Hubtown's Strategic Real Estate Consolidation and Revitalization

Hubtown Limited, one of Mumbai's oldest and recognized real estate brands, is undergoing its boldest transformation yet.

- Anirudha Jain

With a series of mergers, capital raises, and restructuring exercises, the company is laying the foundation for ‘Hubtown 2.0’—a renewed, debt-light, and project-rich entity poised to reclaim its leadership in Mumbai's premium residential real estate market.

Hubtown Limited (“HL” or “Transferee Company”) is primarily engaged in the business of construction and development of residential and commercial premises, Build Operate Transfer (BOT) Projects, etc. either directly and / or through its subsidiaries / joint ventures / associate companies. The equity shares of the Transferee Company are listed on National Stock Exchange of India Limited as well as BSE Limited.

In 2024, the Company raised circa INR 1200 crore through preferential issue of Equity shares, compulsory convertible debentures and convertible warrants of the Company. In addition, recently, it announced preferential allotment of INR 500 crore. The primary intent is to repay existing debt.

Saicharan Consultancy Private Limited (“SCPL”) is engaged in business of making strategic investments and providing advisory services. SCPL is a group company, which is being jointly controlled by persons forming part of the Promoter and Promoter Group of HL.

25 West Realty Private Limited (“25 WRPL”) is primarily engaged in real estate business of construction and development of residential and commercial premises through both – on its own and through its subsidiaries / joint ventures / associate companies. The equity shares of 25 WRPL are held by the promoters of HL.