DB Realty (Dynamix Balwas Realty) is one of the India's biggest real estate developer based in Mumbai, and is the flagship company of DB Group (DB Group interest lie in hospitality, realty & telecom.) DB Realty Limited is a real estate industry leader that builds residential, commercial and gated community developments. The company’s expanding portfolio consists of 25 projects mostly focusing in and around Mumbai, under various stages of planning and construction. DB Realty's other projects include mass housing and cluster redevelopment projects. It ranked as India's 3rd largest realtor. Few notable projects are India Tower, Orchid Crown and Orchid
Heights amongst various others.
DB Realty’s joint promoters are Vinod Goenka (Dynamix Group) and Shahid Balwa (Balwa Group), whose families have been in the real estate business for more than 25 years and 95 years, respectively. Both, Vinod Goenka and Shahid Balwa entered into a project specific partnership in 1997 and set up DB Realty in 2007 to formally develop all their future projects together. The promoters and promoter group companies have collectively developed nearly 15.9 m sq ft. Some of the key projects developed by the promoters include Gokuldham and Yashodham in Goregaon (East), Orchid City Centre Mall in Mumbai Central, Ascot Centre in Andheri, and Vasant Vihar in Thane.
Financials FY 2010-11
• Book Value per share – Rs 136. • Revenue - Rs. 13,272 • EBITDA - Rs 4,130 million  • EPS - Rs 12.28 • Net Profit - Rs 2,987 million .
Business highlights FY11:
• 3.7 million square feet has been sold (including TDR). • Rs 30,654 million sales value has been achieved (including TDR). • Rs 17,265 million collection realized. • Debt equity ratio reduced to 0.14 and debt stands at Rs 4,656 million .
General AK Vaidya Marg
Mumbai 400 063
Phone : (+91-22)-40778600
Fax : (+91-22)-28415550
URL : www.dbrealty.co.in