Keystone Realtors Ltd Share Price – NSE  / BSE

Realty, Small Cap

The project covers about 11.54 acres and will benefit more than 1,200 residents while unlocking roughly 20.7 lakh square feet of saleable area with an estimated gross development value of Rs 4,521 crore.

The residential towers will be built using aluminium formwork technology, ensuring durability, watertight exteriors, and adherence to stringent structural, fire safety, electrical, plumbing, and vertical transport standards. The development aims to harmonize modern living with green spaces, setting a benchmark for future urban redevelopment.

Boman Irani, chairman and managing director of Keystone Realtors, said, ?We are delighted to share that the Development Agreement and a separate Construction and Development Agreement with MHADA for the redevelopment of GTB Nagar have now been formally signed with the Maharashtra Housing and Area Development Authority (MHADA), marking a significant milestone in this transformative journey. For us at Rustomjee, this moment carries deep meaning.

This project represents the aspirations of more than 1,200 members who have waited patiently for the promise of better homes and a more secure future. With the signing of this agreement, we move one step closer to translating that promise into reality. Redevelopment, in our view, is not merely about constructing buildings, but it is about restoring dignity, strengthening communities, and delivering homes that members truly deserve.

We remain committed to working closely with MHADA and all stakeholders to ensure that the existing residents of GTB Nagar receive their new homes at the earliest and that the neighborhood evolves into a vibrant, inclusive, and future-ready community. We are honored to be entrusted with a project of such scale and emotional significance, and we look forward to shaping a development that will positively impact generations to come.

Keystone Realtors is one of the prominent real estate developers in the Mumbai Metropolitan Region (MMR).

The company?s consolidated net profit fell 77.57% to Rs 3.38 crore on a 42.64% fall in revenue from operations to Rs 266.17 crore in Q3 December 2025 over Q3 December 2024.

Shares of Keystone Realtors fell 1.49% to Rs 393.05 on the BSE.

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The project entails the redevelopment of eight housing societies spread across a strategically located land parcel admeasuring approximately 20,569.90 square metres. Upon completion, the project will rehouse 637 existing members across the societies.

The redevelopment is expected to unlock a free sale potential of around 5 lakh sq ft of RERA carpet area, with an estimated gross development value (GDV) of about Rs 1,775 crore, according to the company.

The addition strengthens Rustomjee?s footprint in Mumbai?s high-growth western suburbs and aligns with its strategy of building a diversified portfolio across ticket sizes and micro-markets. The project is also in line with the developer?s focus on creating gated communities and integrated lifestyle offerings through large-format redevelopment initiatives.

With this project, the company has further augmented its development pipeline for the current financial year, continuing its momentum of adding strategically located redevelopment projects in key urban clusters.

Boman Irani, chairman and MD, Keystone Realtors, commented, ?We are pleased to have been selected as the preferred Developer for the Om Nagar redevelopment project in Andheri (East), which represents an important addition to Rustomjee?s growing redevelopment portfolio. With a GDV of nearly Rs. 1,775 Crores and a significant development footprint, this project exemplifies our focus on scale, location, and value creation.

This project underscores the confidence placed in our ability to execute large-scale, complex urban redevelopment assignments and deliver well-planned communities. The Company is increasing its focus on large society redevelopment, and this project further enhances our presence in a strategically important suburban market. We believe that urban redevelopment is not just about creating real estate, but about revitalizing communities and transforming the way people live in the city. We remain focused on disciplined execution and value creation as we continue to strengthen our project pipeline and pursue sustainable long-term growth.?

Keystone Realtors is one of the prominent real estate developers in the Mumbai Metropolitan Region (MMR).

The company?s consolidated net profit fell 77.57% to Rs 3.38 crore on 42.64% fall in revenue from operations to Rs 266.17 crore in Q3 December 2025 over Q3 December 2024.

Shares of Keystone Realtors fell 5.07% to Rs 466.85 on the BSE.

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Keystone Realtors (Rustomjee Group) has been appointed as the Developer for a landmark large society redevelopment project of Om Nagar Co-operative Housing Society Federation Limited. The project involves the redevelopment of eight housing societies located on a strategically placed land parcel cumulative admeasuring ~20,569.90 square meters at Andheri (East), Mumbai, Maharashtra.

The proposed redevelopment will result in the rehousing of 637 existing members across all societies and is expected to unlock a significant free sale potential of ~5 Lakhs sq. ft. of RERA carpet area, with an estimated Gross Development Value (GDV) of ~Rs. 1,775 crore.

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Keystone Realtors has allotted 2,708 equity shares under ESOP on 10 February 2026.

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