D B Realty has acquired entire equity shares of Turf Estate Realty (a WOS of Turf Estate Joint Venture LLP in which the Company already holds 50% stake) from Turf Estate Joint Venture LLP/ its nominees. Post-acquisition of the shares by the Company, Turf Estate Realty shall be a direct Wholly Owned Subsidiary of the Company. The consideration shall be in the form transfer of funds through banking channel.
D B 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.
