DB Realty’s joint venture (JV) - ECC DB JV, in which company holds 74% stake has signed a Term Sheet on January 15, 2018 with Xanadu Development (Development Manager) for the purpose of development management of ‘DB Skypark’ Residential Project situated at Andheri East, near ITC Maratha, Mumbai International Airport.
As per the Term Sheet, the said Development Manager shall be responsible for the financial and general management including construction, development and marketing of the said project. The Development Manager shall be paid fees based on realizations of the Sales Price on terms set out in the Term Sheet. The transaction in the Term Sheet is subject to entering into definitive documentation and due diligence and other conditions.
DB Realty is a real estate development and construction company. The company is engaged in the construction of residential buildings/commercial complexes and activities connected and incidental thereto.
| Company Name | CMP |
|---|---|
| Lodha Developers | 918.75 |
| Dilip Buildcon | 439.60 |
| Oberoi Realty | 1684.30 |
| DLF | 624.30 |
| Ahluwalia Contract(I | 838.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: