Hubtown Advances Mumbai Footprint: Occupation Certificate Received for Premium Residential Project

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Hubtown Ltd’s subsidiary, Joynest Premises Pvt Ltd, has obtained the occupation certificate (OC) for its residential project “Hubtown Seasons – Czarnowo,” located in Chembur East, Mumbai. With over 82% units sold and two wings already certified, the project advances ahead of schedule, contributing significantly to Hubtown’s luxury residential portfolio.

Hubtown Limited announced that its wholly-owned subsidiary, Joynest Premises Private Limited, has secured the occupation certificate for the “Hubtown Seasons – Czarnowo” residential project situated in Chembur East, Mumbai. The project constitutes an important milestone towards the timely delivery of premium housing in a rapidly developing locality.

Project Details and Progress

The “Hubtown Seasons – Czarnowo” project comprises six wings (A to F), delivering modern luxury residences with a total carpet area of 54,000 sq. ft. Two wings have received OCs, with four more wings targeted for certification by FY26.

Sales Performance

The project has achieved over 82% sales for the units in the certified wings, indicating strong market demand and robust customer interest in the Mumbai luxury housing segment.

Construction and Development

Along with the OC, connected infrastructure and amenities are in place, ensuring residents’ comfort and convenience. Construction on remaining phases continues as per schedule.

Hubtown’s Market Strategy

This development is aligned with Hubtown’s broader vision of enhancing its luxury residential portfolio while capitalizing on emerging growth corridors around Mumbai.

Future Plans

The company plans to launch an additional wing (Wing G) within FY26 to meet rising residential demand, and continues investments in premium projects across the Mumbai metropolitan region.

Notable Updates

The certification and sales success bolster Hubtown’s position in Mumbai’s competitive real estate market.

The company maintains a strong pipeline of residential and commercial projects, focusing on quality and client satisfaction.

Hubtown’s strategic initiatives complement its corporate restructuring and merger plans aimed at consolidating luxury assets and attracting investments.

Sources: Findoc, ProjectsToday, Moneyworks4me, NSE India

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