Hubtown Limited — Regulatory Filings 2025

Nov 12, 2025

==> picture [468 x 54] intentionally omitted <==

November 12, 2025

To, BSE Limited National Stock Exchange of India Limited The Corporate Relations Department, The Listing Department, 1[st] Floor, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai - 400 001, Bandra (East), Mumbai – 400 051, Maharashtra, India Maharashtra, India Scrip Code: 532799 Symbol: HUBTOWN

Sub: Investor Presentation

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation the Company.

Kindly take the same on record.

Thanking You

For and on behalf of

Hubtown Limited

Shivil Kapoor Digitally signed by Shivil Kapoor DN: c=IN, o=Personal, title=8199, pseudonym=122838f66b074d4eb8e2197183a76326, 2.5.4.20=b6c070d9decbe8b863d9f49eca102614d8e265ca0ba979136021d93850f15cfe, postalCode=452010, st=Madhya Pradesh, serialNumber=6afa6af25e9d505d6a82ca6a633c67c10d3248bb6506ab4dfa9e96737f5f7015, cn=Shivil Kapoor Date: 2025.11.12 18:38:42 +05'30' Shivil Kapoor Company Secretary & Compliance Officer Membership No.: F11865

==> picture [196 x 23] intentionally omitted <==

==> picture [383 x 273] intentionally omitted <==

----- Start of picture text -----

25 South
----- End of picture text -----

HUBTOWN LIMITED

INVESTOR PRESENTATION

November 2025

Disclaimer

==> picture [55 x 18] intentionally omitted <==

1. This document is intended solely for general informational purposes about Hubtown Limited (hereinafter “the Company” or “HTL”) and does not constitute an offer, solicitation, recommendation, or contract to purchase, sell, or subscribe to any securities, real estate, or assets of the Company or its affiliates. No part of this document or the information contained herein should be construed as legal, tax, investment, accounting or any other advice.

2. This document may contain certain “forward-looking statements” within the meaning of applicable securities laws and regulations relating to HTL, including with respect to its properties, developments and investment strategies of the Company. Forward-looking statements involve expectations, estimates, projections, beliefs, future plans and strategies, anticipated market trends, and other statements regarding matters that are not historical facts but have been made on the basis of certain assumptions which may or may not turn out to be accurate or valid. Typically these forward-looking statements are identifiable by words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “potential,” “project,” “seek,” “should,” “will,” “would,” “continue,” “future,” “opportunity,” “outlook,” “path to,” “positioned,” “conviction,” and similar expressions or their negatives, or by discussions of strategy, plans, or intentions. These statements are based on the Company’s current beliefs, assumptions, and expectations that may turn out to be inaccurate or be affected by various other factors. The information contained in this document is subject to numerous risks, uncertainties, and factors many of which are outside the Company’s control that could cause actual results to differ materially from those expressed or implied in any statements contained herein. These risks include, but are not limited to, market conditions, tenant demand, interest rates, regulatory changes, construction timelines, availability of financing, and general economic factors. Past performance is not indicative of future results. All forward-looking statements are made as of the date of this document and speak only as of that date. The Company does not undertake any obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.

3. Risks and uncertainties may include, but are not limited to: changes in market conditions, pricing and competition, ability to manage growth, costs, success in attracting and retaining key customers and professionals, government regulations, tax changes, economic and monetary conditions, litigation, currency fluctuations, reliability of external data sources, supply chain issues, input cost variations, new or changed trade priorities, and adverse political, economic or climatic developments.

4. The Company, its directors, agents, representatives, employees, or affiliates shall not be liable for any loss or damage arising from any reliance on the contents of this documents, including for inaccuracies, omissions or subsequent changes.

5. The Company undertakes no obligation to update, revise, publish, amend, or notify users of this document for any changes, corrections, or inaccuracies, whether resulting from new information, future events, changes in accounting policies, reporting standards, or otherwise. Figures, projections, and operational data provided herein are not audited and are intended only for directional understanding; such information should not be used for making any investment, financial, or transaction decisions.

6. Users of this document are strictly prohibited from copying, sharing, disseminating, or publishing any part of the document, in whole or part, without explicit written permission from the Company. Neither this document or any part thereof may be provided or otherwise made available to persons who are not residents of India. This document is not intended for access by any person or entity who is not ordinarily resident in India. Reliance on any information herein is at the sole risk of the user.

