Keystone Realtors, led by CMD Boman Irani, has announced a significant investment of ?900 crore for the construction of a new housing project during the current fiscal year. This move underscores the company's commitment to expanding its footprint in the real estate sector, particularly in the residential segment.
The upcoming project is expected to be located in Mumbai, a city known for its dynamic real estate market and high demand for quality housing. Keystone Realtors, operating under the brand name Rustomjee, has established itself as a prominent player in the real estate industry, with a portfolio that includes several high-profile residential and commercial developments.
The ?900 crore investment will be directed towards the development of a large-scale residential project, aimed at catering to the growing demand for premium housing in Mumbai. The project will feature state-of-the-art amenities and is expected to appeal to both homebuyers and investors looking for luxury and convenience in one of India's most sought-after locations.
Boman Irani, the CMD of Keystone Realtors, emphasized that this investment aligns with the company?s growth strategy and its vision to deliver high-quality living spaces that meet the evolving needs of modern urban dwellers. The decision to invest such a substantial amount in the project reflects the company's confidence in the resilience of the Mumbai real estate market, despite the challenges posed by economic fluctuations.
Keystone Realtors plans to leverage its extensive experience and expertise in real estate development to ensure the successful execution of the project. The company is known for its focus on innovation, sustainability, and customer satisfaction, which will be key drivers in the design and construction of the new housing complex.
This investment is also expected to contribute to the overall growth of the real estate sector in Mumbai, creating job opportunities and boosting the local economy. As the project progresses, Keystone Realtors aims to reinforce its position as a leader in the real estate industry, delivering projects that set new benchmarks in quality and excellence.
By committing ?900 crore to this housing project, Keystone Realtors is not only expanding its portfolio but also reaffirming its commitment to providing top-tier residential solutions in one of the most competitive real estate markets in the country.
