Incorporated on Jan. 8, 2007, DB Realty, is a leading realty player in the Mumbai metropolitan region. The company has been jointly promoted by Vinod K Goenka and Shahid U Balwa, whose families have been in the real estate and allied businesses since the past 25 and 95 years, respectively. DB's interests span largely across residential, mass housing and cluster redevelopment, but predominantly in and around Mumbai. As of Aug. 31, 2009, the promoters and promoter group companies had collectively developed approximately 15.9 mn sq ft, including 15.3mn sq ft of residential developable area, 0.4mn sq ft of commercial and retail developable area and 0.3mn sq ft of hospitality developable area.
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