Project Launch
Ashiana Housing targets Q4 FY27 launch for Panvel senior-living project
Ashiana Housing Ltd. has listed its Panvel senior-living development as pre-launch and is targeting a launch in the fourth quarter of FY27. The project is planned on 7.02 acres secured through two revised land agreements.
| Developer | Ashiana Housing Ltd. |
|---|---|
| Location | Panvel, Raigad district, Maharashtra |
| Project type | Senior living |
| Status | Pre-launch as of October 2026 |
| Land secured | 7.02 acres across two agreements |
| Launch target | Q4 FY27 (January–March 2027) |
Revised land agreements precede launch
On 30 March 2026, Ashiana Housing said it had replaced an earlier arrangement covering a seven-acre perpetual lease with two agreements with Caroa Properties LLP: an Agreement to Sell for 6.02 acres and a perpetual lease for 1.03 acres. The company said the combined land secured for the senior-living project totals 7.02 acres.
The company intends to seek the necessary approvals and aims to launch the project by Q4 FY27. As of October 2026, the project remains pre-launch. The land-agreement change is a development milestone, not evidence that the project is operational or under construction.
Project details and pricing
Ashiana has identified the development as a senior-living project in Panvel. Its disclosed land potential is approximately 7,05,000 sq. ft. No unit configurations, project price band or possession timeline are included in the project details available as of October 2026.
The company’s Q4 FY27 launch target is a target, not a possession date. The company has said it intends to apply for approvals. As of October 2026, the project had not been registered under MahaRERA.
Panvel transport context
Panvel is served by a railway station on the Harbour and Trans-Harbour lines, the Vasai Road–Roha line and the Panvel–Karjat corridor. Panvel station is also linked to the proposed Navi Mumbai International Airport. These are locality-level connections; project-specific access details have not been included in the launch information.
Frequently asked questions
What is Ashiana Housing planning in Panvel?
Ashiana Housing Ltd. is planning a senior-living project in Panvel, Raigad district, Maharashtra.
What is the project’s current status?
It is listed as pre-launch as of October 2026. The company intends to seek approvals and is targeting a launch in Q4 FY27.
How much land is secured for the project?
The company reports 7.02 acres secured through an Agreement to Sell for 6.02 acres and a perpetual lease for 1.03 acres.
What are the project’s configurations, prices and possession timeline?
The disclosed project details do not include unit configurations, a price band or a possession timeline.
Is the project registered with MahaRERA?
As of October 2026, the project had not been registered under MahaRERA.