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.

Real Estate

16 Dec 2025

Godrej Properties Logs Rs 26 Bn Sales in First Year in Hyderabad

Godrej Properties has reported housing sales worth over Rs 26 billion in its first year of operations in Hyderabad, underscoring a strong market entry and prompting the company to accelerate expansion plans in the city. The developer sees significant long-term growth potential in Hyderabad, driven by sustained demand for premium and luxury residential properties.The company entered the Hyderabad housing market in January this year with the launch of its first residential project at Kokapet. This was followed by a second project launch during the July–September quarter. Together, these two de..

Infrastructure Transport

16 Dec 2025

Mahindra Unveils COMPAX Mini Compactor at EXCON 2025

Mahindra’s Construction Equipment business (MCE) recently unveiled the Mahindra COMPAX mini compactor for the road construction industry at the CII-organised EXCON exhibition held at BIEC, Bengaluru. Alongside the new launch, the company showcased its advanced CEV-V range of machines, featuring improved comfort, higher productivity and enhanced performance aimed at improving customer earnings.Speaking at the event, Dr Venkat Srinivas, Business Head – Mahindra Truck, Bus and Construction Equipment, and Executive Director & CEO – SML Mahindra Ltd, said Mahindra’s commercial vehicles ..

Real Estate

16 Dec 2025

Puravankara Arm Secures Rs 5.09 Bn Bengaluru Luxury Project LoA

Puravankara has announced that its wholly owned subsidiary, Starworth Infrastructure & Construction (SICL), has received a Letter of Acceptance (LoA) valued at Rs 5.09 billion for a large-scale luxury residential project in Bengaluru. The contract reinforces the group’s construction portfolio and underlines its continued presence in the city’s premium housing segment.The LoA has been awarded by One Bangalore Luxury Projects LLP and pertains to the execution of Varnam Phase 1 of the One Bangalore Luxury Project, located in Devanahalli in Bengaluru Rural District. The scope of work inclu..