Ashiana Housing takes on 4.4-acre senior living site in Sector 78, Gurugram

Ashiana Housing Ltd has signed a joint development agreement (JDA) for a senior living project in Sector 78, Gurugram, in late October 2026. The deal was reported on 29 October 2026. The site is about 4.41 acres, and the project is estimated to offer about 7.25 lakh sq ft of saleable area with a sales potential of ₹1,300 crore.

Sector 78 lies near Shikohpur in New Gurugram. The area is close to NH-48, the Southern Peripheral Road and the Dwarka Expressway. Indira Gandhi International Airport is about 29 km away by NH-48, by one estimate. Garhi Harsaru Junction is the nearest railway station, about 12 km away. Metro access is less settled: estimates of the distance to the nearest Yellow Line station differ widely, and no official opening date for a nearby station has been announced.

The sales potential is an estimate and not a figure for bookings or revenue. The reports on the deal do not name the landowner or JDA partner, and they do not give the revenue-share or consideration terms. Government approvals are described as still pending.

Why senior living, and why Gurugram

Ashiana says it has worked in organised senior living since 2003. Its model combines apartments with care services under Continuing Care Retirement Communities, or CCRCs. Senior living made up about 25% of the company's revenue in FY26, according to its management, and the company aims to raise that share to 50% by 2030.

The company's FY26 sales value reached a record ₹2,421.47 crore, of which ₹570.15 crore came from senior living. In the July to September 2026 quarter, it booked ₹834.40 crore across 525 units, covering 9.46 lakh sq ft. Bookings for the year so far total ₹1,192.04 crore. Management says it prefers joint development agreements and financial co-investors to outright land purchases, and it targets a land bank of five to seven times its annual execution plan.

Ashiana already has a Gurugram presence. Its Amarah project is in Sector 93, and its Aaroham launch in Gurugram carried an average realisation of ₹15,291 per sq ft, according to the company's Q4 FY26 presentation. Gurugram's Dwarka Expressway corridor was the top-performing residential micromarket in the first half of 2026, according to a property report.

What buyers should watch

No unit configurations, price band, possession date or RERA registration number have been published for Sector 78. Buyers should not assume any of these until the developer files them. The Haryana Real Estate Regulatory Authority registration, when granted, will show the approved project details and timelines.

The deal's value depends on three things, as the report notes: timely government clearances, demand in the Gurugram retirement housing segment, and the execution of the JDA terms. National data on the segment shows organised senior housing stock of 25,050 units as of June 2026, growing at about 14.2% a year since 2024, with occupancy of 80–85% at well-managed facilities.

• Watch for the RERA registration and the approved unit mix.
• Watch for the launch date and the price band.
• Watch for the construction timeline and any capital needs disclosed in exchange filings.
• Watch for the planning and government approvals that follow the JDA.

For buyers in the Dwarka Expressway belt, the Sector 78 project is an early-stage signal rather than a buying option. Until the approvals and pricing are out, the next step is the RERA filing and the first launch announcement.