Keystone Realtors Sees 75% Q1 Sales Bookings Surge to Rs 1,068 Cr on Robust Housing Demand
Keystone Realtors, a prominent real estate developer in the Mumbai Metropolitan Region (MMR), reported a significant 75% increase in Q1 sales bookings to Rs 1,068 crore, driven by strong housing demand.
Keystone RealtorsHousing DemandReal Estate DevelopersMumbai Property MarketQ1 Sales BookingsReal Estate MumbaiJul 07, 2025
Keystone Realtors Ltd, a leading real estate developer in the Mumbai Metropolitan Region (MMR), announced on Monday that it has sold a record Rs 1,068 crore worth of properties in the first quarter of this fiscal, marking a 75 percent increase from the corresponding period of the previous year. This is the best-ever Q1 pre-sales performance for the company.
Mumbai-based Keystone Realtors sells properties under the Rustomjee brand. In a regulatory filing, the company informed that it has achieved pre-sales of Rs 1,068 crore in the first quarter of 2025-26, compared to Rs 611 crore in the same period last year. The collection of funds from customers also saw a 19 percent increase, rising to Rs 575 crore from Rs 485 crore.
Keystone Realtors launched three projects in the first quarter, with a saleable area of 0.91 million square feet and an estimated Gross Development Value (GDV) of Rs 4,000 crore. Under new business development, the company secured three housing society redevelopment projects during the June quarter, which is expected to generate revenue of Rs 7,727 crore.
The company stated, “We added three projects in Q1, FY26, with a saleable area of 3.25 million square feet and an estimated GDV of Rs 77.27 billion. All three are redevelopment projects.” Keystone Realtors is one of the leading real estate developers in the country, with a significant presence in the Mumbai Metropolitan Region (MMR) property market.
The strong performance in Q1 is attributed to the robust housing demand in the MMR, where Keystone Realtors has a significant market share. The company’s focus on quality projects and customer satisfaction has been a key driver of its success. With the new projects and redevelopment initiatives, Keystone Realtors is well-positioned to continue its growth trajectory in the coming quarters.
Frequently Asked Questions
What is Keystone Realtors' Q1 sales performance?
Keystone Realtors reported a 75 percent increase in Q1 sales bookings to Rs 1,068 crore, compared to Rs 611 crore in the same period last year.
How much did customer collections increase?
Customer collections increased by 19 percent to Rs 575 crore from Rs 485 crore in the corresponding period of the previous year.
What new projects did Keystone Realtors launch in Q1?
Keystone Realtors launched three new projects with a saleable area of 0.91 million square feet and an estimated GDV of Rs 4,000 crore.
What are the redevelopment projects Keystone Realtors secured?
Keystone Realtors secured three housing society redevelopment projects during the June quarter, expected to generate revenue of Rs 7,727 crore.
Where does Keystone Realtors operate?
Keystone Realtors operates primarily in the Mumbai Metropolitan Region (MMR) and sells properties under the Rustomjee brand.
Related News Articles
Emerging Cities in India: The Next Wave of Real Estate Growth
India's emerging cities are set to drive the nation's growth trajectory, with 17 cities expected to witness accelerated real estate growth across three or more asset classes.
Konkan Expressway to Reduce Mumbai-Goa Travel Time to 6 Hours
Konkan Expressway project aims to reduce travel time between Mumbai and Goa to 6 hours.
Global Facility Management Market: Trends, Drivers, and Challenges
The global facility management market is expected to grow at a CAGR of 5.0% from 2024 to 2031, driven by outsourcing trends, technological advancements, and sustainability.
Godrej Properties Expands Housing Portfolio with Strategic Land Acquisitions
Godrej Properties, a leading real estate developer, has made significant strides in expanding its housing business by acquiring six land parcels in key metropolitan regions. These acquisitions, valued at Rs. X crores, are poised to add substantial value t
Narayana Murthy's Luxurious Bangalore Apartment: Here's the Stunning Price Tag
Narayana Murthy, the co-founder of Infosys, has recently purchased a luxury flat in Bangalore, marking another significant addition to his extensive real estate portfolio. The flat, bought from a Mumbai-based real estate businessman, has a jaw-dropping pr
Nisus Finance Achieves 21% ROI in Mumbai Self-Redevelopment Project
Nisus Finance Services Co Limited, a prominent investment management firm, has successfully exited a self-redevelopment housing project in Mumbai, achieving a commendable 21% Internal Rate of Return (IRR).