Hubtown Reports Strong H1FY26 on Luxury Housing Surge

14 Nov 2025 CW Team

Managing Director and Co-Founder Vyomesh Shah said Hubtown delivered solid progress across its luxury residential developments in H1FY26, reinforcing its leadership in Mumbai’s premium housing market. He noted robust demand trends and significant construction milestones, supported by a broader sector outlook that remains highly favourable. A recent Colliers–CII report projects India’s real-estate market to expand nearly twenty-fold from USD 300 billion to USD 5–10 trillion by 2047, signalling substantial long-term growth potential.

A key strategic milestone is the proposed amalgamation of the companies executing 25 West, 25 South and 25 Downtown into Hubtown Limited. This integration will add over 5 million sq ft of prime developable area, taking the company’s total development value to more than Rs 1.3 trillion and creating one of Mumbai’s most significant luxury portfolios. Hubtown also plans to strengthen its commercial segment with new office developments in Ghatkopar and Chembur, alongside a strong residential launch pipeline including 25 Estates (weekend villas in the MMR), 25 Vistas (premium residences in Thane), boutique homes at Breach Candy and a large township project in Mulund–Thane.

Financial discipline remains central to Hubtown’s strategy. The company has reduced listed-entity debt by around 69 per cent, from a peak of Rs 34 billion to Rs 10.6 billion as of September 2025. Shah said the company remains focused on delivering differentiated offerings, strategic integration and prudent capital management while setting new standards in premium living.

Consolidated Financial Highlights

Q2FY26

Total income: Rs 2.63 billion, up 89.0 per cent year-on-year

Profit before tax: Rs 584.9 million, up 63.84 per cent year-on-year

H1FY26

Total income: Rs 4.98 billion, up 87.83 per cent year-on-year

Profit before tax: Rs 1.31 billion, up 220.72 per cent year-on-year

Operational Highlights

Pre-sales value year-to-date, including proposed amalgamating companies: approx. Rs 35.47 billion

Outlook

Hubtown’s total development value, including the entities proposed for amalgamation, stands at more than Rs 1.3 trillion. Of this, over Rs 450 billion is attributed to ultra-luxury and premium projects — 25 South, 25 West and 25 Downtown — subject to statutory and shareholder approvals. The company expects pre-sales of approximately Rs 60 billion in FY26, factoring in contributions from the amalgamating companies.

Hubtown Limited, a leading Indian developer of ultra-luxury, premium residential and commercial projects, has announced its financial results for the quarter and half year ended 30 September 2025, reporting strong momentum across its high-end portfolio. Managing Director and Co-Founder Vyomesh Shah said Hubtown delivered solid progress across its luxury residential developments in H1FY26, reinforcing its leadership in Mumbai’s premium housing market. He noted robust demand trends and significant construction milestones, supported by a broader sector outlook that remains highly favourable. A recent Colliers–CII report projects India’s real-estate market to expand nearly twenty-fold from USD 300 billion to USD 5–10 trillion by 2047, signalling substantial long-term growth potential. A key strategic milestone is the proposed amalgamation of the companies executing 25 West, 25 South and 25 Downtown into Hubtown Limited. This integration will add over 5 million sq ft of prime developable area, taking the company’s total development value to more than Rs 1.3 trillion and creating one of Mumbai’s most significant luxury portfolios. Hubtown also plans to strengthen its commercial segment with new office developments in Ghatkopar and Chembur, alongside a strong residential launch pipeline including 25 Estates (weekend villas in the MMR), 25 Vistas (premium residences in Thane), boutique homes at Breach Candy and a large township project in Mulund–Thane. Financial discipline remains central to Hubtown’s strategy. The company has reduced listed-entity debt by around 69 per cent, from a peak of Rs 34 billion to Rs 10.6 billion as of September 2025. Shah said the company remains focused on delivering differentiated offerings, strategic integration and prudent capital management while setting new standards in premium living. Consolidated Financial Highlights Q2FY26 Total income: Rs 2.63 billion, up 89.0 per cent year-on-year Profit before tax: Rs 584.9 million, up 63.84 per cent year-on-year H1FY26 Total income: Rs 4.98 billion, up 87.83 per cent year-on-year Profit before tax: Rs 1.31 billion, up 220.72 per cent year-on-year Operational Highlights Pre-sales value year-to-date, including proposed amalgamating companies: approx. Rs 35.47 billion Outlook Hubtown’s total development value, including the entities proposed for amalgamation, stands at more than Rs 1.3 trillion. Of this, over Rs 450 billion is attributed to ultra-luxury and premium projects — 25 South, 25 West and 25 Downtown — subject to statutory and shareholder approvals. The company expects pre-sales of approximately Rs 60 billion in FY26, factoring in contributions from the amalgamating companies.

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