The company recorded 26% year-on-year and 101% sequential rise in pre-sales at Rs 616 crore during the quarter ended December. Collections during the period also rose to Rs 452 crore taking its first nine months collection to Rs 1,533 crore
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.
Shares of Keystone Realtors rose 3 per cent to trade at Rs 557.40 on BSE by 10.13 am. The company was commanding a market capitalisation of Rs 6,332.72 crore
Keystone Realtors carries out property development under the brand name ‘Rustomjee’. The company has 12 ongoing projects and 21 forthcoming projects across the Mumbai Metropolitan Region (MMR). It completed 32 projects till June 30