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

Keppel Land Limited (Keppel Land), through its wholly-owned subsidiary, has entered into a joint venture with leading Indian developer, Rustomjee Group, to jointly develop the 51.4-hectare Urbania integrated township located in Thane, a mature and well-connected district within the Mumbai Metropolitan Region, India.

This is the first such collaboration between a Singaporean developer and an Indian developer for a township in the Mumbai Metropolitan Region, which is among India’s fastest-growing regions. Since its launch in 2006, the Urbania township has housed 2,700 residential units amid comprehensive amenities.

Keppel Land will be acquiring a 49% stake in the joint venture company, Kapstone Constructions Private Limited, at a consideration of about INR 4,091 million (approximately S$78.2 million ).

Mr Boman Irani, Chairman of the Rustomjee Group, said, “In our endeavour to continue serving the growing housing and commercial developments of the Mumbai Metropolitan Region, we are pleased to partner with Keppel Land, an established premier developer from Singapore with a legacy of over a hundred years and with an international experience in key Asian markets. Our interactions with the Keppel Land team has been a great experience of sharing and learning. We are confident that this joint venture will be a win-win partnership. This is a beginning of two large developers coming together to build a strong partnership in the Mumbai Metropolitian Region market and we look forward to great growth together.”

Upon completion of the acquisition, Keppel Land and Rustomjee Group will jointly develop an addition of about 7,400 homes and retail units with a total gross floor area of approximately five million sf. The development cost for the first phase under the joint venture, which will comprise approximately 460 residential units, is expected to be approximately INR 4,016 million (approximately S$76.8 million1). Completion of the acquisition is subject to the satisfaction of certain conditions precedent and is expected to take place around the first quarter of 2020.

Mr Ho Kiam Kheong, President (India), Keppel Land, said, “Our collaboration with the Rustomjee Group for this maturing integrated township is in line with Keppel Land’s strategy to strengthen our presence in high-growth areas such as the Mumbai Metropolitan Region. The partnership has landed on a rare opportunity of a development of such scale in Mumbai, which is experiencing rapid demand for quality homes.

“We will leverage the Rustomjee Group’s extensive network and deep knowledge of the local property market, as well as Keppel Land’s international experience and strong execution capabilities to develop a highly liveable and vibrant township.”

The above mentioned transaction is not expected to have any material impact on the earnings per share and net tangible assets per share of Keppel Corporation Limited for the current financial year.

An Opportunity For Assured Earnings at Global City, Virar

In a never before offer, Rustomjee has introduced an innovative scheme for those who book a home at their latest tower at Global City, Virar.

Now those who book a one or two BHK home in the upcoming tower will be able to start gaining returns on their investment even before possession while the project is at under-construction stage. Rustomjee will pay homeowners rent till the receipt of Occupancy Certificate for the apartment. The amount of rent is Rs 7,000/- per month for a 1BHK and Rs 10,000/- per month for a 2BHK. The rent back scheme is a win-win for homeowners who are investing in one of the most well-planned and self-sufficient townships in Virar . What’s more the GST applicable on these homes is only 1%. For prospective homebuyers, it just doesn’t get better than this.

According to Mr. Chandresh Mehta, Director, Rustomjee Group, “At Global City Virar we ensure that our homeowners experience the ‘maximum life’. Rustomjee is proud of the township we have created that is thoughtfully constructed keeping in mind the needs and requirements of the residents. The amenities and facilities are world class and provide for people from every walk of life – right from tiny toddlers to senior citizens. Our rent back offer is just another way of Rustomjee giving additional value add to our customers.”

About Global City, Virar (W):

Global City is a 200+ acre self-sufficient township located in the flourishing city of Virar. Every aspect of the township, from living spaces, educational institutes, infrastructure, recreational areas and environmental initiatives is planned and developed to change the way you live, work and play.

Global City is located at just 1.5 km from the station. The 8 kilometers roads within the township are 70 – 100 feet wide. To ensure no scarcity of water; Sewage Treatment Plants (STPs) has been planned within the layout, with a capacity to treat almost 10 million litres per day. The treated water will be used for flushing, gardening and common use.

