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Ashiana Housing informs about acquisition of Land in Pune

Pursuant to regulation 30 of the SEBI (LODR) Regulations, Ashiana Housing has hereby informed that the company has acquired a piece of land admeasuring 28.55 acres (approx.) on outright purchase basis at Vadgaon, Pune, Maharashtra. This is the largest ever land deal by the company for development of a Senior Living project. The around saleable area is 20 lakhs sq. ft. with a sales value potential of Rs 1,800 crore.

The above information is a part of company’s filings submitted to BSE.