Rustomjee Group & Singapore’s Keppel Land to jointly develop an integrated township in Thane

Mumbai, October 29, 2021: Rustomjee Group, one of the leading real estate developers in Mumbai, and Keppel Land Limited (Keppel Land), a wholly-owned subsidiary of Keppel Corporation Limited, are going to develop an integrated township in Thane, a mature and well-connected district within the Mumbai Metropolitan Region in India.

The upcoming phase in the township is being developed by Kapstone Constructions Private Limited, the joint venture company between Rustomjee Group and Keppel Land. Rustomjee Group and Keppel Land are collaborating on all the residential projects in the township, and working together on areas including master planning, design and development.  

Surrounded by verdant greenery and open spaces, the township is well-located and has easy access to a wide range of retail amenities as well as medical and educational institutions like Smt. Sulochanadevi Singhania School and Podar International School, to name a few. 

Mr. Boman R. Irani, Chairman of the Rustomjee Group, said, “At Rustomjee, we are always looking at delivering the best to our consumers, for which we believe in associating with the best in the business. This association with Keppel Land, is yet another step to build and develop a township that not only redefines living for residents in Thane but also for all Mumbaikars. This association has been an absolute win-win. We are delighted to leverage Keppel Land’s expertise and international experience for what we like to believe will be the ultimate township experience. We look forward to growing  with Keppel Land in India and presenting an experience beyond compare.”

Mr Ho Kiam Kheong, President (India) of Keppel Land, said, “We are excited to collaborate with the Rustomjee Group to co-develop an integrated township in Thane, which is in line with Keppel Land’s strategy to scale up in India. By leveraging Rustomjee’s extensive network and expertise in the local property market, as well as Keppel Land’s international experience and strength in execution, we are confident that we can deliver innovative and multi-faceted urban space solutions that delight and enrich the community.”

Corporate Comm India (CCI Newswire)