Amenities include Club One with health club – Gym with hi-tech equipments, yoga, aerobics & dance hall, restaurants , party lawn, 1 double height bar, 3 banquet halls, swimming pools, kids pool, 2 tennis courts, 3 squash court, table tennis room, carom room, billiards room, children activities room, suits & deluxe rooms for stay in facility and basement parking.

A 12 acres amusement park known as the “Yazoo Park” at Global City boasts of more than 35 joy rides, kids and toddles zone, mini amphitheater, musical fountain and a food court.

Rustomjee Cambridge International School is also within the township and has a capacity to accommodate 4000 students. Also, Siddhivinayak temple within the township.

The project has been awarded as the “Most Well Planned Upcoming Project in MIG Category” at PMAY – Empowering India Awards 2019, “Best Urban Development Project” at the 4th GIREM Leadership Awards – 2011 , “Integrated Township of the Year” at the Realty Plus Excellence Awards – 2012 and “CNBC Awaaz Real Estate Awards, Affordable Segment –2013”.

The Green Squad Get Going at Urbania

When Swedish teenage activist Greta Thunberg stood in the United Nations and criticized world leaders about their inaction on doing anything substantial for stemming climate change she set in motion a wave of awareness across the globe. More youngsters of the millennial are realizing that ultimately it is their generation who is going to bear the responsibility of coping with climate change and perhaps by then it may be too late.

At Rustomjee Urbania the young millennials have banded together to do make a difference. As #Urbaniagoesgreen the Green Squad of young environmentalists will work towards making small changes that will have a big impact on the environment. The Green Squad was formed on the 10th of November and there has been a series of events and workshops that have been planned to get them started on their way to be eco-warriors.

They will be guided on how nature works and how they can make a difference by setting an example in their own lives and inspiring others. From nature walks in the Urban Farming sector of Urbania to creating posters advocating ‘going green’ the kids are going to do it all. They will attend workshops that will teach them how to do composting to vegetable waste and also how to live a chemical free life. Their creativity will be brought to the fore with activities Lego Robotics E-vehicles workshop and using scrap to create artworks. There will be a mega event – Kids Day Out 2 on the 30th November but this will not be the culmination but rather the grand beginning for the Urbania Green Squad. They will act today so that in the future no child will have to question the world ‘How Dare You?’

Leon’s World Presents Munshi Premchand’s Eidgah

There was a time when amazing stories were narrated in the Dastangoi style – where the lilt of the sweet tongue of Urdu flowed with all its nuances from the storyteller. Over time this style of storytelling was lost in the annals of history. But since the beginning of this century, the Dastangoi style has been revived and now different languages are being incorporated in the ‘dastaan’ by the ‘dastango’ (narrator) to make them universally appealing.

Leon’s World Centre for Holistic Learning and Development is bringing this age old form of storytelling to the children with Munshi Premchand’s seminal play – Eidgah which is being staged by Grooming Babies.

It is Premchand’s innate knowledge of the human psyche and emotions that comes through in the narrative – the love between the orphan child and his grandmother; the way such a small child is able to rise above bullying and peer pressure; the naïve innocence of a child – these are all heartrendingly presented in the narration of the story. The narration is bilingual and uses Hindi and English interchangeably. This helps in retaining the core essence of the Hindustani dialect while making it universally understandable.

The story is a narrative of a young four-year orphan boy Hamid who lives with his grandmother Amina. His aged grandmother Amina fulfills their daily needs by doing some needle work for others. The story starts on Eid morning, when everyone is getting ready for the festivities. Poor Hamid doesn’t have new clothes or shoes like other children and only has three paise as Idi for the festival, to spend at the fair. His friends spend their pocket money on rides, candies and buying beautiful colorful clay toys. Hamid is sorely tempted to also enjoy himself like the other kids. Will he succumb to temptation? What will Hamid spend his Idi on? Watch the play to find out.

