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Akruti City

Founded 1985 · 41 years in real estate

Akruti City Limited is the former name of what is now Hubtown Limited, a Mumbai-headquartered real estate development company founded in 1985 by Vyomesh Mahipatray Shah (Vimal Shah). The company was incorporated as Akruti Nirman Ltd., rebranded to Akruti City Limited, and subsequently renamed Hubtown Limited. It is listed on the BSE. Hubtown operates across residential, commercial, IT parks, Special Economic Zones (SEZs), industrial, and infrastructure real estate segments. It has delivered over 14 million sq. ft. of development and has 45+ projects covering over 45 million sq. ft. under development — primarily in the Mumbai Metropolitan Region. It has a presence in seven cities: Mumbai, Thane, Pune, Bangalore, and four cities in Gujarat. Hubtown was the first private developer to successfully build an IT park in Maharashtra. Commercial landmarks include Ackruti Star (awarded Construction World's Best Commercial Property, India West), Ackruti Centre Point, Akruti Trade Center, and Hubtown Solaris in Andheri East. Residential projects include Hubtown Seasons, Hubtown Skybay (Breach Candy), and Hubtown Celeste (Worli). The company is headquartered at hubtown.co.in.

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Founded 1985

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Questions about Akruti City

Where does Akruti City (now Hubtown) operate?
Hubtown (formerly Akruti City) operates in seven Indian cities: Mumbai, Thane, Pune, Bangalore, Ahmedabad, Vadodara, and Surat. The company's primary focus is the Mumbai Metropolitan Region.
When was Akruti City founded?
The company was founded in 1985 by Vyomesh Mahipatray Shah in Mumbai, originally incorporated as Akruti Nirman Ltd., later becoming Akruti City Limited, and now operating as Hubtown Limited.
What kind of projects does Akruti City (Hubtown) build?
Hubtown (formerly Akruti City) develops residential apartments, commercial office buildings, IT parks, Special Economic Zones (SEZs), and industrial spaces. It was the first private developer to build an IT park in Maharashtra.
What are some notable projects by Akruti City (Hubtown)?
Notable projects include Ackruti Star (Andheri East, awarded Best Commercial Property), Ackruti Centre Point, Akruti Trade Center, Hubtown Solaris (Andheri), Hubtown Skybay (Breach Candy), Hubtown Celeste (Worli), and Hubtown Seasons.
Is Akruti City still active under that name?
No. The company rebranded from Akruti City Limited to Hubtown Limited and now operates all projects under the Hubtown brand. Its official website is hubtown.co.in.

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