Of bringing real value in real estate: top quality construction, expanse of greenery, and townships teeming with respect and life in India.
In nine major sites across five States spreading to the north, east, south and west of India.
Across our major real estate categories – Comfort Homes, Senior Living projects, Care Homes and Retail.
Interact with our team of real estate advisors, without mediating property agents in between. Reach us directly – to buy, rent or resell.
Full-fledged set of teams comprising architects, interior designers, landscape designers, mechanical and electrical engineers, contractors and more.
End-to-end in-house maintenance management for both old and new projects that keeps the property green, clean, safe and full of life.
One of the earliest companies to bring the retirement resort and housing concept to India via its Senior Living projects – Utsav.
INVESTMENT NEWS
We opted to buy flat at Gulmohar Garden. Gulmohar Gardens offers luxary lifestyle at affordable price.
23 April, 2016
We opted to buy flat at Gulmohar Garden. Gulmohar Gardens offers luxary lifestyle at affordable price.
23 April, 2016
We opted to buy flat at Gulmohar Garden. Gulmohar Gardens offers luxary lifestyle at affordable price.
23 April, 2016
We opted to buy flat at Gulmohar Garden. Gulmohar Gardens offers luxary lifestyle at affordable price.
23 April, 2016
We opted to buy flat at Gulmohar Garden. Gulmohar Gardens offers luxary lifestyle at affordable price.
23 April, 2016
We opted to buy flat at Gulmohar Garden. Gulmohar Gardens offers luxary lifestyle at affordable price.
23 April, 2016
We opted to buy flat at Gulmohar Garden. Gulmohar Gardens offers luxary lifestyle at affordable price.
23 April, 2016
Abhishek Dalmia
Non-executive Independent Director
Abhishek Dalmia is a non-executive independent director of Ashiana Housing since 2006. He is a chartered and cost accountant by profession. He started his career by setting up an advisory business under the name Renaissance Group.
Remuneration
Remunerated in sitting fees only. The term of contract is as per the provisions of The Companies Act 2013, in respect of the role of an Independent Director.
Ankur Gupta
Mr. Ankur Gupta as Joint Managing Director of the company for a period of three years w.e.f. 1st April, 2016
Basic Salary
Rs. 5,00,000/- per month.
Housing
The expenditure incurred by the Company on hiring accommodation whether furnished/ unfurnished.
Free furnished accommodation in case the accommodation is owned by the Company.
In case no accommodation is provided by the Company, entitlement to house rent.
Commission
Payment of commission every year upto the rate of 1% of the net profits of the company calculated in accordance with the provisions of section 198 of the Companies Act, 2013 read with rules made there under.
Provident Fund
Contribution to the Provident Fund as per rules of the company, subject to a ceiling of 12% of Basic Salary.
Gratuity
Payable as per rules of the company but not exceeding half month’s salary for each completed year of service.
Medical Reimbursement
Expenses actually incurred for self and family.
Leave Travel Concession
For self and family once in a year for any destination in India.
Club Fees
Fees of club subject to a maximum of two clubs may be allowed. Admission and Life membership fees are not permissible.
Personal Accident Insurance
Premium not to exceed Rs. 25,000/- per annum.
Car
Facility of Car with driver. (Use of car for private purpose shall be billed by the company to the Joint Managing Director.)
Telephone
Telephone at residence. (Personal long distance calls on telephone shall be billed by the company to the Joint Managing Director.)
Leave
One month leave for Eleven Months of service. Leave accumulated but not availed will be allowed to be encashed at the end of tenure.
Termination Of Contract
The Company and Mr. Ankur Gupta are entitled to terminate the contract by giving not less than ‘Ninety days’ notice to either party.
Mr. Ankur Gupta, shall not be entitled to any sitting fees for attending the meeting of the Board of Directors and/ or committee of Directors.”
Mr. Ankur Gupta will receive the remuneration in any financial year, where the company has no profits or its profits are inadequate during the term of office, the remuneration aforesaid, shall be paid as minimum remuneration upto maximum remuneration in terms of Schedule V of the Companies Act, 2013.
Hemant Kaul
Independent Director
Hemant Kaul lhas been an Independent Director of Ashiana Housing since 2013. He is a BSc graduate of the University of Rajasthan and holds an MBA from Poddar Institute of Management, Jaipur. In his previous avatar, Hemant was the managing director and chief executive officer of Bajaj Allianz General Insurance Company Limited. He was also a part of the initial team that set up the UTI Bank in 1994 in India.
Remuneration
Remunerated in sitting fees and a commission to a maximum amount of ₹8 lacs per annum. The term of contract is as per the provisions of The Companies Act 2013, in respect of the role of an Independent Director. Hemant’s term is up to 28 August 2017.
Narayan Anand
Non-executive Director
Narayan Anandis a non-executive Independent Director at Ashiana Housing. He graduated with honours Mechanical Engineering from the National Institute of Technology, Jaipur, and holds an MBA from IIM, Bangalore. Narayan has spent nearly two decades working as an investment banker, where he helped mid-market and large corporates in raising equity and debt capital in India.
