Keystone Realtors Reports Record FY26 Pre-Sales

10 Apr 2026 CW Team

Collections also reached a record high of Rs 8.53 bn in Q4FY26, up from Rs 7.47 bn in Q4FY25, registering 14 per cent year-on-year growth. For FY26, collections rose to Rs 26.21 bn from Rs 23.27 bn in FY25, showing a 13 per cent increase.

During Q4FY26, the company launched two projects with a saleable area of 0.69 mn sq ft and an estimated gross development value (GDV) of Rs 39.78 bn. These included Bandstand Cama at Bandra West and Rustomjee Vista Bay at Sewri. In FY26, Keystone Realtors launched seven projects with an estimated GDV of Rs 98.13 bn, compared to Rs 50.19 bn in FY25, recording 96 per cent year-on-year growth. The company achieved 140 per cent of its full-year launch guidance of Rs 70 bn.

On the business development front, the company added one project in Q4FY26 with a saleable area of 0.84 mn sq ft and an estimated GDV of Rs 17.72 bn at Andheri East. Across FY26, it added five projects with a total saleable area of 4.32 mn sq ft and an estimated GDV of Rs 104.20 bn, compared to Rs 47.83 bn in FY25, marking a 118 per cent increase. The added projects include GTB Nagar at Sion, Lokhandwala Cluster at Andheri West, Swarganga CHSL at Dindoshi Nagar Cluster in Goregaon East, The Homestead CHSL at Lokhandwala Cluster, and Om Nagar CHSFL at Andheri East. All of these are redevelopment projects. The company achieved 174 per cent of its full-year business development guidance of Rs 60 bn.

Keystone Realtors completed three projects in Q4FY26 with a construction area of 0.25 mn sq ft. For the full year, it completed six projects with a total area of 2.23 mn sq ft.

In addition to ICRA’s credit rating of A+ with Stable Outlook, India Ratings assigned the company a credit rating of A+ with Positive Outlook.

Commenting on the performance, Boman Irani, CMD, Keystone Realtors, said the company delivered a strong FY26 across pre-sales, collections, business development and new launches, while continuing to strengthen its position in Mumbai’s redevelopment market.

Keystone Realtors reported its highest-ever pre-sales of Rs 13.46 bn in Q4FY26, compared to Rs 8.54 bn in Q4FY25, marking a 58 per cent year-on-year increase. For the full year FY26, pre-sales stood at Rs 40.22 bn against Rs 30.28 bn in FY25, reflecting a 33 per cent rise and meeting the company’s full-year guidance.Collections also reached a record high of Rs 8.53 bn in Q4FY26, up from Rs 7.47 bn in Q4FY25, registering 14 per cent year-on-year growth. For FY26, collections rose to Rs 26.21 bn from Rs 23.27 bn in FY25, showing a 13 per cent increase.During Q4FY26, the company launched two projects with a saleable area of 0.69 mn sq ft and an estimated gross development value (GDV) of Rs 39.78 bn. These included Bandstand Cama at Bandra West and Rustomjee Vista Bay at Sewri. In FY26, Keystone Realtors launched seven projects with an estimated GDV of Rs 98.13 bn, compared to Rs 50.19 bn in FY25, recording 96 per cent year-on-year growth. The company achieved 140 per cent of its full-year launch guidance of Rs 70 bn.On the business development front, the company added one project in Q4FY26 with a saleable area of 0.84 mn sq ft and an estimated GDV of Rs 17.72 bn at Andheri East. Across FY26, it added five projects with a total saleable area of 4.32 mn sq ft and an estimated GDV of Rs 104.20 bn, compared to Rs 47.83 bn in FY25, marking a 118 per cent increase. The added projects include GTB Nagar at Sion, Lokhandwala Cluster at Andheri West, Swarganga CHSL at Dindoshi Nagar Cluster in Goregaon East, The Homestead CHSL at Lokhandwala Cluster, and Om Nagar CHSFL at Andheri East. All of these are redevelopment projects. The company achieved 174 per cent of its full-year business development guidance of Rs 60 bn.Keystone Realtors completed three projects in Q4FY26 with a construction area of 0.25 mn sq ft. For the full year, it completed six projects with a total area of 2.23 mn sq ft.In addition to ICRA’s credit rating of A+ with Stable Outlook, India Ratings assigned the company a credit rating of A+ with Positive Outlook.Commenting on the performance, Boman Irani, CMD, Keystone Realtors, said the company delivered a strong FY26 across pre-sales, collections, business development and new launches, while continuing to strengthen its position in Mumbai’s redevelopment market.

Infrastructure Urban

10 Apr 2026

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Real Estate

10 Apr 2026

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

Technology

10 Apr 2026

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..