D B Realty has acquired entire equity shares of Spacecon Realty (Spacecon), a subsidiary company in which the company/ its nominee already hold 74% stake. Post- acquisition of the shares by the company, Spacecon shall be a wholly owned subsidiary of the company.
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.