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Keystone Realtors signs agreements for GTB Nagar redevelopment project in Mumbai
Mar-06-2026

Keystone Realtors, through its subsidiary Keymidtown Developers, has signed the Development Agreement and Construction & Development Agreement for the redevelopment of GTB Nagar in Sion, one of Mumbai’s most impactful urban transformation projects, being undertaken in collaboration with Maharashtra Housing and Area Development Authority (MHADA). Spread across a plot area of around 11.54 Acres (46,731.15 square meters), this large-scale redevelopment will benefit over 1,200+ members and is expected to unlock a saleable area of around 20.7 lakh square feet, with an estimated Gross Development Value (GDV) of around Rs 4,521 crore.

The residential towers shall be constructed using Aluminium formwork technology rendering a durable and watertight external concrete envelope. Designed with the most stringent structural safety norms catering to wind and earthquake forces the residential towers have been meticulously designed with best-in-class fire safety norms, electrical, plumbing, and vertical transportation systems. The development aims to create a community where development and nature coexist, delivering modern residential experience that enhances everyday living, serving as a beacon for similar re- developments in the times to come.

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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