Mumbai: Real Estate developer Hubtown Ltd reported a strong uptick in its presale bookings reaching ₹3,547 crores as on November 2025, a 19% YoY growth. The surge reflects the increased demand for housing across Mumbai, including projects targeted for mid-range and premium customers. According to a press release to the bourses, Hubtown is currently developing almost 23.1 million sq ft of saleable projects, across the financial capital, with the majority being residential properties.
The company is currently looking to merge its marquee ultra-luxury properties including 25 West (Bandra), 25 South (Prabhadevi) and 25 Downtown (Mahalaxmi) into its listed entity. This would increase Hubtown’s total development value to ₹1,300 billion, creating a robust luxury portfolio including over 5 million sq ft of prime ultra luxury inventories across South Mumbai’s prime micro-markets.
Hubtown is in the process of reducing project completion cycles, in order to align with strong demand and improved cash flow visibility. The company has worked to reduce its debt by 69% from ₹34.3 billion in 2017 to ₹10.6 billion currently.
“Our strong pre-sales performance reflects the trust customers place in Hubtown’s brand and execution capabilities. With the proposed merger, robust demand across categories, and the substantial ultrapremium land bank in South Mumbai, we are well positioned to deliver sustained growth. Our focus remains on accelerating launches, maintaining financial discipline, and creating long-term value for stakeholders.
Looking ahead, Hubtown aims to strengthen its leadership in the ultra-luxury category, accelerate its launch pipeline, and maintain a disciplined capital structure. With strong industry tailwinds and a differentiated premium-led portfolio, Hubtown is poised for a transformative growth phase.” Mr. Vyomesh Shah, MD & Co-Founder of Hubtown Limited said in a press release to the bourses.
