- Premium Active Senior Living Community with Thoughtfully Designed Homes, Extensive Green Spaces and Lifestyle Amenities
- The new phase of Ashiana Vatsalya involves an investment of approximately ₹100.41 crore, adding 168 residential units to the premium senior living community in Chennai.
New Delhi, 26 October 2026: Ashiana Housing Ltd. (NSE/BSE Listed), India’s leading developer in senior living, has announced the launch of Phase 3 of Ashiana Vatsalya, its premium Active Senior Living project in Chennai. Spread across 17.9 acres, the new phase further expands the company’s senior living offering in the city, building on the strong response received by the earlier phases of the project.
The new phase will offer 168 residential units across 1,2&3BHK configurations, with prices starting from ₹85 lakh and going up to ₹1.69 crore. The development is expected to involve an investment of approximately ₹ 100.41 crore, with construction scheduled for completion by March 2029.
Ashiana Vatsalya has established itself as a community-focused senior living development, combining thoughtfully planned residences with open spaces, recreational facilities, healthcare support and opportunities for social engagement. The larger development spans 17.9 acres and includes a 42,000 sq.ft. clubhouse, 6.3 acres of landscaped and park areas, and 40+ lifestyle and sports amenities. Its location near Kolavai Lake adds to the appeal of the community, with a significant proportion of homes offering lake views.
The project has recorded strong sales momentum since the launch of Phase 1 in 2024. The company launched Phase 2 in October 2025. Together, Phase 1 and Phase 2 have sold 367 units to date, generating a sales value of more than ₹ 314 crore. Given this strong demand, the company is now launching Phase 3 of Ashiana Vatsalya.
With the launch, 168 new units are being added to Ashiana Vatsalya, further expanding the community and giving more seniors an opportunity to be part of a professionally managed living environment focused on independence, security, convenience and an active social life.
Speaking on the launch, Ankur Gupta, Joint Managing Director, Ashiana Housing Ltd., said, “Ashiana Vatsalya has seen a strong response from seniors and their families because it brings together well-planned homes, open spaces, amenities and a community environment. Phase 3 builds on this experience and gives us an opportunity to serve the growing demand for quality senior living in Chennai. We remain focused on creating communities where seniors can live independently, stay socially connected and enjoy an active lifestyle.”
Ashiana Vatsalya is designed specifically for seniors seeking a well-planned residential environment that supports independent living while providing easy access to everyday conveniences and community activities. The development reflects Ashiana Housing’s approach to senior living, with homes designed around comfort, accessibility, natural light and ventilation, complemented by amenities that encourage wellness, recreation and social interaction.
The investment for the new phase will be funded through IFC, with the company expecting demand to come from a combination of end-users and investors. The launch comes amid growing interest in organised senior living communities in India, driven by changing family structures, longer life expectancy and increasing preference among seniors for independent living within a secure and socially engaging environment.
With Phase 3, Ashiana Housing further strengthens Ashiana Vatsalya as a large-scale senior living community in Chennai, bringing together residential spaces, amenities, green areas and community-led living in an integrated development.
About Ashiana Housing
Ashiana Housing Ltd. (Listed on NSE/BSE) is a leading Indian real estate development company established in 1979, with its head office in New Delhi, India. With a legacy spanning over four decades, Ashiana has earned a reputation for delivering high-quality, thoughtfully designed residential communities that cater to evolving lifestyle needs.
The company has been ranked No. 1 in the Senior Living segment for the 9th consecutive year, reaffirming its leadership and commitment to creating meaningful living experiences for seniors across India.
Ashiana Housing’s portfolio includes over 55+ projects across four categories – Senior Living, Premium Homes, Elite Homes, and Kid-Centric Homes. With a strong presence in 8 cities across India, Ashiana has successfully constructed and delivered over 23 million square feet, serving more than 19,000 happy families.
Setting a benchmark in long-term service and customer trust, the company currently manages and maintains over 19 million square feet of residential and community spaces under lifetime service contracts – a testament to its quality, reliability, and after-sales commitment.
Ashiana Housing has also been recognized among the Top 10 Realty Brands 2024-25 in India by Track2Realty, further solidifying its position as a trusted and admired name in Indian real estate.
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