7. By accessing and reviewing this document, recipients acknowledge and accept all the foregoing limitations and restrictions.

2

==> picture [55 x 18] intentionally omitted <==

==> picture [27 x 27] intentionally omitted <==

----- Start of picture text -----

1
----- End of picture text -----

Company Overview

2 Key Growth Drivers

3 Key Strengths

4 Project Portfolio

5 Operational & Financial Performance

3

4

==> picture [55 x 18] intentionally omitted <==

==> picture [720 x 62] intentionally omitted <==

----- Start of picture text -----

Company Overview Who are we
----- End of picture text -----

Hubtown Limited: At a Glance

==> picture [55 x 18] intentionally omitted <==

Key Projects

==> picture [36 x 35] intentionally omitted <==

35+ Years of Legacy

Established in 1989 , listed on the NSE and BSE in 2007

==> picture [36 x 35] intentionally omitted <==

Diversified Presence

Segments: Residential, Commercial and Infrastructure

Regions: Mumbai, Thane, MMR (Main); Gujarat and Pune (Small)

==> picture [36 x 37] intentionally omitted <==

High Potential Land Bank

23.1 mn sq ft launch ready

==> picture [36 x 36] intentionally omitted <==

Delivered 47 projects

12.6 msf completed projects

• 1.4 msf completed area in ongoing projects

9 msf rehabilitation area

==> picture [36 x 36] intentionally omitted <==

360° Delivery Capabilities

In-house capabilities in land procurement, approvals, project execution and sales

==> picture [36 x 36] intentionally omitted <==

Prime Land Bank

In MMR Region

Hubtown Seasons (Chembur)

Hubtown Rising City (Ghatkopar)

25 Estates (Khalapur)

25 Downtown (Mahalaxmi)

25 South (Prabhadevi)

25 West (Bandra)

5

Pioneer in Diverse Real Estate Developments

==> picture [55 x 18] intentionally omitted <==

Slum Rehabilitation

Amongst Pioneer in PPP project for Slum Rehabilitation by MIDC (Andheri)

==> picture [154 x 36] intentionally omitted <==

----- Start of picture text -----

Private Slum
Rehabilitation
----- End of picture text -----

Amongst Pioneer in Private Slum Rehabilitation project in Maharashtra completed in Dharavi by Hubtown (Akruti Laxmi)

==> picture [154 x 36] intentionally omitted <==

----- Start of picture text -----

Municipal
Corporation PPP
----- End of picture text -----

Amongst Pioneer in PPP project by Municipal Corporation of Greater Mumbai (Hubtown Skybay)

==> picture [154 x 36] intentionally omitted <==

----- Start of picture text -----

PPP by Maharashtra
Government
----- End of picture text -----

Amongst Pioneer in real estate PPP project by PWD, Govt. of Maharashtra (Rising city project, Ghatkopar)

==> picture [153 x 36] intentionally omitted <==

----- Start of picture text -----

Urban Renewal
Scheme
----- End of picture text -----

Amongst Pioneer in project under urban renewal scheme in Mumbai (Tulsiwadi)

==> picture [154 x 36] intentionally omitted <==

----- Start of picture text -----

Textile Park
----- End of picture text -----

Amongst Pioneer in PPP project for development of an integrated textile park (Asmeeta Texpa, Bhiwandi)

==> picture [154 x 36] intentionally omitted <==

----- Start of picture text -----

PPP with Gujarat
Government
----- End of picture text -----

Amongst Pioneer in PPP project with GSRTC (Gujarat Govt.) for redevelopment of bus stations

Affordable Housing

Amongst Pioneer in project of Affordable Housing with 320 sq ft carpet area 2BHK apartments (Palmrose, Andheri)

6

Business Segments

==> picture [657 x 36] intentionally omitted <==

----- Start of picture text -----

Presence Across Multiple Segments
----- End of picture text -----

==> picture [208 x 152] intentionally omitted <==

==> picture [208 x 152] intentionally omitted <==

==> picture [208 x 152] intentionally omitted <==

• Industrial /

• Residential Commercial / Office Infrastructure

• • Constructed 30+ residential projects • Constructed 10+ office space projects • Constructed industrial & infrastructure across Mumbai and Pune projects across Mumbai and Gujarat

• • Includes luxury to affordable housing • •

• projects across various locations in Includes Built-to-suit spaces for large Includes bus terminals, factory & Mumbai and Pune MNCs and corporates mixed-use buildings

