Rustomjee Kalyan

In an interview to Moneycontrol earlier, Irani had said that Rustomjee Group planned to invest Rs 1,000 crore by the end of 2023-24 to launch projects with a combined saleable area of 2.5 million sq ft in MMR. Mumbai-based listed real estate developer Keystone Realtors, also known as Rustomjee Group, has 20 projects in the pipeline with a potential 27.86 million sq.ft. of saleable area

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The Bhiwandi Kalyan Dombivli Shilphata KDMC projects include commercial and residential segments in the Mumbai Metropolitan Region (MMR) and will come up over the next five to seven years. The company plans to launch one project in every quarter of FY 24, it said in a regulatory filing to BSE. From its pipeline of 20 projects in Bhiwandi Kalyan Dombivli Shilphata KDMC, the company is projecting Gross Development Value (GDV) of Rs 35,103 crore.

According to an investor's presentation filed by Keystone on the BSE, six projects are in the mid- and mass segments, five in the so-called aspirational segment and four in the affordable category. Three projects are classified as super premium/premium and two are commercial projects. “We are happy to announce that we acquired five new projects in FY23 of GDV of Rs 34.3 billion, in line with our capital light expansion strategy. With the recent few acquisitions, our company has entered new micro markets like Mahim, Chembur, Kalyan-Dombivli,” Boman Irani, Managing Director of Rustomjee Bhiwandi, said. “Strong Operational Cash Flow (OCF) of Rs 4.6 billion in FY23 and inflow of Rs 7.3 billion from pre-IPO/IPO, has helped reduce the net debt to Rs 0.19 billion as at FY23," he said.

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He added, "Additionally, the commitment of Rs 3.5 billion received towards recently launched AIF (Alternative Investment Fund) has further strengthened the company’s financial position and provided growth capital to expand and bolster our dominant position in the Mumbai Metropolitan Region (MMR) region." The company on May 22 reported an 82 percent increase in consolidated net profit at Rs 76.59 crore for March quarter. Its net profit was Rs 42.03 crore in the year-ago period. Keystone Realtors, the listed arm of real estate developer Rustomjee Kalyan, plans to invest Rs 1,000 crore by the end of 2023-24 to launch projects with a combined saleable area of 2.5 million sq ft in the Mumbai Metropolitan Region (MMR)

“Our exposure towards redevelopment could reach the 30 percent mark and we plan to remain active and expand our base in MMR for the next few years,” Boman Irani, managing director of Rustomjee Realty, told Moneycontrol. Presenting their newest property in Bhiwandi, Rustomjee Group offers 2 BHK and 3 BHK residences adorned with contemporary conveniences and exquisite fittings. Check out the most recent construction update and images to see how far down the road to completion the Kalyan development is by Rustomjee Group. Learn more about the well considered layouts and floor plans that Rustomjee Group has put up for its Dombivli residential project. Keep up with the newest happenings in Shilphata real estate with the Rustomjee Group. For specifics, such project addresses and maps, get in touch with the sales office at Rustomjee Group.

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Come see the spectacular gala event that Rustomjee Group hosted to showcase their KDMC commercial and corporate spaces. Thanks to Rustomjee Group's collaboration with WeWork, you may take advantage of the freedom and ease of coworking spaces. Peruse the pamphlet to find out more about the renowned builders and their dedication to excellence at Rustomjee Group. Transparency and compliance with regulatory norms are ensured by the Rustomjee Group's properties being registered with RERA. Learn about the cutting-edge design and high-quality fittings used in every home and building constructed by Rustomjee Group. To arrange a visit to the Rustomjee Group's sample flat video and get individual guidance, contact the sales office. Get the most recent information on real estate trends and prices from Rustomjee Group.

For additional information, including the phone number and contact details, get in touch with Rustomjee Group immediately. Contact for wework spaces site location site address shops sample office video sample flat video sales office reviews rera realty realtors real estate price photos phone number offices news modern amenities mobile number master plan maharera location map location layout latest update latest price latest photos latest news infrastructures houses house homes group gala floor plans flats fixtures features developers current status corporate contact number contact details constructions construction update construction status commercial building builders brochure address 5bhk 5 bhk 4bhk 4 bhk 3bhk 3 bhk 2bhk 2 bhk 1bhk 1 bhk.

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