India, Sept. 21 -- Realty firm Ashiana Housing will invest Rs 1,000 crore this fiscal to buy land parcels for the development of housing projects as part of its expansion plan, a top company official said.

Listed entity Ashiana Housing is one of the leading real estate developers in the country. It specialises in building homes for elderly people.

In an interview with PTI, Ashiana Housing MD Vishal Gupta said housing demand continues to be strong despite global uncertainties.

To tap this demand, he said the company is expanding business across major markets including Delhi-NCR, Rajasthan, Maharashtra and Tamil Nadu.

On land acquisition, Gupta said the company is continuously looking for land to develop regular group housing and also s...