Keppel Land and Rustomjee Group to co-develop integrated township in Thane

Keppel Land, through its wholly-owned subsidiary, has entered into a JV with Rustomjee Group to jointly develop the 51.4-hectare Urbania integrated township located in Thane. This is the first such collaboration between a Singaporean developer and an Indian developer for a township in the MMR. Keppel Land will be acquiring a 49-per-cent stake in the JV company, Kapstone Constructions, at a consideration of about Rs.4,091 mn.

Contact: Shekhar Lele, Head of Marketing, Rustomjee Group.

Address: 702 Natraj, MV Road Junction, Western Express Highway, Andheri (E) Mumbai-400 069.

Tel: 022-6676 6888. 

E-mail: shekharlele@rustomjee.com

Website: www.rustomjee.com