Keystone Realtors to Invest Rs.900 Crore

26 Aug 2024 CW Team

The upcoming project is expected to be located in Mumbai, a city known for its dynamic real estate market and high demand for quality housing. Keystone Realtors, operating under the brand name Rustomjee, has established itself as a prominent player in the real estate industry, with a portfolio that includes several high-profile residential and commercial developments.

The ?900 crore investment will be directed towards the development of a large-scale residential project, aimed at catering to the growing demand for premium housing in Mumbai. The project will feature state-of-the-art amenities and is expected to appeal to both homebuyers and investors looking for luxury and convenience in one of India's most sought-after locations.

Boman Irani, the CMD of Keystone Realtors, emphasized that this investment aligns with the company?s growth strategy and its vision to deliver high-quality living spaces that meet the evolving needs of modern urban dwellers. The decision to invest such a substantial amount in the project reflects the company's confidence in the resilience of the Mumbai real estate market, despite the challenges posed by economic fluctuations.

Keystone Realtors plans to leverage its extensive experience and expertise in real estate development to ensure the successful execution of the project. The company is known for its focus on innovation, sustainability, and customer satisfaction, which will be key drivers in the design and construction of the new housing complex.

This investment is also expected to contribute to the overall growth of the real estate sector in Mumbai, creating job opportunities and boosting the local economy. As the project progresses, Keystone Realtors aims to reinforce its position as a leader in the real estate industry, delivering projects that set new benchmarks in quality and excellence.

By committing ?900 crore to this housing project, Keystone Realtors is not only expanding its portfolio but also reaffirming its commitment to providing top-tier residential solutions in one of the most competitive real estate markets in the country.

Keystone Realtors, led by CMD Boman Irani, has announced a significant investment of ?900 crore for the construction of a new housing project during the current fiscal year. This move underscores the company's commitment to expanding its footprint in the real estate sector, particularly in the residential segment. The upcoming project is expected to be located in Mumbai, a city known for its dynamic real estate market and high demand for quality housing. Keystone Realtors, operating under the brand name Rustomjee, has established itself as a prominent player in the real estate industry, with a portfolio that includes several high-profile residential and commercial developments. The ?900 crore investment will be directed towards the development of a large-scale residential project, aimed at catering to the growing demand for premium housing in Mumbai. The project will feature state-of-the-art amenities and is expected to appeal to both homebuyers and investors looking for luxury and convenience in one of India's most sought-after locations. Boman Irani, the CMD of Keystone Realtors, emphasized that this investment aligns with the company?s growth strategy and its vision to deliver high-quality living spaces that meet the evolving needs of modern urban dwellers. The decision to invest such a substantial amount in the project reflects the company's confidence in the resilience of the Mumbai real estate market, despite the challenges posed by economic fluctuations. Keystone Realtors plans to leverage its extensive experience and expertise in real estate development to ensure the successful execution of the project. The company is known for its focus on innovation, sustainability, and customer satisfaction, which will be key drivers in the design and construction of the new housing complex. This investment is also expected to contribute to the overall growth of the real estate sector in Mumbai, creating job opportunities and boosting the local economy. As the project progresses, Keystone Realtors aims to reinforce its position as a leader in the real estate industry, delivering projects that set new benchmarks in quality and excellence. By committing ?900 crore to this housing project, Keystone Realtors is not only expanding its portfolio but also reaffirming its commitment to providing top-tier residential solutions in one of the most competitive real estate markets in the country.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Infrastructure Energy

12 Dec 2025

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Infrastructure Energy

12 Dec 2025

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..