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Hubtown to foray into affordable housing segment

19 May 2017 Evaluate

Hubtown is planning to foray into the orbit of affordable housing by launching economical residential projects in Mumbai. The company is developing projects in seven Indian cities spanning from premium residential and commercial spaces to IT parks and special economic zones (SEZs).

By launching low-cost projects, the company is planning to cater to the community of middle class and first-time home buyers. The primary highlight of these projects is to lend a fillip to the sphere of affordable housing space, catering to the buyer's requirements and desires of investing in cost-effective homes in central, well-connected locations in Mumbai. Through this initiative, the Company hopes to establish a blueprint for development within the affordable asset class by offering contemporary housing mingled with the quotient of affordability.

 

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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