DB Realty Sells Real Gem Buildtech Stake for INR 231.42 Crore

08 Nov 2023 CW Team

The sale of 100% stake in Real Gem Buildtech exemplifies DB Realty's commitment to streamlining its assets and maximizing returns for stakeholders. Real Gem Buildtech, a subsidiary of DB Realty, primarily engaged in the development of real estate projects, has now become entirely independent of the parent company.

The transaction, conducted through a share purchase agreement, ensures that DB Realty no longer holds any interest in Real Gem Buildtech. This divestment is expected to generate substantial proceeds for DB Realty as it endeavors to bolster its financial position and enhance shareholder value.

DB Realty, renowned for its expertise in the real estate sector, has a strong track record of delivering high-quality projects across various segments. The company's decision to offload its stake in Real Gem Buildtech is aligned with its long-term vision of consolidating resources and focusing on its core operations.

DB Realty's core operations encompass the development and construction of residential, commercial, and retail properties. By divesting its stake in Real Gem Buildtech, the company aims to channel its resources into these key areas and further bolster its market presence.

Moreover, this strategic move allows DB Realty to optimize its investment portfolio and allocate resources to projects that offer significant growth potential. With a renewed focus on its core operations, DB Realty is poised to capitalize on the vast opportunities presented in the Indian real estate market.

The sale of Real Gem Buildtech's stake is anticipated to have a positive impact on the overall financial performance of DB Realty. The proceeds from this divestment will be utilized to reduce debt, fund existing projects, and explore new avenues for expansion.

In conclusion, DB Realty's decision to divest its 100% stake in Real Gem Buildtech for approximately INR 231.42 crore underscores the company's commitment to optimizing its investment portfolio and strengthening its core operations. This strategic move positions DB Realty to capitalize on the burgeoning opportunities in the Indian real estate segment and generate enhanced value for its stakeholders.

Leading real estate developer DB Realty has recently announced the sale of its entire stake in Real Gem Buildtech for a reported sum of approximately INR 231.42 crore. This move is seen as part of DB Realty's strategic divestment plan to optimize its investment portfolio and focus on core operations. The sale of 100% stake in Real Gem Buildtech exemplifies DB Realty's commitment to streamlining its assets and maximizing returns for stakeholders. Real Gem Buildtech, a subsidiary of DB Realty, primarily engaged in the development of real estate projects, has now become entirely independent of the parent company. The transaction, conducted through a share purchase agreement, ensures that DB Realty no longer holds any interest in Real Gem Buildtech. This divestment is expected to generate substantial proceeds for DB Realty as it endeavors to bolster its financial position and enhance shareholder value. DB Realty, renowned for its expertise in the real estate sector, has a strong track record of delivering high-quality projects across various segments. The company's decision to offload its stake in Real Gem Buildtech is aligned with its long-term vision of consolidating resources and focusing on its core operations. DB Realty's core operations encompass the development and construction of residential, commercial, and retail properties. By divesting its stake in Real Gem Buildtech, the company aims to channel its resources into these key areas and further bolster its market presence. Moreover, this strategic move allows DB Realty to optimize its investment portfolio and allocate resources to projects that offer significant growth potential. With a renewed focus on its core operations, DB Realty is poised to capitalize on the vast opportunities presented in the Indian real estate market. The sale of Real Gem Buildtech's stake is anticipated to have a positive impact on the overall financial performance of DB Realty. The proceeds from this divestment will be utilized to reduce debt, fund existing projects, and explore new avenues for expansion. In conclusion, DB Realty's decision to divest its 100% stake in Real Gem Buildtech for approximately INR 231.42 crore underscores the company's commitment to optimizing its investment portfolio and strengthening its core operations. This strategic move positions DB Realty to capitalize on the burgeoning opportunities in the Indian real estate segment and generate enhanced value for its stakeholders.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Infrastructure Energy

12 Dec 2025

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Infrastructure Energy

12 Dec 2025

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..