Friday, September 30, 2011: 02:59:19 PM

TJCD Company Review

DB Realty – The next level

While the growth trajectory of the company is based on facts and figures, its legacy stems out from a strong repute of excellence

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Founded in the year 2007, DB Realty Limited is one of the leading real estate developers in India. The company has attained a name for itself for giving a new definition to luxury apartments in Mumbai. It has launched aesthetically prominent residential apartments with breathtaking views to fulfil customer choices. A wide gamut of duplexes and premium condominiums across North and South Mumbai forms part of their residential portfolio.

 
For the development of the projects, the company collaborates with best-in-class contractors and proficient architects. With the aid of robust in-house project management and execution process teams, they guarantee quality, competency and timely execution of projects.
 
The company has developed a distinguished and unswerving track record of innovation, growth and customer satisfaction. It promises to remain as India’s premier and chosen real estate developer across all market sections through innovative significant developments worldwide. This, in turn, will maximise the value-benefit of its clients, shareholders, business associates, employees and communities.
 
Location
 
DB Realty Limited is based in Mumbai.
 
Line of Business
 
The company offers construction services in residential, commercial and gated community developments. It offers financial consulting to customers – providing info and assisting them in choosing the appropriate loan trends and schemes.
 
Founder
 
The founders of DB Realty Limited are Vinod Goenka and Shahid Balwa.
 
Core Principles
 
The company follows certain guiding principles to achieve the numero uno position in the real estate sector. They are committed to excellence, integrity and fairness, innovation and sustainability. Adherence to these factors at all times has ensured success for the company.
 
Projects
 
DB Realty Limited is presently working on 25 projects and awaiting several forthcoming ones spanning across residential and commercial sectors. The expanding portfolio of the company includes 70 million sq ft of prime property, which is competently designed by 15,000 experts and supervised by over 500 renowned executives. Majority of the projects are based in Mumbai and its surrounding regions and are in different stages of planning and construction. The company collaborates with well-known contractors like Larsen & Tubro, Man Infrastructure, master architect Hafeez Contractor and global bigwigs Skidmore, Owings and Merrill LLC while working on projects.
 
Some of major ongoing projects are Orchid Turf View, Orchid Crown, Orchid Heights, Orchid Woods, Orchid Ozone, Orchid Suburbia and Mahul Mass Housing Project.
 
Awards and Recognition
 
At the British Safety Council Awards, 2010, two constructions, Orchid Crown and Prabhadevi featured in the Merit section. This award speaks of the company’s commitment to safety, well-being and health of the employees.
 
Corporate Social Responsibility
 
The company believes there a strong bond exists between its growth and the well-being of the society. So it has launched a program “Vision Mumbai” to deal with Mumbai’s urbanisation challenges from a different perspective. It is based on a three-point sustainability strategy – urban renewal, philanthropy and community engagement. It is also coming up with a superbly landscape promenade along the Bandra-Worli sea link on the Bandra side.
 
Profitability
 
The company’s net profit stood at Rs 2.5 crore in 2010-11.
 
Turnover
 
Not disclosed.

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