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Rustomjee (Keystone Realtors)

Est. 1996 · Boman Irani · Mumbai, Maharashtra · Listed (NSE / BSE) · Mumbai & MMR

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 4.1 Dependable — with caveats

Company overview

Who is Rustomjee (Keystone Realtors)?

Family-centric brand ('spaces for childhoods') with Urbania Thane township and a strong redevelopment franchise.

45

Completed projects

20M

Sq ft delivered

20

Ongoing projects

—

Upcoming projects (not disclosed)

Our ratings

Builder Score Card

Each dimension is scored from delivery data, RERA filings and financial disclosures.

Construction quality 80/100
Delivery record 78/100
Customer satisfaction 86/100
Financial strength 76/100
Trust 82/100

On-time delivery: 78% of towers delivered within 6 months of committed date.

At a glance

Rustomjee (Keystone Realtors) in Numbers

Rustomjee (Keystone Realtors) is a listed (NSE / BSE) developer founded in 1996 by Boman Irani, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 4.1/5 overall — dependable, with caveats — which ranks 27th of the 212 developers we profile and ahead of 87% of them. Its strongest area is customer satisfaction (4.3/5) and its weakest is financial strength (3.8/5).

Benchmarking

How Rustomjee (Keystone Realtors) Compares

Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.

Rating Rustomjee (Keystone Realtors) Mumbai & MMR average Better than
Construction quality 4/5 3.5/5 75% of developers
Delivery record 3.9/5 3.3/5 88% of developers
Customer satisfaction 4.3/5 3.3/5 95% of developers
Financial strength 3.8/5 3.3/5 75% of developers
Trust 4.1/5 3.5/5 83% of developers

Buyer guidance

Should You Buy a Rustomjee (Keystone Realtors) Project?

Rustomjee (Keystone Realtors) is dependable, with caveats. Its weakest area is financial strength, so before booking, check its debt and cash flow, or credit ratings and company filings if it is privately held. Prefer construction-linked payment plans and check the project's RERA progress reports.

Check before you book

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Its latest annual report — debt, cash flow and pre-sales — since Rustomjee (Keystone Realtors) is listed.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.

The bottom line

Our Verdict

High customer empathy and honest specifications; redevelopment expertise de-risks society projects.

Portfolio

Notable Projects

Key Rustomjee (Keystone Realtors) projects as the builder publishes them. None has a PropertyNivesh research page yet.

Rustomjee Urbania Rustomjee Crown Rustomjee Seasons Rustomjee Paramount

Questions

Rustomjee (Keystone Realtors): FAQs

Is Rustomjee (Keystone Realtors) a good builder? +

We rate Rustomjee (Keystone Realtors) 4.1/5 overall — dependable, with caveats. High customer empathy and honest specifications; redevelopment expertise de-risks society projects.

Is Rustomjee (Keystone Realtors) a listed company? +

Yes. Rustomjee (Keystone Realtors) is listed on the NSE / BSE, so it publishes audited financial results.

Does Rustomjee (Keystone Realtors) deliver on time? +

Rustomjee (Keystone Realtors) has delivered 78% of its towers within six months of the committed date, and we rate its delivery record 3.9/5.

How many projects has Rustomjee (Keystone Realtors) completed? +

Rustomjee (Keystone Realtors) reports 45 completed projects and about 20 million sq ft delivered.

Compare Rustomjee (Keystone Realtors) against another builder →