• Includes luxury to affordable housing projects across various locations in Mumbai and Pune

• Includes Built-to-suit spaces for large MNCs and corporates

7

8

==> picture [55 x 18] intentionally omitted <==

==> picture [720 x 62] intentionally omitted <==

----- Start of picture text -----

Key Growth Drivers
Where are we Heading
----- End of picture text -----

Key Factors Fueling Expansion

==> picture [214 x 108] intentionally omitted <==

----- Start of picture text -----

1. High-Potential Portfolio
----- End of picture text -----

==> picture [213 x 77] intentionally omitted <==

==> picture [214 x 107] intentionally omitted <==

----- Start of picture text -----

3. Disciplined Approach
for Improving Balance Sheet
----- End of picture text -----

Develop Existing Land Bank

Focused on Development of

• Ultra Luxury / Premium Projects

• Second Homes

• Plotted Development

• Villas

• Commercial Projects

==> picture [100 x 11] intentionally omitted <==

----- Start of picture text -----

Ongoing merger
----- End of picture text -----**

A Continuous Approach to Debt Reduction

==> picture [274 x 162] intentionally omitted <==

----- Start of picture text -----

Hubtown Ltd 3 Promoter Group
Projects
25 25 25
West South Downtown
Bandra Prabhadevi Mahalaxmi
Development Value Developable Area
INR 450+ Bn 5.0+ msf
----- End of picture text -----*

Ongoing - Strategic Debt Reduction

==> picture [223 x 140] intentionally omitted <==

----- Start of picture text -----

INR Bn
34.3
10.6
(69%)
Mar'17 Sep'25
Clear strategy in place for further
debt reduction
----- End of picture text -----

Note: does not include debt of the entities proposed to be merged, does not include contingent liabilities

• *25% of 25 Downtown Realty Limited is already owned by Listed Entity ** Mergers shall be by way of Two Separate Schemes

9

25 West

01

==> picture [55 x 18] intentionally omitted <==

High-Potential Portfolio

Artistic impression

10

Focus on Ultra Luxury / Premium Residential Segment

We currently possess one of the largest land holdings in Mumbai, particularly in South Mumbai, featuring one of the highest saleable square footages with the potential to develop ultra-luxury projects

==> picture [352 x 31] intentionally omitted <==

----- Start of picture text -----

Ongoing Luxury Projects
----- End of picture text -----

Upcoming Luxury Projects

==> picture [107 x 110] intentionally omitted <==

----- Start of picture text -----

25 South
----- End of picture text -----

==> picture [106 x 118] intentionally omitted <==

----- Start of picture text -----

25 West
----- End of picture text -----

==> picture [109 x 110] intentionally omitted <==

----- Start of picture text -----

25 Downtown
----- End of picture text -----

Seasons Phase-2

==> picture [132 x 105] intentionally omitted <==

----- Start of picture text -----

25 Estates
----- End of picture text -----

Breach Candy

25 Vistas

11

02

==> picture [55 x 18] intentionally omitted <==

25 South

Merger of Promoter Group Entities

==> picture [76 x 8] intentionally omitted <==

----- Start of picture text -----

Artistic impression
----- End of picture text -----

12

Merger Summary

==> picture [55 x 18] intentionally omitted <==

• The group consists of various projects under listed entity "Hubtown Limited", and 3 major projects i.e., 25 West, 25 South, 25 Downtown held under Promoters entities:

• 25 West Realty Private Limited: entity developing the Bandra (W) project

• 25 South Realty Limited: entity developing the Prabhadevi project

• 25 Downtown Realty Limited: 75% of the entity developing the Mahalaxmi Project*

• Announced Merger of 25 West Realty Pvt. Ltd. with Hubtown Ltd.

• To integrate the 25 West project into the company, in accordance with the scheme of arrangement dated 30[th] June 2025

• Announced Merger of Nitant Real Estate Pvt. Ltd., Amazia Developers Pvt. Ltd. and Distinctive Realty Pvt. Ltd.

