Rustomjee Group News Today

Quant MF, SBI Life Insurance, and SBI General Insurance each received over 5 percent in Keystone Realtors QIP.

Silicon Valley Tech Investor Satya Komal Joins Kritsnam Technologies as a Major Investor

Keystone said it reserves the discretion to offer a discount of not more than 5% on the floor price for the QIP.

Keystone Realtors sold 1.21 mn sq ft area last fiscal, up 17 per cent from 1.04 mn sq ft in the preceding year, according to the regulatory filing

Dosti Realty Limited, active in the Mumbai real estate market, plans to invest the money raised from the IPO towards business expansion and utilise the money for repaying debt. Its expansion plans include a foray into warehousing.

Bandra micromarket is one of the hottest in the Mumbai real estate market, and also has reported several high value deals. The area, also known to house several Bollywood stars, is known for having property value as high as Rs 1.50 lakh per sqft

Mumbai real estate: No plans to foray outside Mumbai - the company said it makes more sense for it to continue expanding its reach, ability and growing in the Mumbai market.

Commenting on the performance, Boman Irani, Chairman and Managing Director, Keystone Realtors, said,

Mumbai real estate: The two projects are in Dahisar and Versova area of Mumbai and have potential of 3.06 lakh sqft for sale, according to the company statement.

Keystone Realtors: Boman Irani, chairman and managing director of the company said, “We are happy to announce that we are chosen as redevelopment partner by two societies in the vibrant locality of Malad West on the combined land spanning over 12,120 sq meters and boasting a combined GDV of about Rs. 1200 crore."