Neelkamal Realtors and Towers, a subsidiary of DB Realty is developing a project known as ‘DB Orchid Heights’, near Jacob Circle, Mahalaxmi, Mumbai. The company’s project has received approval from the Government of Maharashtra for development of 3.0 FSI under DC Regulation 33 (7), from the earlier 2.5 FSI.
The increase in FSI offers substantial positive develop lent for the company. The project offers substantial revenue potential for the Company. The project is one of the large projects of the company and the approval represents a significant positive event for the company.
DB Realty is a real estate development company that focuses on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment, in and around Mumbai.