• For the proposed merger of 25 South and 25 Downtown projects into the Hubtown Ltd. as per the scheme of arrangement dated 26[th] August 2025

• Total Development value INR 450+Bn**

• Combined developable area being added into the listed entity is 5.0+ Mn sq ft

• Announcements of mergers have been made, and are awaiting regulatory approvals

• Unlisted entities are planned to be merged into the listed entity on receipt of statutory approvals

• Merger valuations of the three companies are being computed by reputed third party agencies

• The groups combined entity will be used to conduct all its real estate activities going forward

• The indicative value of the shares of Hubtown Ltd. issued to the aforesaid three transferor Companies is approx. INR 900/per 1 equity share of face value of INR 10/- each

*25% of 25 Downtown Realty Ltd. is already owned by the Listed Entity

13

**Mergers shall be by way of two separate schemes

Merger – Resultant Expansion

Before Merger

Post Merger

	Total Development Value INR 850 Bn	Total Development Value INR 850 Bn	INR 1,300+ Bn +450 Bn 35.0+ msf +5 msf
	Real Estate Holdings ~30.0 msf Debt Position INR 10.6 Bn
		Debt Position INR 10.6 Bn	INR 37.3 Bn +INR 26.7 Bn

14

Snapshot of Major Entities Being Merged

==> picture [55 x 18] intentionally omitted <==

==> picture [213 x 36] intentionally omitted <==

----- Start of picture text -----

25 West Realty Private Limited
----- End of picture text -----

==> picture [213 x 133] intentionally omitted <==

==> picture [215 x 36] intentionally omitted <==

----- Start of picture text -----

25 South Realty Limited
----- End of picture text -----

==> picture [215 x 133] intentionally omitted <==

==> picture [214 x 37] intentionally omitted <==

----- Start of picture text -----

25 Downtown Realty Limited
----- End of picture text -----

==> picture [214 x 133] intentionally omitted <==

• Project Location: Mount Mary, Bandra (W)

• Sale Area: 600k sq ft

• Completion Timeline: June 2030

• Project Status: Construction commenced, sales commenced

• Development Value: INR ~60 Bn

• Project Location: Prabhadevi

• Sale Area: 1 mn sq ft

• Completion Timeline: Dec 2026

• Project Status: Advanced stage of construction, 85% sold out

• Development Value: INR ~65 Bn

• Sales Achieved Till Date: INR ~55 Bn

• Project Location: Mahalakshmi

• Sale Area: 3.6 mn sq ft

• Completion Timeline: Dec 2034

• Project Status: Construction commenced, sales commenced

• Development Value: INR ~380 Bn

• Sales Achieved Till Date: INR ~50 Bn

• Sales Achieved Till Date: INR ~6 Bn

• Funded by: Oaktree Capital / Indiabulls

• Project Funded by: Oaktree Capital

• Funded by: NHP Realty, Woodstock Realty

15

25 West

==> picture [55 x 18] intentionally omitted <==

03 Disciplined Approach for Improving Balance Sheet

Artistic impression

16

Listed Company Debt Overview

==> picture [55 x 18] intentionally omitted <==

(INR Mn)

Sr No.	Lender	Facility Availed	~o/s Sep 2025	Increase/Decrease
	As of 2017
1	Banks	9,140	0	-100%
2	NBFCs / Domestic Funds	8,085	0	-100%
3	HNIs / Private	1,642	643	-61%
4	Foreign Funds	4,546	0	-100%
	Post 2021
5	NBFCs / Domestic Funds	11,052	9,957	-10%
	TOTAL	34,467	10,600	-69%

• The principal creditors as on date (out of INR ~10 Bn): NBFC: ~INR 6.0 Bn and Special Window Fund: ~INR 2.0 Bn are currently the largest creditors

• Does not include contingent liability of INR 4.8 Bn

17

Private Company's Debt Overview

==> picture [55 x 18] intentionally omitted <==

(INR Mn)

Sr. No.	Lender	Facility Availed	~o/s Sep 2025	Increase/Decrease
1	25 South (Institution / Fund)	25,914	18,223	-30%
2	25 Downtown (Fund)	8,426	8,426	0%
	TOTAL	34,340	26,649	-22%

• There is no debt currently on 25 West , whereas the debt on 25 South and 25 Downtown is with Fund / Institution

• The 25 South and 25 Downtown projects are expected to generate enough surplus to pay off aforesaid debt

18

19

==> picture [55 x 18] intentionally omitted <==

==> picture [720 x 62] intentionally omitted <==

----- Start of picture text -----

What will facilitate our success
Key Strengths
----- End of picture text -----

Competitive Strengths & Differentiators

==> picture [55 x 18] intentionally omitted <==

Exceptional Land Bank

Deep Knowledge

• Experienced in complex projects across various aspects in Mumbai

• Our land bank has been acquired through years of patience and deep local expertise

