MoneyWorks4Me

Hubtown reports fire incident at registered office

26 Dec 2011 Evaluate

Hubtown has reported a fire incident that occurred at the registered office of the company in the night of December 23, 2011, causing extensive damage and destruction of records /documents/ equipment/computers etc. of the company.

However, the accounting data is completely safe and the other data on the server are also safe. Further, the company is assessing the extent of damage caused.

Hubtown formerly known as Ackruti City specializes in slum rehabilitation authority schemes and by May 2011, the group had executed various projects, aggregating over 13.80 million square feet.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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