Nm Gattu

NM Gattu, the CFO of DB Realty confirmed to CNBC-TV18 that it is now ready to terminate the agreement and return money to the buyers with cancellation fee of 9 percent per annum.

Govt nod to rural hsg scheme to help ind reach far & wide: Pros

The Cabinet on Wednesday approved implementation of the rural housing scheme of Pradhan Mantri Awaas Yojana – Gramin. Under the scheme, financial assistance is provided for construction of pucca house to all houseless and households living in dilapidated houses.

See Rs 3500-cr topline from Bandra East project: DB Realty

NM Gattu, CFO, DB Realty expects to complete the project in 39 months and hopes to see realisation of Rs 32,000 per sq ft (initial launch price), going up to Rs 40,000 per sq ft by the time the project is completed in 2018

Premium hike on FSI may throw TDR mkt into a spin: Industry

The Maharashtra government has announced a premium for additional floor space index (FSI) availed by developers for construction. Gulam Zia of Knight Frank, Pujit Aggarwal of Orbit Corporation and NM Gattu of DB Realty discuss on the implications of the move.

High FSI to double co's absolute profit on land: DB Realty

Real estate companies in Mumbai get a boost as the BMC proposes a new 20-year development plan and recommends a substantial increase in FSI to a maximum of 8.

Eyeing Rs 7000 cr revenue from Mahalaxmi project: DB Realty

The Bombay High Court on Wednesday directed the Mumbai Municipal to process the Mahalaxmi project of DB Realty. Following the news, the DB Realty stock zoomed almost 18 percent.