Ashiana To Invest Rs 4.25 Billion In Senior Living

07 Aug 2025 CW Team

Realty firm Ashiana Housing Ltd plans to invest Rs 4.25 billion during the 2025–26 fiscal year for the development of senior living homes. In a regulatory filing, the company stated it is "contemplating a total outlay of Rs 4.25 billion towards senior living during FY2025–26".

The funds will go towards landowner payouts, construction and execution costs, and other project-related expenses.

Commenting on the company’s strategy, Ankur Gupta, Joint Managing Director at Ashiana Housing, said, “Senior living is more than a business segment for us; it is a long-term commitment rooted in demographic need and social relevance.”

He added that the increased investment, along with the company’s planned entry into Mumbai, Bengaluru, and other cities, reflects Ashiana’s belief in the growing senior housing market and its ability to deliver integrated housing with ongoing community support.

In 2024–25, Ashiana Housing invested Rs 2.13 billion in senior living and recorded sales worth Rs 3.82 billion from this segment. It is now targeting Rs 4.5 billion in sales for the current year.

Gupta noted that the company is actively seeking land parcels, though rising prices have made acquisitions more challenging. Ashiana currently has nine ongoing projects—three in Bhiwadi (NCR), three in Chennai, and one each in Jaipur, Pune, and Lavasa—with plans to expand into Mumbai and Bengaluru.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..