Keystone Realtors Ltd., operating under the 'Rustomjee' brand, reported record pre-sales of INR 1,068 crore in Q1 FY26, a 75% annual increase. Customer collections also rose 19% to INR 575 crore. The Mumbai-based firm launched three new projects with a saleable area of 0.91 million sq ft and INR 4,000 crore GDV. It also secured three new housing society redevelopment projects in the June quarter, expected to generate INR 7,727 crore revenue from 3.25 million sq ft of saleable area.
Keystone Realtors Ltd., a real estate firm, recently reported record property sales and increased collections. For the first quarter of the current fiscal year, the company, operating in the Mumbai Metropolitan Region (MMR), saw its sales figures rise, driven by high demand for properties and successful customer engagement.
The company, which sells properties under the 'Rustomjee' brand, clocked pre-sales of INR 1,068 crore in the first quarter of 2025-26. This represents a 75% annual increase compared to INR 611 crore in the corresponding period of the preceding year.
Keystone Realtors stated this marks their "best ever Q1 pre-sales." Collections from customers also rose 19% to INR 575 crore from INR 485 crore. During the first quarter, Keystone Realtors launched three new projects with a saleable area of 0.91 million square feet.
These projects have an estimated Gross Development Value (GDV) of INR 4,000 crore. In new business development, the company secured three new housing societies redevelopment projects during the June quarter. These redevelopment projects are expected to generate revenue of INR 7,727 crore and have a combined saleable area of 3.25 million square feet.
Keystone Realtors is a real estate developer in the country with a significant presence in the Mumbai Metropolitan Region property market. Strong pre-sales figures and the acquisition of new redevelopment projects indicate a developer's growth trajectory and market confidence, especially in a competitive market like Mumbai.
Source- PTI
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