Keystone Realtors Achieves Record ₹1,068 Crore Pre-Sales in Q1 FY26, Up 75% Year-On-Year
Mumbai-based Keystone Realtors, known for its 'Rustomjee' brand, has reported a record-breaking pre-sales of ₹1,068 crore in the first quarter of FY26, marking a 75% increase from the previous year. The company attributes this success to high demand and strategic project launches.
Keystone RealtorsReal EstateProperty SalesMumbaiRedevelopment ProjectsReal Estate MumbaiJul 07, 2025
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.
Frequently Asked Questions
What is the total pre-sales amount Keystone Realtors achieved in Q1 FY26?
Keystone Realtors achieved a total pre-sales amount of ₹1,068 crore in Q1 FY26.
What is the percentage increase in pre-sales compared to the same period last year?
The percentage increase in pre-sales compared to the same period last year is 75%.
How many new projects did Keystone Realtors launch in Q1 FY26?
Keystone Realtors launched three new projects in Q1 FY26.
What is the estimated gross development value (GDV) of the new projects?
The estimated gross development value (GDV) of the new projects is ₹4,000 crore.
How much revenue is expected from the three housing societies redevelopment projects?
The three housing societies redevelopment projects are expected to generate revenue of ₹7,727 crore.
Related News Articles
India's First Bullet Train Takes Shape: Vadodara Launches Key Steel Bridge on Delhi-Mumbai Expressway
India's first bullet train, high-speed rail infrastructure, Delhi-Mumbai Expressway, real estate, infrastructure development
Mumbai Metro Extension: Who Foots the Bill?
The Mumbai Metro extension project has sparked a debate between the BMC and MMRDA over who will bear the costs, impacting real estate and property prices.
Oberoi Realty Raises Rs 6000 Crore for Expansion
In a significant move, the National Company Law Tribunal (NCLT) in Mumbai has approved the resolution plan submitted by Oberoi Realty, paving the way for the company to raise Rs 6000 crore. This financial boost will be crucial for the company's expansion
Mahindra Lifespace Partners with GKW for 37 Acre Land Development in Bhandup
Situated in Bhandup, one of Mumbai's most dynamic real estate suburbs, the location offers excellent connectivity to commercial hubs and easy access to major transportation networks. Mahindra Lifespace and GKW have joined forces to develop a 37-acre land
Maharashtra Assembly Elections 2024: Can Shiv Sena Hold onto Aurangabad?
The 2024 Maharashtra Assembly elections are set to be fiercely contested, with the Shiv Sena and NCP factions vying for key constituencies. Aurangabad, a crucial battleground, will be a test of the Shiv Sena's strength and strategy.
NexPoint Real Estate Finance CFO Acquires Additional Shares: Market Implications and Insights
NexPoint Real Estate Finance’s CFO, Paul Richards, has made a significant purchase of company stock, signaling confidence in the firm’s future. This move comes as the company reports strong fourth-quarter earnings, exceeding analyst expectations.