Details at a Glance:

Eidgah – Premchand ki kahani Dastango ki zubani staged By Grooming Babies
Venue: Leon’s World Centre for Holistic Learning & Development,Rustomjee Cambridge International School, Rustomjee Urbania, Majiwada, Thane (W)
Date: 17th November 2019
Time: 11:00 AM to 11:45 AM (45 min)
Ages: 5 to 12 years
Ticket Price: Rs 275 per head
To register, please call: 9819094929 | 9819060920

Spreading Radiance on Sunshine Saturday

Every child is a special ‘gift of God’! Celebrating the presence of special children in our lives, Leon’s World Centre for Holistic Learning and Development had organized a Sunshine Saturday. Dedicated to let every child shine with his or her own brilliance, Sunshine Saturday was planned in such a way that every child got a chance to showcase their skills and talents.

Children who are differently abled are often kept in a protected environment, but more than anything they need to feel and be included in the mainstream community. Sunshine Saturday was just such a platform which made these special children shed any inhibitions they may have and just have fun!

So we had children who were all up for shaking a leg and picking up some new dance moves, while others proved to be exceptional at sports. Grandparents who had accompanied some of the children also got a chance to relive their childhood and participate in games with their grandchildren. And who doesn’t love a good story with a twist in it. Everyone present thoroughly got into the spirit of the day and had a great time interacting with the children.

A grandfather who had attended the event with his grand-daughter said, “I am very pleased to have been a part of this Sunshine Saturday. Leon’s World Centre has done a fantastic job of giving our children such a wonderful platform to shine. We look forward to many more such days where our kids can enjoy themselves and feel so welcome and included.”

Tradition and Fun Merge at Leon’s World

Diwali is celebrated around the country with great pomp and fanfare. Yet, every state and every community has their own discussion easy of celebrating the festival that symbolises the advent of new beginnings, marks the victory of good over evil and seeks the auspicious blessings of the Goddess of Wealth, Laxmi.

The Leon’s World Centre for Holistic Learning and Development at Rustomjee Urbania, Majiwada, Thane (West) also has its own special way to celebrate Diwali – one that is laden with rich cultural connotations and a whole load of fun!

On the 20th of October, many residents and even some non-residents of Rustomjee Urbania gathered together to take part in some pre-Diwali festivities. The staging of the Ramleela is one such tradition that has been passed down generations. The Leon’s World Centre in association with Grooming Babies staged an award winning version of the Ramleela where the lead roles were enacted by puppet characters, much to the audience’s delight. Parents and kids were also drawn into the performance as they helped form the mountain and the Ram Setu. The children especially enjoyed the scenes where Hanuman sets fire to Lanka and when the two armies of Ram and Ravan clash.

Another fun tradition that Leon’s World Centre introduced to the kids and their parents was building a ‘Mud Kila’ or fort. They used mud to construct small forts like the ones that are made in by children in Maharashtra’s hinterland. Typically, kids adorn these forts with mud statues of Shivaji Maharaj and other folk heroes. It was quiet enjoyable to watch parents getting into the spirit of things and getting down and dirty in the mud with their kids as they fashioned their mud forts.

One of the mothers who had come with her son said, “I think my son was more surprised than anything, because usually I’m the one scolding him for playing in the mud and here we are both getting dirty. I don’t remember when was the last time we had so much fun together! I always knew that when we thought of buying a flat in Thane, Rustomjee Urbania was a good real estate investment, but I would never have imagined that living here would give us so many opportunities to bond as a family.”

Thane – One of India’s Most Promising Cities

Thane – a city that was once considered a satellite of Mumbai, with a primarily Maharashtrian population – has grown over the decades to become one of the most sought after residential locations in the Mumbai Metropolitan Region (MMR). It has evolved into a cosmopolitan city with amazing residential projects that are not only perfect for end-users but also make for great real estate investment opportunities. In fact, Thane accounts for almost 20% of all new projects launched in the MMR.

It came as no surprise when FIRST Sm@rt Cities Council and Indicus Analytics listed Thane as one of India’s most promising cities. According them Thane met all the criteria of a ‘promising city’ – Apt location, better connectivity, infrastructure which includes transportation, water, electricity, sewage and greenery, pleasant environment, proximity of excursion spots, scope for employment and educational, medical and entertainment avenues.

