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Realty firm Ashiana Housing will invest Rs 1,000 crore this fiscal to buy land parcels for development of housing projects as part of its expansion plan, a top company official said. Listed entity Ashiana Housing is one of the leading real estate developers in the country. It specialises in building homes for elderly people. In an interview with PTI, Ashiana Housing MD Vishal Gupta said housing demand continues to be strong despite global uncertainties. To tap this demand, he said the company is expanding business across major markets including Delhi-NCR, Rajasthan, Maharashtra and Tamil Nadu. On land acquisition, Gupta said the company is continuously looking for land to develop regular group housing and also senior living projects. "We will be investing around Rs 1,000 crore this fiscal on land acquisition," he said, adding that the company has enough cash to fund the investment. The land acquisition would be outright as well as joint development with landowners. On sales book
Realty firm Embassy Developments Ltd is expecting a 73 per cent growth in sales bookings this fiscal year to Rs 8,000 crore as housing demand continues to be strong across major cities, a top company official said. In an interview with PTI, Embassy Developments Ltd Managing Director Aditya Virwani highlighted that the company performed well during 2025-26 with sales bookings rising 128 per cent to Rs 4,631 crore, slightly short of the annual guidance. He noted that the demand for well-designed and high-quality residential properties continues to be robust, especially for branded players having strong execution track record. About the outlook for the current fiscal year, Virwani said, "We are targeting Rs 8,000 crore worth of sales bookings in 2026-27." This includes Rs 2,000 crore worth of sales bookings or pre-sales in two housing projects that the company is building on a DM (development management) model, he added. In the two DM projects, the company would build as well as sell