real estate genre bse 523716 nse ashiana founded 1979 founder om gupta headquarters new delhi india area served new delhi bhiwadi neemrana jaipur jodhpur jamshedpur lavasa kolkata key people mr. vishal gupta managing director mr. ankur gupta jt . managing director mr. varun gupta whole time director products apartments retirement community assisted living retail hotels services facilities management revenue inr1 1614.18 million fy 2012 13 net income inr 331.47 million fy 2012 13 total assets inr 574.06 million fy 2012 13 1 subsidiaries ashiana maintenance services latest developers advisory limited topwell projects consultants limited website https www.ashianahousing.com ashiana housing ltd. ahl is an indian real estate development company established in 1979 with its head office in new delhi india . it was the only indian real estate company to be recognized by forbes as asia s 200 best under a billion 2010 and 2011 . 2 ashiana housing is a mid income housing developer with primary focus on senior living and care homes i.e. assisted living for the elderly . in recent times the company has expanded its reach from group housing to facility management retail and hotels as well as maintenance and resale of property after possession . contents 1 history 2 sponsorships and joint ventures 3 financial summary 4 company leadership 5 corporate social responsibility 6 awards and recognition 7 references 8 external links history edit ashiana housing ltd. 3 is involved in middle to upper middle income residential housing projects in satellite cities and towns in india around industrial hubs predominantly along the delhi mumbai industrial corridor being promoted by the government of india . its residential real estate development projects range from apartments to group housing projects . in addition it also develops limited retail and commercial properties including hotels . the company was incorporated on june 25 1986 under the companies act 1956 as ashiana housing & finance india limited . subsequently the name of the company was changed to its present name in the year 2007 . as of december 31 2014 the company completed 24 residential developments and 6 commercial developments aggregating 10.74 million square feet of saleable area . 4 its ongoing projects include 13 projects comprising 11 residential developments and 2 commercial developments aggregating approximately 6.38 million square feet of saleable area 15 future projects comprising 13 residential developments and 2 commercial developments aggregating approximately 8.40 million square feet of saleable area sponsorships and joint ventures edit on 4 january 2010 ashiana announced a joint venture with the mangalam group in jaipur for the development of 31 acres of land . the ashiana mangalam partnership built several projects in jaipur . 5 6 ashiana housing raised rs 200 crore from goldman sachs and creador by way of qualified institutional placement of its equity shares in february 2015 . 7 8 in june 2015 ashiana joined escapade real estate a part of arihant foundations to launch a housing project called ashiana shubham 9 for senior living and normal housing in chennai . 10 in july 2015 ashiana signed a partnership deal with shriram properties to develop a housing project in kolkata . through this partnership with bengal shriram hi tech city pvt. ltd. a group company of shriram properties ltd. the company will develop senior living as well as regular housing on 19.72 acres of land . 11 financial summary edit during the fiscal year 2014 15 ashiana s net profit doubled to rs 46.49 crore from rs 21.86 crore previous fiscal year . income from operations increased to rs 142.70 crore from rs 110.65 crore . the company claims to have raised rs 200 crore in 2015 from investors through qualified institutional placement . in the fiscal year 2012 13 the company posted a profit after tax of rs . 33.2 crore . the company reported a 61 % increase in revenues sales & other income in 2011 12 over the previous financial year 2010 11 . 12 company leadership edit senior management vishal gupta managing director looks after the general management of company affairs including finance engineering and architecture and project execution . 13 ankur gupta joint managing director is an alumnus of new york university and specializes in senior housing . he also looks after sales & marketing and it . he also leads all the residential projects for senior living as well as the facilities management segment . 14 varun gupta whole time director graduated as magna cum laude from nyu as a bachelor of science . he handles land legal corporate affairs finance strategy and investor relations . other key people 15 shyamal palit vice president operations vikash dugar chief financial officer shantanu haldule vice president gurgaon & jamshedpur pramod kumar jaiswal vice president bhiwadi & neemrana sanjeev rawat vice president jaipur & jodhpur dinesh chandra singh vice president halol manoj tyagi vice president pune vijay moorthy vice president chennai shantashil ganguly vice president kolkata atma sharan vice president facility management and senior living bhagwan kumar general manager land & legal anupama gulati general manager sales board of directors 16 anand narayan non executive director abhishek dalmia independent director hemant kaul independent director sonal mattoo independent director corporate social responsibility edit ashiana training institute aside from providing employment to thousands of unskilled and semi skilled workers and migrant laborers at its construction sites the company provides skill training plumbing electrical and masonry to help laborers earn better wages . 