User:Reenagenius/Ashiana Housing Limited

Ashiana Housing Limited is the growing real estate developer with its head office in New Delhi, India. Established by Om Gupta in 1986, Ashiana Housing has forayed into Group Housing, Retirement Resorts, Retail, Hotels and Facilities Management. It has pioneered concepts like retirement resorts in India. The Company’s subsidiaries include Vatika Marketing Limited and Ashiana Retirement Villages Limited.

Ashiana Housing Ltd. has built over 9.2 million sq. ft. of Residential & Commercial space with more than 6500 families residing in the homes built under its name. It is the first group housing developer in Patna, Bhiwadi, Jamshedpur and Neemrana, the first in retirement resort and also the first to undertake the maintenance of its residential property.

History
1979: Established in Patna 1985: Started Jamshedpur Operations 1986: Incorporation of Ashiana Housing & Finance (India) Limited 1992: Shifted Head Office to Delhi 1992: Started operations in Bhiwadi 1992: First Organized developer in Bhiwadi 1992: Went Public 1998: First Organized developer in Neemrana 2006: Started Jaipur Operations 2007: Started Jodhpur Operations 2007: Completed India’s first Retirement Resort in Bhiwadi 2007: Treehouse – hotel and club operations in Bhiwadi 2008: Started Lavasa (Pune) operations as Lavasa’a second client 2008: Issued Bonus Shares in the ration 5:2

Key People
Vishal Gupta, Managing Director, is a product of Sydenham College (Mumbai) and an MBA from FORE School of Management (Delhi). He is associated with Ashiana for the last 14 years and involved in project execution and general administration.

Ankur Gupta, Joint Managing Director, is a Bachelor in Business Administration from Fairleigh Dickinson University (USA) and an MS in Real Estate from New York University (USA). He is associated with Ashiana for the last 14 years and involved in finance, marketing, project execution and general administration.

Varun Gupta, Director,is a Bachelor in Science from Stern School of Business, New York University (USA). In Ashiana, he is looking after Land and Finance for the last two years.

Retirement Resorts
Ashiana Housing is expanding its footprint in retirement homes segment in Lavasa City near Pune with an investment of Rs 140 crore. This will be the company’s third “Utsav’ brand of retirement resorts after starting such projects in Bhiwadi in Rajasthan, about 60 km from Delhi and Jaipur.

Utsav Bhiwadi It is India's first Retirement Resort at Bhiwadi in Delhi (NCR) and fully operational in all its glory. The Activity Centre is buzzing with frequent activities like tournaments, movie shows, entertainment shows, medical camps, spiritual discourses and social programmes. The dining hall churns out delectable cuisines for those who do not wish to eat or cook at home.

Utsav Jaipur Located on Kalwar Road, it is 17 Kms from M.I. Road. Multi speciality Hospitals like S.K.Soni Hospital are in the Vicinity. Other near-by Hospitals include Khandaka and Chest Hospitals. The ancient temples of the Pink city are only 20 minutes away while the Birla Mandir is another 5 minutes from there. There are variety of options like Fatehpur Sikri, Dargha Sareef in Ajmer and Chokidhani. There are some of the architectural marvels like Hawa Mahal, city palace and Amer Fort that add value to the city. Jaipur is a shopper's paradise with famous Johri Bazar and Bapu Bazar.

Utsav Lavasa Lavasa is approximately an hours drive from Pune (around 65 kms) and around 3.5 hours away from Mumbai (around 200 kms). It is the largest Hill Station to be planned and developed using the geographical Information system (GIS). Situated 2000 to 3000 feet above sea level, it is a self contained world where people can live, work, learn and play in harmony with nature. The Warasgaon Lake in Lavasa is 20 Kms long having a maximum depth of 100 ft. with almost 90 streams coming together to form this lake. The winding hill roads of Lavasa extend to 126 kms Lavasa is embedded between 15 hills and valleys. The total area of Lavasa at 25,000 acres, which is 100 sq.kms., which makes it almost as big as Paris. The huge forests around the lake spanning the entire length and breath of the lake are rich with unique flora and fauna.

Facilities Management
Vatika Marketing Ltd., a subsidiary of Ashiana, is constantly improving and streamlining its operations to provide quality maintenance to all Ashiana properties. Monitoring systems like MIS and follow –up reports ensure timely, economical and efficient maintenance. Vatika's facility management maintains over 4000 flats in over 15 complexes, covering an area of 4 million sq. ft.