7 Nov 2023 , 12:43 PM
Keystone Realtors, through its 100% owned subsidiary Kingmaker Developers, has entered into a share purchase agreement to acquire 100% equity shares and all preference shares from the existing shareholders of Real Gem BuildTech, which is the developer for the ‘Rustomjee Crown’ project located in Prabhadevi, Mumbai.
Kingmaker Developers has been serving as the development manager for the ‘Rustomjee Crown’ project since March 2018.
The proposed acquisition by Kingmaker Developers is subject to the completion of customary conditions precedent. Keystone Realtors is a prominent real estate developer primarily engaged in real estate construction, development, and related activities in India.
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