17 phoolwari ashiana housing started a day care initiative for the children of laborers working at construction sites named ashiana phoolwari focusing on child hygiene health well being and education . 18 women empowerment the company provides skill training programs for women laborers to help them earn equal wages to men and improve their job prospects . it also sponsors a monthly panchayati raj training programme for elected women representatives in partnership with kiran bedi s navjyoti foundation . 19 environmental efforts as part of its corporate social responsibility towards the environment the company follows best practices for solid waste management optimal use of natural resources and extensive planting of trees on all ashiana properties . awards and recognition edit date award awarded by 2015 best budget apartment project of the year 20 ndtv profit 2015 bhamashah award thrice in a row for contribution to the field of education in rajasthan 21 government of rajasthan 2015 the most promising company of the next decade 22 cnbc awaaz during the good governance summit 2014 realty giant of north india m s think media inc. s 2012 best affordable housing award for ashiana aangan bhiwadi and ashiana woodland jamshedpur 23 cnbc awaaz s real estate awards 2012 india s best theme based township for ashiana utsav bhiwadi 24 credai real estate awards 2011 asia s 200 best under a billion 25 forbes 2011 best residential project north to ashiana aangan 26 zee business rics 2011 best residential project east to ashiana woodlands 27 zee business rics 2010 asia s 200 best under a billion 28 forbes 2010 bma siegwerk award for corporate social responsibility bhiwadi manufacturers association references edit ashianahousing pdf . ashiana . retrieved 14 march 2014 . o.p. gupta chairman ashiana housing . ming your business . retrieved 19 october 2015 . can ashiana housing replicate its success outside north india . forbes india magazine . forbes . 3 march 2015 . retrieved 19 october 2015 . file c documents % 20and % 20settings home my % 20documents downloads ashiana housing initiating coverage sep 2014 . pdf india nivesh check url value help pdf . india nivesh . retrieved 19 october 2015 . ashiana housing q4 net up by 57 per cent at rs 26.65 crore . economic times . 3 jun 2012 . retrieved 19 october 2015 . ashiana & mangalam group launch new residential project in jaipur . projects today . retrieved 19 october 2015 . ashiana housing raises rs 200 cr via qip . business standard . 10 february 2015 . retrieved 19 october 2015 . creador invests 16.2 m in indian housing developer ashiana . altassets . 11 feb 2015 . retrieved 19 october 2015 . project ashiana shubham in chennai by ashiana . ashiana housing escapade real estate to offer retirement home in chennai . business standard . 14 june 2015 . retrieved 19 october 2015 . ashiana housing enters into devlopment agreement . sharekhan . sharekhan . 14 july 2015 . retrieved 19 october 2015 . ashiana housing ltd asfi natl india . bloomberg business . retrieved 19 october 2015 . vishal gupta managing director ashiana housing limited . india info online . retrieved 19 october 2015 . executive profile ankur gupta . bloomberg business . retrieved 19 october 2015 . ashiana housing ltd ahfn.ns . reuters . retrieved 19 october 2015 . ashiana housing ltd asfi natl india . bloomberg . retrieved 19 october 2015 . ficci corporate social responsibility awards pdf . ficci . federation of indian chambers of commerce and industry . retrieved 19 october 2015 . ashiana housing ltd conferred with ficci csr award . business wire india . 27 july 2015 . retrieved 19 october 2015 . csr activities . ashiana housing . retrieved 19 october 2015 . intimation about felicitation of rangoli gardens as best budget apartment project of the year by ndtv . the hindu businessline . 23 march 2015 . retrieved 20 october 2015 . ashiana housing wins bhamashah award . finalaya news . 30 june 2015 . retrieved 20 october 2015 . cnbc awaaz felicitates ashiana housing with the most promising company of the next decade at its act for good governance summit . first report . 27 january 2015 . retrieved 20 october 2015 . ashiana housing cnbc awaaz awards ashiana aangan bhiwadi the best affordable housing in ncr and india . money control . retrieved 20 october 2015 . ashiana housing credai india awards ashiana utsav bhiwadi the best theme based township non metro . money control . retrieved 20 october 2015 . asia s 200 best under a billion . forbes . retrieved 20 october 2015 . winners of zee business rics real estate awards . essel group . retrieved 20 october 2015 . winners of zee business rics real estate awards . essel group . retrieved 20 october 2015 . asia s 200 best under a billion . forbes . retrieved 20 october 2015 . external links edit company website 1 retrieved from https en.wikipedia.org w index.php title ashiana housing & oldid 735980243 categories real estate companies of indiahidden categories pages with url errors navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout 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