• Each project reflects our strategic understanding of micro-markets

• Achieved success in some of the complex projects in Mumbai

• Consistently demonstrated our ability to use this knowledge to increase buildable area across all our projects

Flexible Business Model

Track Record

• Flexible & adaptable in project development

• We work with partners under various models, including:

• Development Management and Equity Partnerships

• Delivered varied types of projects in Mumbai, including:

o Freehold Land Development

• Slum Rehabilitation Authority (SRA)

• Redevelopment Projects

• Experience and knowledge to construct all kinds of real estate products, ranging from High-Rise Buildings to Commercial Projects

• Public-Private Partnership (PPP) Projects

• Our portfolio spans a wide range of verticals, including Residential and Commercial

20

Driven by Experienced Promoters

==> picture [66 x 67] intentionally omitted <==

==> picture [67 x 67] intentionally omitted <==

==> picture [67 x 67] intentionally omitted <==

==> picture [67 x 67] intentionally omitted <==

Mr. Khilen Shah

Mr. Vyomesh Shah Mr. Rushank Shah MD & Co-Founder

Mr. Hemant Shah Chairman & Co-Founder

• A chartered • Graduate from the accountant with 40+ University of Illinois - years of experience Urbana Champagne

• • Oversees finance, in BSc, and MsRED from Columbia

• compliance, University

• A civil engineer with 45+ years of industry experience

  • Graduated in BSc from the Stern School of Business, New York University and MBA from London Business School

• Oversees finance, compliance, approvals and legal functions

• Extensive expertise in project execution and engineering design

• Leads sales, marketing, and business

• Has led end-to-end delivery of large-scale infrastructure projects

• Leads fundraising, finance and legal functions of the company

• development functions

==> picture [50 x 69] intentionally omitted <==

==> picture [50 x 69] intentionally omitted <==

==> picture [55 x 18] intentionally omitted <==

==> picture [66 x 67] intentionally omitted <==

==> picture [85 x 8] intentionally omitted <==

----- Start of picture text -----

Mr. Kushal Shah
----- End of picture text -----

• BBA Graduate from Mumbai University

• Leads project development and execution activities

==> picture [50 x 69] intentionally omitted <==

21

22

==> picture [55 x 18] intentionally omitted <==

==> picture [720 x 62] intentionally omitted <==

----- Start of picture text -----

Project Portfolio
----- End of picture text -----

25 Downtown

==> picture [55 x 18] intentionally omitted <==

Ongoing Projects

Artistic impression

23

25 South, Prabhadevi

==> picture [287 x 298] intentionally omitted <==

==> picture [55 x 18] intentionally omitted <==

Landmark project at prime location between the Siddhivinayak temple and Prabhadevi beach

• 5.5 acres freehold land, with 3 towers of 57 storey each

Comprises of large apartments, with average size of ~3,500 sq ft (carpet area)

• 1 mn sq ft- 90%+ sold | 1 Tower handed over and remaining 2 towers under construction

First project under the "25 Residences" brand

Project completion timeline - December 2026 | Funded by Oaktree Capital / Indiabulls

24

25 West, Mount Mary, Bandra (W)

==> picture [55 x 18] intentionally omitted <==

==> picture [297 x 327] intentionally omitted <==

----- Start of picture text -----

Artistic impression
----- End of picture text -----

Large project in Bandra (W), located between the Mount Mary church and Sea Link

Comprises of 4 Towers with ~600,000 sq ft development

• 1 Tower launched (~185,000 sq ft), with ~50% sold till date

• 1 Tower under construction and 3 planned for commencement in FY26 / 27

Provides large amenity spaces, rare for Bandra (W)

Project completion timeline - December 2030 | Total land is 4.5 acres, including 3.5 acres SRA and 1 acre society redevelopment

25

25 Downtown, Mahalaxmi

==> picture [55 x 18] intentionally omitted <==

==> picture [297 x 327] intentionally omitted <==

----- Start of picture text -----

Artistic impression
----- End of picture text -----

Large scale project in South Mumbai, Golden Triangle area in terms of revenue and area under development

Total development of ~3.6 mn sq ft across 5 residential towers and a proposed commercial tower

Project is part of an urban renewal scheme , including rehabilitation, building housing and amenities for the Govt. Launched 3 residential towers out of 5, with ~ 50%+ inventory sold out Recently Launched 4th residential tower with ~ 33% inventory sold upon launch

