Archive · 11 Aug 2025
Keystone Realtors Expands in Mumbai with ₹7,700 Crore Projects
Keystone Realtors, a real estate company, has acquired three new projects in Mumbai, which could earn them over ₹7,700 crore.
They also had a very successful quarter in sales, with a record amount of pre-sales.
The company started three new projects during this time, too.
However, their profit was down because they changed how they report income.
They are also looking to buy more land in Mumbai to build more housing.
Keystone Realtors secured three redevelopment projects in Mumbai.
These projects have a revenue potential of over ₹7,700 crore.
The company achieved its highest-ever quarterly pre-sales of ₹1,068 crore.
Keystone launched three projects in the June quarter with an estimated GDV of nearly ₹4,000 crore.
Consolidated net profit decreased by 44% to ₹14.51 crore.
- Who
- Keystone Realtors.
- What
- Keystone Realtors acquired three redevelopment projects.
- When
- During the June quarter of fiscal year 2025-2026.
- Where
- Mumbai, India.
- Why
- To expand residential real estate business.
Financial Performance
N/A
Revenue Recognition
Financial Performance
The company's revenue recognition method caused a decline in profit.
N/A
N/A
- Revenue Potential
- Over ₹7,700 crore
- Pre-sales
- ₹1,068 crore
- Projects Launched
- 3
- GDV of Launched Projects
- Nearly ₹4,000 crore
- Net Profit
- ₹14.51 crore
- Total Income
- ₹288.64 crore
