About The Hubtown

Hubtown, earlier known as Ackruti City Limited, is one of India's top real estate organisations with more than three decades of experience in projects covering the full spectrum of real estate development, including residential, commercial, IT, industrial, and infrastructure. It has vast experience in constructing and developing properties and real estate projects spread across Mumbai, Thane, Pune, Bangalore, and four cities in Gujarat.

Hubtown was founded in 1985, by Vyomesh Mahipatray Shah, also known as Vimal, to dramatically change the nation's real estate landscape, introduce the best residential and commercial spaces, and introduce a premium lifestyle to all. Mr. Shah is the Chairman and Managing Director of Hubtown Limited (formerly Akruti Nirman Ltd.) since December 30, 1996. He has corporate financial management experience in different industries like finance real estate construction, and property development sectors. He was also the director of Akruti City Limited since February 16, 1989. He has also headed as the Chairman of the Slum Redevelopment Association and Secretary and Vice Chairman of the Maharashtra Housing Industry Chamber.

Over the last 40 years, Hubtown has delivered over 14 million square feet of space as part of 45 million square feet of prime real estate across multiple asset classes. Its portfolio spans high-end residential developments, special economic zones (SEZs), bespoke office spaces, and IT parks. Hubtown is present in seven cities in India and has introduced several projects in collaboration with the local government and other real estate initiatives under social infrastructure development projects. Hubtown's relentless social commitment, innovation, integrity, and high-quality construction, functions, and processes have resulted in strong ties with companies such as Canara Bank, TCS, and Angel Broking.

Hubtown has made a mark in India with world-class construction, advanced architecture, rich amenities, affordable housing, and design services. It has delved into almost all kinds of real estate building, constructing, and maintaining, which includes cost-effective luxurious homes, large villas, multi-acre IT parks, planned retail places, and commercial properties, which are well-planned and perfectly placed. Hubtown is the first private developer to build an IT park in Maharashtra. The real estate giant has also completed Maharashtra's first successful private slum regeneration program and also installed Maharashtra's first automated public car parking service.

Years of experience: 33 years