Ackruti city renamed as Hubtown, eyes the global market
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Revealed sources’ to www.propertykhazana.com discloses that, Ackruti City has altered its name to Hubtown recently and after the change this Realty Company proposed to expand its section in abroad market. Chairman Hemant Shah of Hubtown Realty Company said that, “By renaming the company, it has made us to reach out to global markets for more profits.” He was in rapid to tell that the company has no tactics to go to the international market for at least two or three years. He further stated that, “they will be focusing on domestic trade, but has a wish to expand the arms in the worldwide markets too.”
According to the sources available with www.propertykhazana.com, the company is been listed in BSE and has about 15 ventures in queue to begin in the New Year. Shah said that, “We have about 15 ventures in the queue to start up with, but these ventures are issued to various clearances.” Company which is in existence in both housing and in commercial spaces has its ventures in Gujarat, Bangalore, and Mumbai and in Pune. When asked that whether Hubtown is searching for a chance in other states ?, Shah said that, “Even if the North is pretty for realty, the demand is high there and we have planned to focus on our present markets which we have in our hands.”
Source: NIMMA BENGALURU
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