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.
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