In its research report of 2018, Knight-Frank identified Thane and its surrounding areas as a high-interest zone, due to its ‘superbly executed residential developments, commercial establishments and organized infrastructure complemented with the lush green surrounding.’

A City of Aspirations

Thane is not just a ‘city’ it is a place where reality meets aspirations and people who have elected to live here can vouch that selecting a property in Thane was probably one of the smartest decisions of their lives. With availability of large land parcels in, developers are able to plan projects in Thane that come with all the requisite amenities and conveniences that spell ‘aspirational living.’ Reputed developers like the Lodhas, Rustomjee, Hiranandani etc are crafting residential projects that are ‘gated communities’ or ‘self-sufficient townships’ that make them ideal for families. With locations like Majiwada, which also boast of a burgeoning commercial sector and growing demand for professionals, especially in the IT sector, the ‘walk to work’ concept is also coming into its own.

It’s Only Getting Better

Not only is Thane privy to excellent connectivity in the form of a dedicated railway station (access to both harbor and central local train services) and ease of access to every part of the MMR via a network of roads, there are several projects in the anvil which will only serve to greatly benefit commuters. These include the Sea Link connecting Bhayandar with Naigaon which will drastically reduce the time taken to travel from Bhayandar to Naigaon; Mumbai Trans Harbor Link which will stretch from Mumbai to Navi Mumbai, significantly reducing travel time; Construction of Elevated Road along NH 3 which will help decongest the massively populated Thane-Bhiwandi Bypass Road. Other projects that are planned to increase connectivity both within the city and to other parts of the state include the Metro project, Kopri Railway Station and the Mumbai-Nagpur Expressway.

The Thane Municipal Corporation is also dedicated in its plans to make Thane one of the model cities of the country. Towards this end they have devised the ‘Vision 2031 Thane’ which will craft world-class civil and social infrastructure that will greatly benefit the Thane-ites.

Spoilt for Choice

Prospective home buyers looking for flats in Thane will find several options to choose from. Indeed, developers are providing for every variation in home configuration and for every budget. Whether it is a single person, a nuclear family or a joint family, anyone can find their dream home in Thane. Investors can rest assured that property in Thane is a solid investment. For instance, in the case of Majiwada, there has been an appreciation of an average of 20% annually on real estate investment.

Majiwada – The Preferred Location In Thane

Thane is now a well-established city in its own right. The Thane Municipal Corporation has proven itself to be a government body that is committed to the development of Thane, placing it on the map of one of the most desirable residential cities in the country. Thane is considered to be a good real estate investment as well.

Within Thane also certain areas have grown rapidly as residential hubs, notable amongst them are Pokhran Road and Godhbunder Road. However, these have now become saturated with few land parcels available for further projects.

Amongst the emerging areas of Thane, Majiwada features as one of the premium preferred locations which people looking to purchase property in Thane are considering. One does not have to look far to understand the lure of Majiwada. It enjoys the benefits of great connectivity, which is one of the vital points that people looking for a flat in Thane would look for. Majiwada is quite central inn its location – right at the junction of the roads leading to Nashik, Bhiwandi and Western suburbs via Ghodbunder Road. Even during peak hours, the Mulund ‘check naka’ is barely twenty minutes away. Besides, it is a ten minute drive from Thane Station. With excellent public transport by way of buses and auto-rickshaws, there is a lot of ease in the travel from and to Majiwada and within Thane as well.

There is no dearth of entertainment and retail shopping options in Majiwada with the Viviana Mall just a few minutes away. Several other retail establishments, restaurants and cafes have come up in the area. In fact, in such projects like Rustomjee Urbania, Majiwada West, the retail outlets are situated within the self-sufficient township itself fulfilling all the requirements of the residents from groceries to stationary and from medical and healthcare to grooming.

