The vitals, floor plans and the developer’s brochure stay free above — this is the analysis. Register, then pay once — no subscription.
The site layout as filed — tap to enlarge. Verify the RERA-approved siteplan before signing.
Indicative layout from project filings — verify the RERA-approved siteplan before signing.
03
The homes
The home as your agreement will measure it. Pick a configuration, then a size offered under it — the plan, the carpet, and what the gap to super area costs you.
The layout, measured
Carpet area
1,000 sq ft
Super area
1,401 sq ft
Balcony / deck
230 sq ft
Loading
29%
Carpet efficiency
71%
◆ The efficiency readGood
71% usable — solid for a luxury high-rise, where lobbies and amenities eat carpet.
Areas from RERA filings & project documents; the price shown is indicative for this configuration, before floor-rise and preferential-location charges. Schematics show indicative zoning only — confirm the exact unit's dimensioned plan and areas in the Agreement to Sell before signing.
Deep intelligence
Sun & Vastu 3D
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04
Brochure & payment plan
Developer documents on file — indicative until countersigned. GST, PLC, IFMS & registration additional as applicable.
Chapter II
Can we trust it?
Five pillars — developer, build, location, paperwork, edge.
05
Truth Score anatomy
Truth Score
84/100
Strong · Top 3%
Five weighted pillars, re-scored quarterly. No developer can pay to move it.
What the 84 is made of= health↔= weightrounded 0.1
The one-line read: 4 of 5 pillars land strong or better. A clean read across the board — the detail is below.
Live9 verified updates
News & Updates
Every verified ground event on Ashiana Amarah Phase - 3 & 3A — 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.
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.
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.
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.
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.
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.
Verified news on Ashiana Amarah Phase - 3 & 3A, the moment it lands. No spam.
9 dispatches· tap the right of a card to advance, the left to go back · colour follows the report’s own rule — green sound, amber watch, rust risk.
Chapter III
The price has moved. The question is what it does next.
Price & ROI model · Ashiana Amarah Phase - 3 & 3A, New Gurgaon
+20%
since launch — ₹11,671 (Mar 2024) → ₹14,000/sq ft asking today
On record, freeEntry ticket ₹2.5–2.7 Cr · corridor avg ₹15,050/sq ft
Mar 2024 · ₹11,671
Today
2036
Three futures. One is ours.Conservative · base · bull — projected to 2036, for this exact ticket
Your ₹2.5–2.7 Cr, in 2036
₹6.41 Cr
10-year CAGR, after costs
11.4%
The exit window we’d take
2032–34
The past is public record. The next ten years are the read.
₹2,100 · your first report is free
Chapter IV
The Verdict
So — should you buy it?
The Independent Desk · on file
We’ve made the call on Ashiana Amarah Phase - 3 & 3A. It’s sealed until you unlock.
BuyCautionAvoid
One of these — sized to your budget, timeline and risk, with the three reasons that decide it.
included in the full read
Chapter V
Can this report save you lakhs?
Every weak spot in this file is a number you can argue with. Here is what Ashiana Amarah Phase - 3 & 3A's are worth.
06
Negotiate like a king
The weak spots in this report are your argument.
Across the projects we advise on, buyers typically settle 5–10% under the prevailing rate. On a ₹2.5 Cr entry ticket that is ₹13–25 lakh. 2 things in Ashiana Amarah Phase - 3 & 3A’s own filings can be argued with. A buyer who arrives with a specific number is negotiating. One who asks for the best price is waiting to be told.
Every project hands the buyer different cards. These are Ashiana Amarah Phase - 3 & 3A’s — read off its own construction, sales and registry data, not general advice about negotiating.
01
Their track record is a fact you are allowed to use
A developer's own delivery history — how many projects it has finished, and how late — is public arithmetic you're allowed to bring to the table. It's a harder conversation for them than a discount request.
02
Their weakest answer is delivery certainty
Every project has a lowest-scoring input — the one the sales team has a rehearsed answer for the strengths but rarely for this. It's the question to make them defend, on the record, and to repeat to a second person.
Chapter VI
If not Ashiana Amarah Phase - 3 & 3A, then what?
The same corridor, the same commute, or the same money somewhere else — weighed side by side.
07
Three ways to compare
The projects we would weigh against Ashiana Amarah Phase - 3 & 3A — each with its own forensic read, scored the same way.
Other projects on New Gurgaon — the comparison you are actually making.
The questions that decide the purchase — answered from the registry, the site and the corridor.
08
Straight answers
The questions that actually decide the purchase — answered from registry data, live construction and micro-market dynamics.
Is Ashiana Amarah Phase - 3 & 3A a good investment?+
On Truth Estate's independent forensic assessment, Ashiana Amarah Phase - 3 & 3A scores 84/100 — our composite of the developer's delivery record and financials, construction pace, legal standing and location. The full buy / wait / avoid verdict, the red flags and the numbers behind the score are in the .
Is the price at Ashiana Amarah Phase - 3 & 3A justified?+
Ashiana Group files ₹13,000–15,000 per sq ft of super area at Ashiana Amarah Phase - 3 & 3A. We judge that filing against the 5 nearest comparable projects with entry homes of under 1,600 sq ft, all within 3.8 km of it. This is the developer's filed rate; the developer does not date this filing. We compare filed rates against comparable developers' filed rates — we do not check the asking price, and we hold no circle rates or registered transaction data. The comparison itself — where this filing sits against those projects, and which projects they are — is in the .
