Keystone Realtors Unveils Ultra-Luxury Project in Bandra, Mumbai
Mumbai-based Keystone Realtors, operating under the Rustomjee brand, is gearing up to launch a super luxury residential project at Bandstand, Bandra in Mumbai, next month. The project, with a gross development value (GDV) of Rs 3,000 crore, is a significant addition to the company's portfolio and a testament to its commitment to the luxury real estate market.
Chairman and Managing Director Boman Irani expressed optimism about the housing demand and the company’s sales bookings target of Rs 4,000 crore for the current financial year. Keystone Realtors has already recorded sales of Rs 1,839 crore in the first half of 2025-26, marking a 40 percent annual increase. The company launched four projects worth Rs 4,916 crore in the April-September period and plans to launch four more projects totaling Rs 4,832 crore in the second half of the financial year. Keystone will invest about Rs 950 crore this year in ongoing construction projects to ensure timely delivery.
Irani highlighted the strong housing demand in the Mumbai Metropolitan Region, driven by both end-users and investors. This demand is supported by wealth creation and lower home loan interest rates. Keystone Realtors has a track record of delivering over 26 million square feet of space and handing over more than 17,000 apartments to date. The company’s focus on quality and timely delivery has earned it a reputation for reliability and excellence in the real estate sector.
The new ultra-luxury project in Bandra is strategically located at Bandstand, a prime location known for its upscale amenities and proximity to key commercial and recreational areas. The project is expected to attract high-net-worth individuals and investors looking for premium living experiences. With a GDV of Rs 3,000 crore, the project is poised to set new benchmarks in luxury real estate in Mumbai.
Keystone Realtors’ commitment to innovation and customer satisfaction is evident in the design and features of the new project. The residential units will offer state-of-the-art facilities, including high-end finishes, modern amenities, and a range of lifestyle services. The company’s focus on sustainability and environmental responsibility is also reflected in the project’s design, with plans to incorporate green building practices and energy-efficient technologies.
In addition to the new project in Bandra, Keystone Realtors continues to expand its presence across the Mumbai Metropolitan Region and other key markets in India. The company’s robust pipeline of projects and strong financial performance position it as a leader in the luxury real estate segment. With a clear vision and a commitment to excellence, Keystone Realtors is well-equipped to meet the evolving needs of the market and deliver exceptional value to its stakeholders.
