Hubtown Limited, one of India’s established real estate developers and the largest holder of premium and ultra-premium land parcels in South Mumbai, has reported a strong operational performance for the year so far. The company recorded pre-sales of approximately ₹3,547 crore as of November 2025, reflecting a year-on-year growth of nearly 19% when compared with the full-year pre-sales of around ₹5,022 crore in FY25, adjusted for the expected performance of the amalgamating entities. The sustained demand across Hubtown’s luxury and premium housing portfolio underscores the company’s execution capabilities and continuing customer confidence.

A key strategic development for Hubtown is the ongoing merger of its marquee ultra-luxury projects—25 West in Bandra, 25 South in Prabhadevi and 25 Downtown in Mahalaxmi—into the listed entity. This consolidation is poised to significantly enhance scale, increasing the company’s total development value from approximately ₹850 billion to an estimated ₹1,300 billion. Post-merger, Hubtown will bring over five million sq. ft. of prime ultra-luxury inventory under the listed platform, reinforcing its leadership in some of South Mumbai’s most sought-after micro-markets and unlocking operational synergies.

Hubtown’s growth outlook is further supported by a robust, launch-ready land bank of 23.1 million sq. ft. The pipeline spans ultra-luxury residences, premium housing, second homes and commercial assets across key locations. Upcoming launches include new phases at 25 Downtown in Mahalaxmi, featuring five towers with expansive single-floor residences exceeding 15,000 sq. ft. carpet area, and fresh phases at 25 West in Bandra offering large-format homes ranging between 5,000 and 12,000 sq. ft. The company is also preparing to introduce an ultra-luxury boutique development at Breach Candy, along with premium homes at 25 Vistas in Thane Upvan and a low-density luxury township, 25 Estates, across roughly 300 acres in Khalapur. In the commercial segment, Hubtown plans to launch Grade-A strata-sale office projects in Chembur and Ghatkopar.

To complement its expansion plans, Hubtown has intensified its focus on execution efficiency, shortening project completion timelines in line with growing demand and improved cash flow visibility. The company has also strengthened its balance sheet, reducing debt at the listed entity by 69%—from ₹34.3 billion to ₹10.6 billion. Notably, 25 West is entirely debt-free, while 25 South is already more than 90% sold, with remaining tower completions targeted for calendar year 2026.

TOPICS: Hubtown