We have developed an accelerating cosmological model for the present universe which is phantom for the period $ (0 leq z leq 1.99)$ and quintessence phase for $(1.99 leq z leq 2.0315)$. The universe is assumed to be filled with barotropic and dark energy(DE) perfect fluid in which DE interact with matter. For a deceleration parameter(DP) having decelerating-accelerating transition phase of universe, we assume hybrid expansion law for scale factor. The transition red shift for the model is obtained as $z_t = 0.956$. The model satisfies current observational constraints.
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