Remuneration
Remunerated in sitting fees only. The term of contract is as per the provisions of The Companies Act 2013, in respect of the role of an Non- Executive Director. Narayan’scontractual term is valid from 13 February 2015 up to 12 February 2017.
Sonal Mattoo
Independent Director
Sonal has been an Independent Director of Ashiana Housing since 2003. She holds Law degree from National Law School, Bangalore, India, with nearly two decades of experience as a lawyer. She specialises in workplace harassment, diversity issues, mediation matters, matrimonial issues and negotiations.
Remuneration
Sonal is paid a commission amount to the maximum of ₹ 18 lacs per annum since April, 2015 and the aforementioned sitting fee. The term of contract is as per the provisions of The Companies Act 2013, in respect to the role of an Independent Director.
Varun Gupta
Mr. Varun Gupta was appointed as Whole-time Director of the company for a period of three years w.e.f. 01st July, 2014.
Basic Salary
Rs. 5,00,000/- per month.
Housing
The expenditure incurred by the company on hiring accommodation whether furnished / unfurnished.
Free furnished accommodation in case the accommodation is owned by the company.
In case no accommodation is provided by the company, entitlement to house rent. The expenditure incurred by the company on gas, electricity, water & furnishings will be valued as per Income Tax Rules, 1962.
Commission
Payment of commission every year at the rate of 1% of the net profits of the company calculated in accordance with the provisions of section 198 of the Companies Act, 2013, read with rules made thereunder.
Provident Fund
Contribution to the Provident Fund as per rules of the company, subject to a ceiling of 12% of Basic Salary.
Gratuity
Payable as per rules of the company but not exceeding half month’s salary for each completed year of service.
Medical Reimbursement
Expenses actually incurred for self and family.
Leave Travel Concession
For self and family once in a year for any destination in India.
Club Fees
Fees of club subject to a maximum of two clubs may be allowed. Admission and Life membership fees are not permissible.
Personal Accident Insurance
Premium not to exceed Rs. 25,000/- per annum.
Car
Facility of Car with driver. (Use of car for private purpose shall be billed by the Company to the Whole Time Director.)
Telephone
Telephone at residence. (Personal long distance calls on telephone shall be billed by the company to the Whole Time Director.)
Leave
One month leave for Eleven Months of service. Leave accumulated but not availed will be allowed to be encashed at the end of tenure.
Termination Of Contract
The Company and Mr. Varun Gupta are entitled to terminate the contract by giving not less than ‘Ninety days’ notice to either party.
Mr. Varun Gupta, shall not be entitled to any sitting fees for attending the meeting of the Board of Directors and/ or committee of Directors.
Mr. Varun Gupta will receive the remuneration in any financial year, where the company has no profits or its profits are inadequate during the term of office, the remuneration aforesaid, shall be paid as minimum remuneration upto maximum remuneration in terms of Schedule V of the Companies Act, 2013.
Vishal Gupta
Mr. Vishal Gupta as Managing Director of the company for a period of three years w.e.f. 1st April, 2016.
Basic Salary
Rs. 5,00,000/- per month
Housing
The expenditure incurred by the Company on hiring accommodation whether furnished/ unfurnished.
Free furnished accommodation in case the accommodation is owned by the Company.
In case no accommodation is provided by the Company, entitlement to house rent.
Commission
Payment of commission every year upto the rate of 1% of the net profits of the company calculated in accordance with the provisions of section 198 of the Companies Act, 2013 read with rules made there under.
Provident Fund
Contribution to the Provident Fund as per rules of the company, subject to a ceiling of 12% of Basic Salary.
Gratuity
Payable as per rules of the company but not exceeding half month’s salary for each completed year of service.
Medical Reimbursement
Expenses actually incurred for self and family.
Leave Travel Concession
For self and family once in a year for any destination in India.
Club Fees
Fees of club subject to a maximum of two clubs may be allowed. Admission and Life membership fees are not permissible.
Personal Accident Insurance
Premium not to exceed Rs. 25,000/- per annum.
Car
Facility of Car with driver. (Use of car for private purpose shall be billed by the company to the Managing Director.)
Telephone
Telephone at residence. (Personal long distance calls on telephone shall be billed by the company to the Managing Director.)
Leave
One month leave for Eleven Months of service. Leave accumulated but not availed will be allowed to be encashed at the end of tenure.
Termination Of Contract
The Company and Mr. Vishal Gupta are entitled to terminate the contract by giving not less than ‘Ninety days’ notice to either party.
Vishal Gupta, shall not be entitled to any sitting fees for attending meetings of the Board of Directors and/ or committee of Directors.
Vishal Gupta will receive the remuneration in any financial year, where the company has no profits or its profits are inadequate during the term of office, the remuneration aforesaid, shall be paid as minimum remuneration up to maximum remuneration in terms of Schedule V of the The Companies Act 2013.
