Business Update11 Jul 2024, 03:05 pm
Keystone Realtors Ltd Acquires 88-Acre Land in Thane, Maharashtra for Rs. 91 Crore
AI Summary
Keystone Realtors Ltd has announced the acquisition of an 88-acre land in Kasara, Thane, Maharashtra, for a total consideration of Rs. 91 crore. This acquisition marks the company's entry into the plotted development sector. The land acquisition is a strategic move driven by the increasing demand for second homes. The consideration will be paid in a staggered manner up to February 2026.
Key Highlights
- Keystone Realtors Ltd acquires 88-acre land in Thane, Maharashtra
- Total consideration is Rs. 91 crore
- Acquisition marks entry into plotted development sector
- Consideration to be paid in staggered manner up to February 2026