Dear Friends,
The stable political conditions in the country have fuelled the factors that will lead
to growth and business outlook is turning bright and hopeful. The dark clouds of doubt are
melting away in the background and being replaced by the sunshine of hope. All this bodes
well for the future of our economy in general and your Company in particular.
Decreasing inflation has added joy to investors and people alike. The Reserve Bank of
India has also been sending out positive signals by softening interest rates to ensure
that the flow of funds keeps rolling and economic growthis fuelled.
All these positive indices and signs have ensured that there is assured growth in real
estate sector that many had perceived as having plateaued. There is a silver lining
developing all over and it would be safe to exclaim that happy days are visible again.
One spectacular indication has been our retail Non-Convertible Debenture issue pan
India lastyearand its glorious success. Itwasa bold step that we had taken and once again,
D. S. Kulkarni Developers Limited proved that it has tremendous goodwill and foresight.
The mega success of our back to back housing exhibitions in Pune "Aadhi Ghar Paise
Nantar" and "Aadhi Ghar Paise Nantar Returns", followed by "Aadhi Ghar
Paise Nantar" in Mumbai amply proved what I have said earlier.
The golden lining on the horizon is the fact that construction is in full swing at our
biggest and most prestigious project DSK Dream City. Let me state clearly that we are
coming doser to realising the dream that we have all dreamt together.
Patience, my shareholders business associates and members of the DSK Group and family,
is the key to success and we have been eagerly waiting to taste the succulently delicious
fruits of our hard work. We are now certain that all of us, together shall cherish those
moments of sweat and toil that have brought us this far and will take us to newer horizons
in the days to come.
DS Kulkarni
Chairman & Managing Director.
D S Kulkarni Developers Limited.