26

Hubtown Seasons, Chembur

==> picture [55 x 18] intentionally omitted <==

==> picture [281 x 297] intentionally omitted <==

A 10-acre land development in Chembur

• 1 mn sq ft development across 11 Towers, 6 launched, 3 completed and further 3 targeted for completion FY26

Excellent connectivity to Eastern Expressway, Chembur Station, BKC and South Mumbai’s CBD

Forest themed development , with 5 acres of open space and 25+ lifestyle amenities

PPP with Govt. of Maharashtra, including ~1.7 mn sq ft to be built free-of-cost for government housing

Project completion timeline - December 2028

27

Hubtown Rising City, Ghatkopar

==> picture [55 x 18] intentionally omitted <==

==> picture [296 x 327] intentionally omitted <==

----- Start of picture text -----

Artistic impression
----- End of picture text -----

Phase 1 – part of the larger project development on 5-acres of land comprising of 1-3 BHK apartments

• 6 Towers comprising ~650k sq ft, ~75% inventory sold

• 2 Towers OC received ; remaining towers targeted for completion by FY26

PPP with Govt. of Maharashtra , including ~1 mn sq ft to be constructed free-of-cost for government housing

Strategically located between Eastern Express Highway and Ghatkopar–Mankhurd Link Road

Offers 40+ lifestyle amenities | Funded by SWAMIH Fund

28

Hubtown Premiere, Andheri (W)

==> picture [55 x 18] intentionally omitted <==

==> picture [281 x 297] intentionally omitted <==

A 5.5- Acre land parcel in Andheri (W), adjacent to Kokilaben Ambani Hospital on J.P. Road

• ~500k sq ft development across 5 towers ; 4 towers launched with ~98% sold

Construction of 2 towers and retail completed; remaining 2 towers targeted for completion by December 2026

Large podium with 25+ amenities for residents

PPP with Govt. of Maharashtra, including ~500k sq ft to be developed free-of-cost for government housing

• 4 Towers completion timeline - December 2026 | Funded by Edelweiss

29

4x Gujarat Projects

==> picture [262 x 135] intentionally omitted <==

----- Start of picture text -----

Ahmedabad Mehsana
----- End of picture text -----

==> picture [143 x 128] intentionally omitted <==

==> picture [138 x 124] intentionally omitted <==

==> picture [55 x 9] intentionally omitted <==

----- Start of picture text -----

Vadodara
----- End of picture text -----

Surat

==> picture [55 x 18] intentionally omitted <==

Acquired under PPP tender from GSRTC (Govt. of Gujarat)

All 4 projects have commercial and retail spaces starting from ~INR 2 Mn

Vadodara and Surat projects are completed. Surat is 100% sold, Vadodara is 50% sold

Ahmedabad and Mehsana projects are partially sold

Phase II of Ahmedabad and Mehsana targeted for completion by December 2026

All 4 projects are Debt Free

30

27 West, Balewadi – Pune

==> picture [55 x 18] intentionally omitted <==

==> picture [299 x 327] intentionally omitted <==

----- Start of picture text -----

Artistic impression
----- End of picture text -----

A 2.5-acre land parcel with prominent 300+ ft frontage on Mumbai– Pune Highway

• ~390k sq ft saleable area; projected topline ~INR 6.0 Bn

Executed by local partner, Sanas Group on Development Management basis

Hubtown retains land ownership and is entitled to all project surplus

Project completion timeline - December 2027 | Funded by Private Lender

31

==> picture [55 x 18] intentionally omitted <==

Major Upcoming Projects

Artistic impression

32

25 Estates: Weekend Homes, MMR

==> picture [55 x 18] intentionally omitted <==

==> picture [319 x 259] intentionally omitted <==

==> picture [352 x 300] intentionally omitted <==

----- Start of picture text -----

~175 acre land parcel with further aggregation under
process. Located in the Western Ghats
Extremely low density development, having ~160 villas with
less than one house per acre, pricing from INR 25 Cr
Exclusive profiled community; no rentals or short terms
stays
Currently in planning stage; total project timeline ~5 years
Completed homes with the option of finished interiors
(plug and play)
----- End of picture text -----

33

25 Vistas, Thane

==> picture [55 x 18] intentionally omitted <==

==> picture [692 x 300] intentionally omitted <==

----- Start of picture text -----

~7-acre land parcel in Thane’s premium residential belt,
between Upvan Lake and Yeoor Hills
Development potential of ~1 mn sq ft
Applied for approvals, LOI /plan approvals received
Estimated Project timeline ~5 years
Artistic impression
Apartments designed with private lift lobbies, and
mesmerizing lake-forest views
----- End of picture text -----

