Keystone Realtors to Launch Luxury Project in Mumbai with Rs 3,000 Crore Potential

Keystone Realtors, known for their Rustomjee brand, is targeting a Rs 4,000 crore sales booking this year. They plan to launch a luxury project in Bandra, Mumbai, with a GDV of Rs 3,000 crore. The company has already seen strong demand and plans further investments in project construction.

Keystone Realtors, a prominent name in the real estate sector under the Rustomjee brand, is setting its sights on tapping into Mumbai's robust housing demand.

The company plans to launch a high-end residential project at Bandstand, Bandra, next month with a gross development value of approximately Rs 3,000 crore. Chairman Boman Irani expressed confidence in achieving Rs 4,000 crore in sales bookings this fiscal year.

With a 40% increase in sales, the firm is optimistic about the strong buyer interest in Mumbai, driven by economic growth and favorable loan rates.

(With inputs from agencies.)