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Journalism of Courage
After changing its name Ackruti City to Hubtown,the real estate company plans to spread its wings in overseas market.
“The change in the name has given us an advantage to reach out to international markets,” Hubtown Chairman Hemant Shah said here.
He,however,was quick to add that the company has no plans to go global at least in the next two-three years.
“We will be concentrating on our domestic business. But we want to spread our wings in international markets as well,” Shah maintained.
The BSE-listed realtor has around 15 projects lined up for launch in the next year.
“We have around 15 projects lined up for launch. But these launches are subject to various clearances,” he said.
The company,which is present in both residential as well as commercial spaces,has its projects in Gujarat,Pune,Mumbai and Bangalore.
Asked whether Hubtown is looking at opportunities in other states,Shah replied in the negative. “Though the North is attractive for real estate as the demand there is high,we plan to concentrate on our current markets.”
