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Keystone Realtors secures Rs 1,775 crore redevelopment project in Mumbai
Feb-16-2026

Keystone Realtors (Rustomjee Group) has been appointed as the developer for a large society redevelopment project of Om Nagar Co-operative Housing Society Federation. The project involves the redevelopment of eight housing societies located on a strategically placed land parcel cumulative admeasuring around 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 around 5 lakhs sq. ft. of RERA carpet area, with an estimated Gross Development Value (GDV) of around Rs 1,775 crore. This marquee redevelopment project reinforces Rustomjee’s strategy of building a diversified portfolio across ticket sizes and further deepens its footprint in Mumbai’s high-growth western suburbs, strengthening its long-term growth visibility.

Keystone Realtors 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.

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