Keystone Realtors Achieves Record ₹1,068 Crore Pre-Sales in Q1 FY26, Up 75% Year-On-Year
Keystone Realtors Ltd on Monday announced a record-breaking achievement, selling properties worth ₹1,068 crore in the first quarter of the current fiscal year. This represents a significant 75% increase compared to the ₹611 crore sold in the same period last year. The surge in sales is attributed to high demand in the real estate market.
Mumbai-based Keystone Realtors sells properties under the 'Rustomjee' brand, which is well-known for its high-quality developments. The company's success in the first quarter is a testament to its strong market presence and customer trust.
In a regulatory filing, Keystone Realtors highlighted that the first quarter of 2025-26 has been the best ever in terms of pre-sales. The company managed to collect ₹575 crore from customers, a 19% increase from the ₹485 crore collected in the corresponding period of the previous year.
Keystone Realtors launched three new projects in the first quarter, with a total saleable area of 0.91 million square feet and an estimated gross development value (GDV) of ₹4,000 crore. These projects are expected to further boost the company's revenue and market position.
Under new business development, Keystone Realtors secured three housing societies redevelopment projects during the June quarter. These projects are projected to generate revenue of ₹7,727 crore, significantly enhancing the company's financial outlook.
The company stated, 'We added 3 projects in Q1, FY26, having a saleable area of 3.25 million sq ft and an estimated GDV of ₹77.27 billion. All 3 are redevelopment projects.' This strategic move is expected to solidify Keystone Realtors' position in the Mumbai Metropolitan Region (MMR) property market.
Keystone Realtors is one of the leading real estate developers in India, with a significant presence in the MMR. The company's consistent performance and strategic initiatives have made it a preferred choice for homebuyers and investors alike.
The real estate market in India has been witnessing a resurgence, driven by favorable government policies and increased consumer confidence. Keystone Realtors' success in the first quarter of FY26 is a clear indication of the positive trends in the sector and the company's ability to capitalize on market opportunities.
