Ashiana Housing Ltd listed in Asia’s Best Under A Billion’

Ashiana Housing Ltd Shines in Forbes' 2010 'Asia's Best Under A Billion' List

In a notable recognition, Delhi-based Ashiana Housing Ltd emerged as the sole Indian real estate company to feature in Forbes magazine's esteemed 2010 list of 'Asia's Best Under A Billion'. This distinction underscored the company's exemplary performance within the realty sector.

A Select Group of Companies

  • Indian Representation: Out of 39 Indian companies listed, Ashiana Housing Ltd was the only one from the real estate sector.
  • Asia-Pacific Wide: Across the entire Asia-Pacific region, a mere 5 real estate companies made the cut, with Ashiana Housing Ltd being one of them.
  • Overall List: The magazine shortlisted 200 companies, with 71 originating from China and Hong Kong, and a notable increase in Indian representation from 20 to 39 companies compared to the previous year.

The Selection Process

Forbes' selection criteria for the 'Asia's Best Under A Billion' list were meticulously based on:

  • Sales Growth: Assessing the company's expansion in sales.
  • Earnings Growth: Evaluating the increase in earnings.
  • Shareholders' Return on Equity: Measuring the profitability from the shareholders' perspective.

This comprehensive list was compiled after scrutinizing approximately 13,000 publicly listed companies across the Asia-Pacific region, all with revenues under $1 billion.