Keystone Realtors' Soaring Sales: A Testament to Strategic Growth
Keystone Realtors Ltd reported a significant increase in sales, reaching Rs 700 crore in the second quarter due to robust housing demand. With strategic project launches and a focus on redevelopment in Mumbai, the company shows promising growth potential, capitalizing on a strong financial position.
- Country:
- India
Keystone Realtors Ltd has posted impressive sales figures for the second quarter of this fiscal year, recording a leap to Rs 700 crore, more than twice its previous year's performance for the same period.
The real estate company, known for its 'Rustomjee' brand, attributes this success to an unwavering demand for housing and strategic project launches, contributing to a 129% year-on-year growth in pre-sales.
Chairman and Managing Director Boman Irani highlighted the company's strong capital position and readiness to tackle numerous redevelopment opportunities in Mumbai, positioning Keystone Realtors as a leading developer with a dynamic growth outlook.
(With inputs from agencies.)
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