Rustomjee

Founder and managing partner Binitha Dalal tells Moneycontrol that Mt K Kapital has secured commitments from several institutions for the fund

Rustomjee signs redevelopment deal with 8 Mumbai societies, expects GDV of Rs 3,000 crore

On July 1, the company has got the letter of acceptance for redevelopment project worth Rs 4,521-crore in Mumbai’s GTB Nagar

Have not seen any slowdown in real estate market, good offtake in projects across categories: Rustomjee MD

Boman Irani, the managing director, said that a slowdown in real estate sales may trouble non-capitalised developers as some would-be buyers may defer purchase decisions, while adding that inventory in markets such as the Mumbai Metropolitan Region, India's largest housing market, remains at comfortable levels.

Rustomjee earnings decline in Q2, profits, pre-sales rise

Keystone, which trades as Rustomjee, reported collections of Rs 700 crore during the quarter, while its collections declined marginally to Rs 552 crore

Rustomjee to focus on Rs 1-3 crore ticket size for residential launches, says MD Boman Irani

Despite weakness on some counts, Irani sounded positive on the Q1FY25 financial results, particularly pre-sales during the quarter. The company's collections during the quarter were slightly lower in Q1 year-on-year.

Keystone Realtors issues shares to Quant MF, SBI Life, ADIA via Rs 800 crore QIP

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

Keystone Realtors enters Mumbai eastern suburbs with Rs 1,000-crore project

The real estate company that operates under the brand Rustomjee has bagged the project to redevelop Basant Park in Chembur

Keystone's modest debut: Does Street find value here?

As in the case of Macrotech Developers or Lodha Group, a subdued debut on the bourses by Rustomjee brand owner Keystone Realtors may belie longer-term outperformance, say analysts.

Keystone Realtors IPO subscribed 41% on Day 2 of offer

The IPO got bids for 35,77,662 shares against 86,47,858 shares on offer

Keppel Land, Rustomjee Group to co-develop 51.4 hectare integrated township in Mumbai

Keppel Land will be acquiring a 49 percent stake in the joint venture company, Kapstone Constructions Pvt, for about Rs 409.1 crore

Piramal Finance invests Rs 550 crore in Rustomjee's Mumbai project

The projects include redevelopment, large format townships as well as affordable housing, the company said of Monday.

Sobha gets top honours in India‘s first ever real estate best practices audit report

Sobha Ltd has been ranked number one in Track2Realty‘s Best Practices Report-2017, followed by Godrej Properties and the Prestige Group. This is the first of its kind in-depth report on best practices prevalent in &#82

Andheri east: Infrastructure, prices, boost property demand

Improving infrastructure has helped Andheri east, to transform from an industrial area, to a sought-after residential destination in Mumbai, over the years. From a region that was primarily known for the MIDC and SEEPZ, &#82

Mumbai‘s new TDR policy: Lower congestion, but costlier homes?

Mumbai has a new Transfer of Development Rights (TDR) policy that is linked to the width of the road beside the project‘s site. As per the new policy, projects on roads that are less &#82

Virtual real(i)ty

Imagine that you are on a virtual lift that takes you up to the 22nd floor of a building. A glass sliding door opens and you walk into the sprawling living room of a R

Snapdeal Diwali fest: 10,000 people register to buy home

Snapdeal organised the online 'Diwali Home Buying Fest' during November 3-9, offering discounts on purchase of flats in over 200 projects across major cities.

Integrated townships: Built to deliver comfort & returns

Individuals staying in integrated townships enjoy better lifestyle as compared to those who live in standalone buildings. Investors in properties in integrated properties pocket higher returns as compared to investors in standalone properties.

Why Indian realtors would like to forget 2013 in a hurry

Year 2013 was perhaps one of the worst years for Indian real estate. Sales fell resulting in a pile-up of unsold inventories.

2014 H2 may bring cheer for otherwise tough realty sector

From DLF to Hiranandani, Wadia to Raheja, Rustomjee to DB Realty, the list of developers who found themselves in the midst of legal tussles this year, is a substantial one. While some developers came under the scanner for allegedly exploiting vulnerable home buyers, others were hauled up for diverting their financier's loans.

RBI to Sun, Rustomjee: End PE pact or resort to compounding

There is a new twist in the ongoing battle between Mumbai-based developer Rustomjee and private equity player Sun Apollo. According to sources, the RBI has intervened in the case and stated that both parties have violated ECB guidelines.