Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Keystone Realtors has informed that the Company has entered into a Deed of Conveyance for acquisition of land admeasuring ~88 Acres, having bhumapan kramank and upvibhag 177/1, situated at Kasara, Thane, Maharashtra. The total consideration is Rs. 91 crore which will be payable in a staggered manner up to February 2026 from the date of execution of the Deed of Conveyance. This acquisition marks the foray of Rustomjee brand into the Plotted Development. Plotted development is a strategic move for Rustomjee, driven by the increasing demand for second homes among individuals seeking a peaceful retreat from city life. The copy of the press release is also attached.
The above information is a part of company’s filings submitted to BSE.
