Keystone Realtors Limited has announced the incorporation of a new wholly owned subsidiary, Keymidtown Developers Private Limited, marking a strategic expansion in its real estate development portfolio.

Key Details of the New Subsidiary

Strategic Implications

The establishment of Keymidtown Developers Private Limited aligns with Keystone Realtors' growth strategy in the real estate sector. This move is expected to enhance the company's capacity to undertake new development projects, potentially expanding its market presence and project portfolio.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Keystone Realtors has duly informed the stock exchanges about this development. The company filed the necessary intimation on July 24, 2025, detailing the incorporation of the new subsidiary.

Management Statement

Bimal K Nanda, Company Secretary and Compliance Officer of Keystone Realtors Limited, confirmed the incorporation of the new subsidiary in the regulatory filing. The company views this step as part of its ongoing efforts to strengthen its position in the real estate and construction sector.

About Keystone Realtors Limited

Keystone Realtors Limited, which operates under the brand name Rustomjee, is a prominent player in the Indian real estate market. The company is known for its residential and commercial projects, primarily in the Mumbai Metropolitan Region.

This latest development underscores Keystone Realtors' commitment to growth and expansion in the real estate sector. Investors and stakeholders will likely be watching closely to see how this new subsidiary contributes to the company's future projects and overall business strategy.

Keystone Realtors Ltd. , a prominent player in the real estate sector, has reported a robust performance for the first quarter, signaling strong growth and expansion plans.

Strong Q1 Performance

The company announced pre-sales of Rs 1,068.00 crore for Q1, marking an impressive 75% year-on-year growth. This strong start to the fiscal year has bolstered the company's confidence in surpassing its guidance of Rs 4,000.00 crore in pre-sales.

Aggressive Expansion Strategy

Keystone Realtors has been actively pursuing an expansion strategy:

• Over the past 2.5 years, the company has acquired 18 projects with a total Gross Development Value (GDV) of Rs 20,000.00 crore.
• In the current quarter alone, Keystone added projects worth Rs 7,000.00 crore to its portfolio.

Geographical Expansion

The company is not only strengthening its presence within the Mumbai Metropolitan Region (MMR) but is also venturing into new territories:

• Keystone is set to enter the Nagpur market with a significant project valued at Rs 1,000.00 crore.

Outlook

With its strong Q1 performance and aggressive expansion plans, Keystone Realtors appears well-positioned to capitalize on the growing real estate market. The company's confidence in exceeding its pre-sales guidance of Rs 4,000.00 crore reflects its positive outlook on the sector and its own growth trajectory.

As the real estate market continues to evolve, Keystone's strategic acquisitions and geographical expansion could play a crucial role in shaping its future performance and market position.