34

Breach Candy - Residential (Erstwhile Mahalaxmi carpark)

==> picture [55 x 18] intentionally omitted <==

==> picture [319 x 259] intentionally omitted <==

----- Start of picture text -----

Site location
----- End of picture text -----

Boutique residential development in Breach Candy on Bhulabhai Desai Road with panoramic 270° sea views

Part of a PPP with MCGM; offering ~40,000 sq ft free-sale area Planned spacious ~3,000 sq ft luxury residences Currently in planning stage; launch targeted in FY27

35

Ghatkopar - Commercial

==> picture [319 x 259] intentionally omitted <==

----- Start of picture text -----

Artistic impression
----- End of picture text -----

==> picture [55 x 18] intentionally omitted <==

Commercial office park, part of the larger Rising City project, the commercial office park

Planned multiple buildings with flexible office spaces for enterprises of all sizes

Currently in planning stage; targeted launch in FY27

Excellent connectivity with quick access to major transport networks and airports, complemented by a full amenity ecosystem

36

Sunstream City, Mulund-Thane

==> picture [55 x 18] intentionally omitted <==

~150 acres of freehold land spread over Mulund and Thane Planned gated township with walk-to-work urban design ~30 mn sq ft development potential, balanced between residential and commercial Prime location with ~5-minute walk to Thane Station and Eastern Express Highway Artistic impression Approvals secured; construction yet to commence | Hubtown holds 42% stake in the project

37

Other Upcoming Projects

==> picture [171 x 114] intentionally omitted <==

==> picture [171 x 114] intentionally omitted <==

Plotted Developments

Hubtown Serene, BKC

• ~300,000 sq ft premium office development, located between BKC and Western Express Highway

• Planned launch of plotted development schemes in MMR region

• Focus on Karjat-KhopoliKhalapur belt, where land banks are already held

• Currently in planning stage, part of SRA scheme

==> picture [170 x 114] intentionally omitted <==

Andheri - Affordable Housing

• ~100,000 sq ft affordable housing project under a larger SRA scheme

• To be developed through JV/partnership structure

• All key approvals in place

==> picture [55 x 18] intentionally omitted <==

==> picture [170 x 114] intentionally omitted <==

Biotech Park, Vadodara

• Holds 122-acre land parcel in Savli, Vadodara,

• Planned development of a biotech park

• In partnership with the GIDC and state govt.

38

39 39

==> picture [55 x 18] intentionally omitted <==

==> picture [720 x 67] intentionally omitted <==

----- Start of picture text -----

Operational & Financial
Performance
----- End of picture text -----

Q2 & H1 FY26 Highlights

==> picture [55 x 18] intentionally omitted <==

==> picture [700 x 149] intentionally omitted <==

----- Start of picture text -----

Total Income (INR Cr) PBT (INR Cr) & PBT Margin (%) PAT (INR Cr) & PAT Margin (%)
20.9% 12.0% 13.3% 22.8%
25.6% 22.2% 15.4% 26.2%
498.3
130.7
113.7
263.3 265.3
58.5
139.3 35.7 40.7 29.2 31.7 * 35.2
Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 Q2 FY25 Q2 FY26 H1 FY25 H1 FY26
----- End of picture text -----

*After providing for deferred tax of INR 24.09 Crore in Q2 FY26

Outlook

• Total development value of INR 130,000+ Crore of the company along with the proposed amalgamating companies. This includes INR 45,000+ Crore from ultra luxury / premium projects, i.e., 25 South, 25 West and 25 Downtown, taking into account the proposed amalgamation. (subject to approval from statutory authorities and by the shareholders)

• The company expects pre-sales of approx. INR 6,000 Crore in FY26, taking into account the expected pre-sales of proposed amalgamating companies

40

==> picture [720 x 335] intentionally omitted <==

----- Start of picture text -----

Thank You
----- End of picture text -----

==> picture [67 x 21] intentionally omitted <==

QUERIES:

investorcell@hubtown.co.in

==> picture [46 x 42] intentionally omitted <==

Investor Relations Agency: Ernst & Young LLP | www.ey.com vikash.verma1@in.ey.com abhishek.bhatt3@in.ey.com