Hubtown
Est. 1989 · Mumbai, Maharashtra · Listed (NSE / BSE) · Mumbai & MMR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Hubtown?
Formerly Akruti City; legacy leverage slowed a once-large portfolio, with revival attempts ongoing.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
We have published one overall judgement for Hubtown rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: 52% of towers delivered within 6 months of committed date.
At a glance
Hubtown in Numbers
Hubtown is a listed (NSE / BSE) developer founded in 1989, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 2.6/5 overall — high-risk — which ranks 200th of the 212 developers we profile and ahead of 6% of them.
Benchmarking
How Hubtown Compares
Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.
| Rating | Hubtown | Mumbai & MMR average | Better than |
|---|---|---|---|
| Construction quality | 2.5/5 | 3.5/5 | 5% of developers |
| Delivery record | 2.4/5 | 3.3/5 | 6% of developers |
| Customer satisfaction | 2.4/5 | 3.3/5 | 6% of developers |
| Financial strength | 2.3/5 | 3.3/5 | 6% of developers |
| Trust | 2.6/5 | 3.5/5 | 6% of developers |
Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.
Buyer guidance
Should You Buy a Hubtown Project?
Hubtown carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Its latest annual report — debt, cash flow and pre-sales — since Hubtown is listed.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Wait for tower-specific OC; the equity story and the buyer story are different risks.
Portfolio
Notable Projects
Key Hubtown projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Hubtown: FAQs
Is Hubtown a good builder? ＋
We rate Hubtown 2.6/5 overall — high-risk. Wait for tower-specific OC; the equity story and the buyer story are different risks.
Is Hubtown a listed company? ＋
Yes. Hubtown is listed on the NSE / BSE, so it publishes audited financial results.
Does Hubtown deliver on time? ＋
Hubtown has delivered 52% of its towers within six months of the committed date, and we rate its delivery record 2.4/5.
How many projects has Hubtown completed? ＋
Hubtown has not published a completed-project count that we could verify.