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DB Realty to develop a 29 storey residential tower in BKC

03 Jul 2015 Evaluate

Real estate firm DB Realty will develop a 29 storey residential tower in the suburban Mumbai in the Bandra Kurla Complex (BKC). In this regard, MIG (Bandra) Realtors & Builders, a wholly-owned subsidiary of DB Realty, has undertaken development of land spread across 20,150 sq mt in the BKC.

The company had in October 2010 entered into an agreement with MIG Cooperative Housing Society for the development of the land. DB Realty has so far invested Rs. 340 crore in the project, which is expected to have a built up area of over 2.6 million sq ft.

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.

Peers
Company Name CMP
Lodha Developers 1005.00
Prestige EstatesProj 1433.00
Dilip Buildcon 390.30
DLF 670.00
Oberoi Realty 1614.65
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