The project, which is expected to be launched in next calendar year, is a redevelopment that is expected to lead to a sale potential of ~3,42,000 sq. ft. of RERA carpet area with an expected Gross Development Value (GDV) of ~ Rs 1,200 crore.
Rustomjee Group company Keystone Realtors initial public offering (IPO) goes live today and the offer concludes on November 16. The Mumbai-based realty developer plans to raise ₹635 crores where ₹560 crores be a fresh issue and ₹75 crores will be offer on sale (OFS).