D B Realty’s wholly owned subsidiary -- Neelkamal Realtors Tower (NRTPL) has entered into a joint venture with Godrej Properties (GPL) for development of land/ property being all the piece and parcel of land admeasuring 19,434 sq. mtrs. or thereabouts bearing Cadastral Survey No. 1906 of Byculla Division, E-Ward, Mumbai. In this context, NRTPL has executed Deed of Conveyance in favour of Godrej Residency (GRPL) on December 23, 2022 for sale of NRTPL’s Land for a consideration as agreed therein. The project will be developed by GRPL, wherein NRTPL will hold 49.99% and the balance 50.01% will be held by Godrej Properties.
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.
| Company Name | CMP |
|---|---|
| Lodha Developers | 861.30 |
| Dilip Buildcon | 456.05 |
| DLF | 586.90 |
| Oberoi Realty | 1707.65 |
| Ahluwalia Contract(I | 833.95 |
| 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: