D B Realty’s wholly owned subsidiary -- Vanita Infrastructure has acquired entire equity shares of DB Conglomerate Realty. Post acquisition of the shares by Vanita Infrastructure, DB Conglomerate Realty has become a step down subsidiary of the company. Cost of acquisition is Rs 1 lakh.
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.