Strong demand for housing boosts Keystone Realtors' Q1 sales bookings by 75%, reaching a remarkable ₹1,068 crores.
Keystone Realtors, operating under the Rustomjee brand, has reported a robust performance for the first quarter of fiscal year 2026 (Q1 FY26), marked by strong pre-sales growth and significant project launches.
## Pre-Sales Performance
The company achieved a record pre-sales amount of ₹10.68 billion (₹1,068 crore) in Q1 FY26, representing a 75% increase compared to Q1 FY25 (₹6.11 billion). This growth continues into the quarter, with a 25% increase from Q4 FY25 (₹8.54 billion). The area booked in Q1 FY26 was 0.63 million square feet, up 159% year-on-year (YoY) and 9% quarter-on-quarter (QoQ).
The collections for Q1 FY26 reached ₹5.75 billion (₹575 crore), a 19% YoY increase but a 23% QoQ decrease.
## New Project Launches
Three new projects were launched in Q1 FY26: Rustomjee Balmoral at Chembur, Rustomjee Crescent at Pali Hill, and Rustomjee Cliff Tower at Bandra. The total saleable area launched was 0.91 million square feet, with an estimated gross development value (GDV) of ₹40 billion (₹4,000 crore).
## Redevelopment Projects Added
Keystone Realtors secured three housing societies redevelopment projects during the June quarter, 2025-26. These projects, GTB Nagar at Sion, Lokhandwala Cluster at Andheri West, and Swarganga CHSL at Dindoshi Nagar Cluster, Goregaon East, add a total saleable area of 3.25 million square feet and an estimated GDV of ₹77.27 billion (₹7,727 crore).
## Business Highlights
The company has already surpassed its full-year FY26 pre-sales guidance in Q1 itself. This strong performance is reflected in the company's shares, which have gained in 10 out of the last 12 sessions, demonstrating strong investor confidence.
Based in Mumbai, India, Keystone Realtors sells properties under the 'Rustomjee' brand and continues to be one of the leading real estate developers in the country. The company's significant presence in the Mumbai Metropolitan Region (MMR) property market is evident in its aggressive expansion and leadership in both new development and redevelopment segments.
This article is current as of July 7, 2025, and does not contain any specific predictions about the Nifty or any other stock market indicators. The information provided here is based on the facts presented.
- Keystone Realtors, operating under the Rustomjee brand, reported a remarkable 75% increase in pre-sales from Q1 FY25 to Q1 FY26, with the area booked increasing by 159% year-on-year.
- In the realm of finance and investing, Keystone Realtors' shares have shown strong investor confidence, gaining in 10 out of the last 12 sessions, reflecting the company's robust performance.
- For those interested in analysis, the company's pre-sales amount of ₹10.68 billion in Q1 FY26 indicates a positive trend in the stocks of real-estate businesses, particularly in the Mumbai Metropolitan Region.
- Business expansions are also a key part of the company's strategy, as demonstrated by the launch of three new projects, Rustomjee Balmoral, Rustomjee Crescent, and Rustomjee Cliff Tower, in Q1 FY26, and the securing of three housing societies redevelopment projects, adding a significant saleable area to the company's portfolio.