Some of the best hospitals and schools and colleges are also easily accessible from and are close to Majiwada. In fact, Rustomjee Urbania has its own international school and activity center for extracurricular activities for children located within the township as well.

Those purchasing flats in Majiwada, would also have the advantage of not having to travel far for work, or rather even adopting the ‘walk to work’ concept in their lives. With Thane emerging as the preferred destination for corporate India several major business players have set up base here including TCS, Bayer, Cadbury, Raymond, Voltas, GSK, Blue Star and many more.

Recognizing the fact that those who work in Thane and Majiwada in particular are going to seek aspirational lifestyle homes in the area, many reputed builders have planned world class projects in Majiwada, including Lodha, Hiranandani, Piramal and Rustomjee. The projects cater to all budgets and configurations, though 2 BHK flats are most sought after.

Majiwada, with the advantage of connectivity and existing, ongoing and upcoming infrastructure, is expected to witness real estate appreciation in the near future. In fact, a safe estimate can place a 15% year on year increase in real estate prices and a 5 % increment in rental incomes.

Never Before Payment Offer at Rustomjee Urbania

Rustomjee announces a special festive offer for its 2BHK homes in Azziano L and D Towers which are a part of the award winning Rustomjee Urbania township. The apartments which start at Rs 1.09 crore (plus taxes) have a unique payment option which is available on limited inventory. Home buyers which book their home before the 31st of October 2019 can make payment in four easy and relaxed tranches of 25% each year starting from January 2020 (registration) and culminating in January 2023. The possession is expected between January to April 2023.

Other than this amazing payment option (25×4), there is a lot to be said for the Azziano’s D and L towers. They are the tallest towers in Rustomjee Urbania and probably some of the tallest in Thane, Majiwada. The 48 storey towers have 41 habitable floors. The Vaastu compliant homes come in three variants – the flats in the L Wing have 713 sqft of usable area and those in the D Wing have 811sqft usable area and 746sqft usable area.

The L and D Tower residents will also enjoy 32 fabulous amenities at the podium level of Azziano. Specifically planned considering the entertainment and fitness needs of every member of the family, the amenities include the gymnasium, mini golf, indoor play area, alfresco dining, mini theatre, business centre, box cricket, basketball and senior citizen’s relaxation area among others.

Azziano L Wing – Elevation Image

Besides, the residents of the D and L tower will also be privy to all the facilities of the 100+ acre award winning township. These include the international school and retail facilities which cater to all the needs and requirements of the residents in terms of groceries, grooming, fashion, stationary and even medical.

Azziano D Wing – Elevation Image

According to, Mr Percy S. Chowdhry, Director, Rustomjee Group, “Rustomjee Urbania, and the Azziano group of towers in particular, is the perfect example of how we thoughtfully design spaces for families to spend quality time when we plan our projects. The township is already home to 3300 families who enjoy the experience of community life here. Children get the freedom to explore the open green environs and enthusiastically participate in the activities, events and workshops that are planned on a regular basis. The D and L Towers are another testament to quality construction that Rustomjee is renowned for. The festive offer of the 25×4 payment plan has been designed to enable home buyers to plan their finances in a relaxed phase-wise manner.”

About Rustomjee Urbania:

Located in Majiwada, Thane (W), Rustomjee Urbania caters to almost every need of a resident. It is the only township in Thane (W) that has received Pre-Gold Rating from IGBC (Indian Green Building Certificate) and is probably one of the most awarded township projects in India.

Rustomjee Urbania houses the Rustomjee Cambridge International School, a renowned IGCSE school, with facilities that encourage academic, athletic and cultural development of kids, with branches in Dahisar, Virar, and Thane. Our Dahisar School is ranked among the top 10 schools in Maharashtra and top 18 in India. Focusing on a skills-based learning program and with emphasis on creative and practical approach, it features among the top 3 when it comes to highest world toppers and India toppers. Our Thane School houses 78 classrooms, a grand amphitheatre, a library, dance and music rooms, well-equipped laboratories, six large multipurpose halls, and a canteen facility for students and staff members. It’s safe to say that with school this close by; forgotten notebooks are little cause of panic, and PTA meetings, no excuse to skip work.

