Hubtown Limited, one of India’s leading real estate developers and the largest holder of premium and ultra-premium land parcels in South Mumbai, has reported strong operational performance supported by sustained pre-sales momentum. The company achieved pre-sales of about Rs 35.47 billion as of 10 November 2025 (YTD), compared with full-year pre-sales of around Rs 50.22 billion in FY25—an increase of about 19 per cent year-on-year, based on expected pre-sales of amalgamating companies. The performance underscores continued demand across Hubtown’s ultra-luxury and premium residential portfolio and highlights the company’s focus on execution and customer confidence. Merger and Strategic Scale-Up Hubtown is in the process of merging marquee ultra-luxury projects—25 West (Bandra), 25 South (Prabhadevi) and 25 Downtown (Mahalaxmi)—into the listed entity. This strategic consolidation will increase total development value from around Rs 850 billion to about Rs 1.3 trillion, creating a stronger luxury portfolio and unlocking operational synergies. After the merger, Hubtown will consolidate over 5 million sq. ft. of prime ultra-luxury inventory, strengthening its position in South Mumbai’s most exclusive micro-markets. Upcoming Launches and Growth Outlook Hubtown’s growth trajectory is supported by a launch-ready land bank of 23.1 million sq. ft., spanning ultra-luxury, premium housing, second homes and commercial assets. Forthcoming launches include new phases of existing marquee projects as well as fresh developments across key segments: 25 Downtown (Mahalaxmi): Five towers with single-floor residences exceeding 15,000 sq. ft. 25 West (Bandra): New phases offering apartments from 5,000 to 12,000 sq. ft. Breach Candy Boutique Project: Ultra-luxury development in South Mumbai 25 Vistas (Thane Upvan): Premium homes with lake and national park views 25 Estates (Khalapur): Low-density ultra-luxury development across about 300 acres Commercial Projects: Grade-A strata-sale offices in Chembur and Ghatkopar Hubtown is also accelerating execution timelines and shortening project completion cycles to meet strong demand and leverage improved cash-flow visibility. These operational efficiencies, alongside robust pre-sales and disciplined capital management, strengthen the company’s long-term outlook. The listed entity’s debt has been reduced by 69 per cent, from Rs 34.3 billion to Rs 10.6 billion. Notably, 25 West carries zero debt, while 25 South is over 90 per cent sold, with remaining towers scheduled for completion in CY 2026. Looking ahead, Hubtown aims to reinforce its leadership in the ultra-luxury and premium residential segment, accelerate its launch pipeline and maintain a disciplined financial structure. With strong sector tailwinds, significant landholdings in Mumbai and a differentiated premium-led portfolio, the company is positioned for sustained value creation. Managing Director and Co-Founder Vyomesh Shah said: “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 ultra-premium land bank in South Mumbai, we are well positioned for continued growth. Our focus remains on accelerating launches, maintaining financial discipline and creating long-term value for stakeholders.”