Who is owner of DB Realty?

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Who is owner of DB Realty?

Shahid Usman Balwa is the Vice Chairman and Managing Director of DB Realty, one of India’s largestreal estate development companies based out of Mumbai.

Who is salim Balwa?

As per the shareholding pattern as on March 31, Salim Balwa, who is a promoter of DB Realty, had 0.03% stake in the company. Now, he has 97,840 shares, which is equal to 0.04% stake in DB Realty. Sabina Salim Balwa has a total of 19,000 shares which is equal to 0.008% stake of DB Realty.

What does DB Realty do?

It 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. As of December 31, 2009, the company has eleven ongoing projects, aggregating approximately 19.51 million sq.

Where is Shahid Balwa?

Shahid Usman Balwa (born 1974) is an entrepreneur based in Mumbai, Maharashtra, India. He is one of the promoters of Mumbai-based DB Group.

What happened DB Realty?

DB Realty, the group allegedly linked with 2G spectrum scam, has defaulted on repayment of debt and deposits of provident fund, employees’ state insurance and various taxes. Between January 2016 and March 2017, the company has defaulted on loan payments to the tune of Rs 53.85 crore.

Does Real Estate share price?


Historical stock prices
Current Share Price ₹27.55
52 Week High ₹6.17
52 Week Low ₹32.50
Beta 1.61

Who is Shahid Balwa and what does he do?

Shahid Usman Balwa (born January, 1974) is an Indian businessman. He is the co-founder of Mumbai based DB Realty, one of the largest real estate development firms and land owners in the Mumbai Metropolitan Region. His other ventures include DB Hospitality, the hotel arm of the DB Group of companies.

Who is the COO of DB Realty?

Mr. Rajiv Agarwal (COO, DB Realty) has been associated with the company and other promoter group companies for over three decades now. He joined the dynamix group of companies as vice president in 1983 he has worked with the group in various capacities since then.

When was Shahid Balwa acquitted in CBI case?

A Delhi high-court on 29 November 2011 accepted the bail plea of Shahid Balwa and other under-trials. On 21 December 2017, a Supreme Court appointed Special CBI Court acquitted him of all charges relating to his role in this case. His charitable activities are in the field of health and education.

How is Shahid Balwa the youngest billionaire in India?

Forbes billionaire. In 2010, Balwa was the youngest Indian to feature on the Forbes List and is amongst the 10 youngest billionaires in the world. He was ranked by Forbes as India’s 50th richest man in 2010.

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