Keystone Realtors Ltd
RUSTOMJEE · Infrastructure > Construction - Real Estate Listing date: Nov. 24, 2022

The company was incorporated as ‘Keystone Realtors Private Limited’, in Mumbai, under the provisions of Companies Act, 1956 pursuant to a certificate of incorporation dated November 6, 1995 issued by the Registrar of Companies, Maharashtra at Mumbai (RoC).The name of the Company was subsequently changed to ‘Keystone Realtors Limited’, upon conversion into a public company, pursuant to a board resolution dated April 28, 2022 and a shareholders’ resolution dated April 28, 2022, and a fresh certificate of change of name was issued on May 6, 2022 by the RoC.

The company is one of the prominent real estate developers in the micro markets that it is present in. Since the company’s inception in 1995, it has strived to create a brand focused on customer satisfaction, building communities and nurturing spaces that provide its customers a superior lifestyle. It aspire to have its customers perceive the ‘Rustomjee’ brand as a trusted provider of quality offerings and services due to its track record of delivering multiple high-end award winning buildings, gated communities and townships. Its experience in the Mumbai Metropolitan Region (MMR) market have helped it develop a firm understanding and acquire the requisite skill sets to create ideal spaces for communities to flourish.

The company has a diversified suite of projects across a wide range of price points, and a presence in several micro markets. It has experience in developing lifestyle projects, high value standalone buildings, gated communities and fully integrated townships, re-developments and stalled projects. It strategically introduces differentiated offerings and corresponding amenities based on the needs of the location and community to maximise its revenue. Over the years, it has implemented designs based on customer insights and eco-friendly construction technologies to deliver modern lifestyle solutions and a diverse range of projects. It considers gated communities as the future of living, and strives to create “nurturing spaces” to deliver convenience, community and comfort to its customers. It place emphasis on understanding the demographic it cater to, their needs, traditions and lifestyles.

Business area of the company

The company is one of the prominent real estate developers and is engaged primarily in the business of real estate construction, development and other related activities in India.

Key awards, accreditations or recognitions

  • 2016: Best Community Design & Redevelopment Project awarded by NDTV Property Awards 2016 to Rustomjee Oriana.
  • 2018: Best Residential Project Ultra-Luxury Segment awarded by CNBC Real estate Awards 2018-2019 to Rustomjee Seasons.
  • 2019: Best Redevelopment Project (Rustomjee Seasons) awarded by ET NOW News.
  • 2019: Best Employer Brand Award awarded by ET NOW News.
  • 2021: Iconic Super Luxury Project of the Year award by Times Real Estate Conclave 2021, for project Rustomjee Elements.

Major events and milestones

  • 1996: Launched first residential project.
  • 1998: Launched project ‘Regency’ in Dahisar.
  • 2000: Launched project ‘Adarsh/Rivera’ in Malad.
  • 2001: Launched premium project ‘9 JVPD’ on 10th road Juhu.
  • 2004: Acquired abandoned projects namely, Project ‘Raag’, ‘Meg’ and ‘Malhaar’.
  • 2006: Launched township tower ‘Urbania’ in Thane.
  • 2007 Launched the slum redevelopment project ‘Elita’ in Andheri West.
  • 2007: Launched township project ‘Global City’ in Virar.
  • 2009: Mausmi SA Investments LLC invested in Company.
  • 2009: Trinity Capital (Fifteen) Limited invested into Enigma Constructions Private Limited, Rustomjee Construction Private Limited and Kapstone Constructions Private Limited.
  • 2010: Launched redevelopment project ‘Oriana’ in Bandra East.
  • 2011: Launched luxury gated community project ‘Elements’ in Juhu/Andheri.
  • 2013: Launched redevelopment project ‘Seasons’ in Bandra East.
  • 2014: Launched of gated community project ‘Paramount’ in Khar.
  • 2014: Giza Holdings PTE Limited and Voldemort Investment Holding Company Limited invested in Kapstone Constructions Private Limited.
  • 2018: Entered into development management agreement for project ‘Crown’ in Prabhadevi.
  • 2020: Investment by Lipalton Pte. Ltd. (a wholly owned subsidiary of Keppel Land Limited) as a strategic partner in Kapstone Constructions Private Limited.
  • 2021: Acquired land located at Bandra (Bandstand).
  • 2022: The company has partnered with strategic investors such as HDFC Capital Affordable Real Estate Fund – 3 (managed by HDFC Capital Advisors Limited as investment manager).