Hubtown Ltd Acquires 11,000 Sqm TDR for Slum Rehabilitation Project in Mumbai

Hubtown Ltd has acquired Transferable Development Rights (TDR) of 11,000 square meters from the Maharashtra Industrial Development Corporation (MIDC) and MCGM (Municipal Corporation of Greater Mumbai) as part consideration of its ongoing slum rehabilitation project in Andheri (E), Mumbai. The company, established in 1989, is known for its timely deliveries, customer relations, and modern infrastructure, and has become a formidable force in the country's growing real estate market. The TDR acquisition is a significant move for the company's slum rehabilitation project.