India, June 30 -- Mumbai-based Keystone Realtors, which operates under the Rustomjee brand, has acquired 8,800 sq m of fungible floor space index (FSI) from Parth Construction for Rs.143.45 crore to enhance the development potential of its redevelopment project in Versova, Andheri West, as per documents accessed by CRE Matrix.The FSI has been transferred from Parth Construction's Slum Rehabilitation Authority (SRA) project in Village Majas, Jogeshwari East, and will be clubbed with Keystone's Versova project in accordance with the Development Control and Promotion Regulations (DCPR), 2034, the documents showed.

The transaction, registered on June 17, 2026, also includes 24 car parking spaces, with Keystone paying Rs.8.61 crore in stamp d...