Rustomjee Urbania also houses ‘Leon’s World Centre for Holistic Learning and Development’ which is a space developed in consultation with experts to provide children a stimulating environment. It caters to different aspects of growth and development. Mentors present at the center guide children in exploring various fields including arts, mathematics and science and language through play way learning methods. The centre regularly hosts the staging of plays, ‘open mic’ and cultural activities to get children to explore their rich heritage and unplug from the gadget syndrome. Rustomjee Urbania has also organized activities such as a Summer Fest, Adventure Carnival, Urban Farm Fest, Football and Chess Tournaments, Quizzes, among other monthly workshops that encourage children and parents to come together and spend quality time.

A sizeable part of the township has green spaces with several trees and a sewage treatment plant which recycles used water for gardening, washing and sanitary purposes. With a view to being environment friendly, systems have been installed to harvest rain water; light reflecting windows help save energy and natural resources.

Mega Savings Festival At Rustomjee Global City Avenue D1

Rustomjee is proud to announce The Mega Saving Festival at Rustomjee Virar Avenue D1. In yet another ‘thoughtful’ move, Rustomjee has taken the initiative to give home buyers the perfect reason to celebrate this festive season.

There will be amazing savings in store for those opting to buy a home at Rustomjee Virar Avenue D1. Home buyers under “Mega Saving Festival” will benefit from guaranteed savings; there are several options to choose from – assured zero maintenance for two years and home insurance covered for the first five years, or home décor, or they can also opt for home utilities – air conditioners, washing machine, refrigerator, microwave and television, or a modular kitchen which are an essential part in any modern home. There is also anoption wherein homes buyers can avail free education for one child per family for the first year at the Rustomjee Cambridge International School. That’s not all – home buyers also stand to gain a referral incentive, every time one of the friends they have recommended books a home and much more.

According to Mr. Chandresh Mehta, Director, Rustomjee Group, “At Rustomjee, we ensure that our home owners experience all the benefits of a self-sufficient township. All needs and requirements right from retail to education and entertainment are taken care of. Now with The Mega Saving Festival, we are carrying that thought further. The home buyer can choose from a plethora of options as per their specified need. We aim to make this festive season a ‘mega’ reason to celebrate for our home buyers.”

Rustomjee Global City Avenue D1 – Elevation Image

About Global City, Virar (W)

Global City is a self-sufficient township located in the flourishing suburbs of Virar. Every aspect of the township, from living spaces, educational institutes, infrastructure, recreational areas and environmental initiatives is planned and developed to change the way you live, work and play.

Global City is located at just 10mins from Virar station. To ensure that residents of Global City live in world class conditions, all forms of basic infrastructure has been planned and is being executed, including roads that are 70 meter wider, water & power supply, 3 sewerage treatment plants that will allow recycling of water etc.

Amenities include 2.35 Lac Sq.ft Constructed Clubhouse which has – Gymnasium, yoga & meditation zone, banquet hall, double height bar, swimming pool, kid’s pool, chess & carrom room, tennis court, basket ball court, football court, squash court, badminton court, billiards room, kids play zone, food court, guest suites, 37000 sq.ft basement parking

A fully operational 12 acres amusement park known as the “Yazoo Park” at Global City boasts of more than 35 joy rides, kids and toddles zone, mini amphitheater, musical fountain and a food court.

The mega-township also has the Rustomjee Cambridge International School in its premises. The purpose behind this is to ensure that students seeking quality education will no longer need to relocate or look for other options outside the city. They now have a reputed school offering international curriculum right at their doorstep.

The project has been awarded the “Most Well Planned Upcoming Project in MIG Category” at PMAY – Empowering India Awards 2019, the Best Residential Project (Affordable Segment) at the CNBC Awaaz Real Estate Awards 2013 the “Integrated Township of the Year” at the Realty Plus Excellence Awards – 2012 and the “Best Urban Development Project” at the 4th GIREM Leadership Awards – 2011.

To know more about Rustomjee Global City, please visit: