Rustomjee Group forays into plotted development, announces a 1.5 million sq ft project in Kasara near Mumbai | Hindustan Times
Keystone Realtors Limited, also known as Rustomjee Group, on July 11 announced its foray into the plotted development segment. It said that the company has acquired a 88-acre land parcel for ₹91 crore in Kasara near the famous hill station Igatpuri, which is about a three hour drive from Mumbai.
The Kasara project will comprise around 500 plots of different sizes totaling approximately 1.5 million sq ft. “The total consideration for the land purchase is ₹91 crore. The company has already paid ₹1 crore and would be paying the remaining ₹90 crores in a staggered manner over the next two years.