Is Ashiana Amarah Phase - 3 & 3A likely to be delivered on time?+
We track 12 Ashiana Group projects in Gurugram, 4 of them handed over. On timeliness its record is among the stronger records we cover — the exact on-time share and the average slippage are on Ashiana Group's developer page, free with a mobile number. On our read, its delivery risk is moderate. Its most recent HRERA quarterly progress report (QPR), for Q3 2026, puts it at 65.26% built, 5.4 months ahead of its filed construction schedule. What was due by that report, and the detail behind Truth Estate's execution-adjusted handover forecast, are in the .
On Truth Estate's read of Ashiana Group's audited annual statements — leverage, interest cover, cash conversion, operating margin and inventory cover — the balance sheet is strong. The line-by-line breakdown, and which measure is the weak spot, are in Ashiana Group's .
Yes — Ashiana Amarah Phase - 3 & 3A is registered with Haryana RERA (HARERA) under registration number RERA-GRG-1440-2023. The registration and its current status can be verified on the official HARERA registry.
When is Ashiana Amarah Phase - 3 & 3A due for possession?+
The RERA-committed possession date for Ashiana Amarah Phase - 3 & 3A is 16 Oct 2028.
Who is the construction partner and architect of Ashiana Amarah Phase - 3 & 3A?+
Among the consultants named on record for Ashiana Amarah Phase - 3 & 3A, construction is being executed by Ashiana Housing In-House Construction Team (Aluminium Formwork Methodology). These are the marquee consultants Truth Estate holds on file for the project.
What is the latest construction update and contractor for Ashiana Amarah Phase - 3 & 3A?+
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. Verified under The Tribune.
What is the official HARERA registration and completion timeline for Ashiana Amarah Phase - 3 & 3A?+
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. Official statutory filing source: The Tribune.
What is the investment outlook for New Gurgaon?+
Patient, end-user value with dependable rental demand near the industrial belt. Our expected CAGR for New Gurgaon is 12.4% a year over the next five years. Infrastructure build-out will drive the next phase; best for long-term value.
What return could Ashiana Amarah Phase - 3 & 3A realistically deliver?+
Our 10-year return model for Ashiana Amarah Phase - 3 & 3A — the expected and risk-adjusted returns, the XIRR on your payment plan and the best time to exit — is in the . It is built from our market rate for its corridor, adjusted for the project's Truth Score and the cost of its predicted delay.
Is Ashiana Amarah Phase - 3 & 3A fairly priced?+
We do not publish a fair-value call, a valuation, or a percentage gap — the honest error on a filed rate is far too wide for any of them to mean anything. What we do publish is narrower and checkable: what this developer files per sq ft here, against what comparable developers file for homes of a similar size nearby. That comparison is in the . See "Is the price at Ashiana Amarah Phase - 3 & 3A justified?" above.
09
Buying from abroad? The NRI notes
Can you buy it from abroad?
Yes — Ashiana Amarah Phase - 3 & 3A is residential property, which NRIs and OCI cardholders can buy freely under FEMA, with no RBI approval and no limit on count. Who can buy what →
Funding & repatriation
Pay only through banking channels — NRE, NRO or FCNR funds, or inward remittance; NRI home loans are available from Indian lenders. At Ashiana Amarah Phase - 3 & 3A’s ≈ $264K–285K entry ticket (indicative FX, Nov 2026), which account funds the purchase decides how freely the money comes back out later — plan it before booking. The repatriation rules →
TDS on this purchase
Buying primary from the developer above ₹50 lakh, you deduct 1% TDS on each payment (Section 194-IA). Buying a resale unit here from an NRI seller switches the deduction to Section 195 — a much bigger number, and the liability sits with you. TDS, done right →
Buying without flying
Registration can complete through a consular-attested Power of Attorney, with accompanied live-video site visits before you decide — and every offer on the record. How the NRI Desk runs it →
The risk that hurts most from abroad
Delivery. Most of Gurugram’s tracked new launches are running late on our audit — chasing a builder from another time zone is the expensive way to find out. Ashiana Amarah Phase - 3 & 3A’s own delivery read is inside this report. The Gurugram Delivery Audit →
General information for overseas buyers, not legal or tax advice — rules change; confirm your situation with a cross-border CA. The NRI Desk structures exactly this, end to end.
The Independent Desk
Gaurav Jain
Founder, Truth Estate
I’ve read this file. Unlock what I found.
The full 5-pillar forensic audit
Price journey & 10-year ROI model
The verdict — our call for your budget
A 1:1 call with the founderincluded
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Considering Ashiana Amarah Phase - 3 & 3A?
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◆ We represent only you — never the developer.
Independent assessment by Truth Estate. No developer can pay for a higher Truth Score or to appear here. The Truth Score, Match Score and any recommendation are our own evidence-based opinions as of 22 Oct 2026 — not a guarantee of performance, safety, appreciation or returns, and not investment, legal or financial advice. Ticket and price bands, ROI projections and delivery estimates are tracked or modelled figures that vary by tower, floor and stack. The decision, and its risks, are yours; we are not liable for the performance of any project. Verify specifics independently and see our full disclaimer.
