Over next 3-4 years, plan to reduce debt to zero: Hubtown promoterHubtown focuses on debt reduction and land monetization. The company aims for zero debt in the coming years. It will leverage prime land ho...
17 Dec, 2024, 01.23 PM IST
Govt-backed SWAMIH Fund invests in Hubtown’s project in Mumbai’s GhatkoparSWAMIH I invested in Hubtown's Rising City project near Eastern Express Highway, benefiting homebuyers amidst regulatory issues, as part of...
01 Apr, 2024, 09.53 PM IST
Twenty-Five Downtown Realty raised Rs 250 cr from OaktreeIt raised the money amid an ongoing dispute with DLF and Shapoorji group, which alleged that a Hubtown-linked entity connived with Omkara A...
21 Mar, 2024, 09.44 PM IST
Devvrat Developers buys 5 sea-facing luxury apartments in Mumbai’s Prabhadevi for Rs 113 crThe transaction includes a duplex on the 45th and 46th habitable floor and four spacious apartments on the 45th floor measuring a built-up ...
06 Dec, 2022, 07.16 PM IST
NCLT rejects GVFL plea against HubtownThe ruling is expected to impact several such investment structures entered into by developers and financiers. GVFL had filed four petition...
20 Dec, 2021, 07.22 AM IST
Edelweiss invests Rs 355 crore in Hubtown’s two residential projects in MumbaiHubtown Seasons is spread over a 10-acre land parcel and is a public-private partnership (PPP) project with the government of Maharashtra. ...
24 Sep, 2021, 09.04 AM IST
Reliance Ind’s joint CFO buys two sea-facing apartments in Mumbai’s Prabhadevi for Rs 40 crShrikanth Venkatachari has bought the two apartments, spread over 6,685 sq ft in the '25 South' tower, along with his wife. The apartments ...
22 Jun, 2021, 09.50 AM IST
Oaktree Capital invests Rs 425 cr in Hubtown-Rising Straits’ Prabhadevi projectPart of the funds raised through this transaction will be utilised to complete the project and partly to retire the existing debt facility ...
07 Jan, 2021, 11.08 PM IST
Court grants bail to Hubtown MD Vyomesh ShahThey were arrested by the state CID on Monday evening in connection with an alleged financial fraud in a state-government-controlled compan...
13 Feb, 2016, 03.49 AM IST
Mumbai court remands Hubtown MD and three others to police custody until February 12Arrests were made in connection with the alleged financial fraud in a state-government-controlled company Lok Shahir Annabhau Sathe Develop...
10 Feb, 2016, 05.50 AM IST
Hubtown delays redemption of debentures worth Rs 100 croreRealty firm Hubtown Ltd said it has delayed the redemption of debentures worth Rs 100 crore due to liquidity crunch.
16 Dec, 2015, 11.17 PM IST
Offshore investors cannot seek legal recourse for assured return investments, says Bombay HCThe court has refused relief to Dutch govt-backed financial institution FMO against realty developer Hubtown in a suit for recovery of Rs 5...
04 Jun, 2015, 06.38 AM IST
Realty stocks take a hit on Hubtown, HDIL downgradesHDIL, however, has not accepted the downgrade as has asked CARE to review and restore the rating while reiterating its strong performance.
21 Mar, 2013, 09.39 AM IST
Hubtown may exit Prabhadevi project, may get Rs 450 crore from the dealAfter C Sivasankaran's exited a realty project at Prabhadevi in central Mumbai, developer Hubtown, that owns 50% in it, is looking to do th...
30 Oct, 2012, 06.46 AM IST
- NRI tycoon C Sivasankaran sells Prabhadevi mill stake, pockets Rs 450 crore
NRI tycoon C Sivasankaran has sold his 50% stake in the 5.3-acre Hindoostan Mills opposite Siddhivinayak Temple at Prabhadevi for almost Rs...
28 Jul, 2012, 07.18 AM IST
- Hubtown launches 20-80 payment scheme at 2 residential projects in Mumbai
Listed developer Hubtown, erstwhile Ackruti City, has launched a 20-80 payment scheme at two of its residential projects in Mumbai.
05 Jun, 2012, 04.44 PM IST
- DLF & partner sell Pune IT SEZ to Blackstone for Rs 810 cr
Realty giant DLF today announced that the company and its partner has sold an IT SEZ in Pune to private equity firm Blackstone for Rs 810 c...
28 Dec, 2011, 08.42 PM IST