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Keystone Realtors reports over 2- fold jump in sales bookings during Q2FY25

08 Oct 2024 Evaluate

Keystone Realtors has reported a more than two-fold jump in its sales bookings to Rs 700 crore during the second quarter of this fiscal year (Q2FY25) on strong housing demand. The company sells its properties under the ‘Rustomjee’ brand.

The company reported pre-sales of Rs 700 crore in the second quarter of the 2024-25 fiscal as compared to Rs 306 crore in the year-ago period. Pre-sales stood at Rs 1,311 crore during the April-September period of this fiscal as against Rs 807 crore in the corresponding period of the previous year. 

The company launched three projects in September quarter with a sales potential of Rs 2,040 crore. The company has also added 3 more new redevelopment projects contributing additional GDV (gross development value) of Rs 1,333 crore in the second quarter of this fiscal.

Keystone Realtors is one of the prominent real estate developers and is engaged primarily in the business of real estate construction, development and other related activities in India.

Peers
Company Name CMP
Lodha Developers 957.00
Prestige EstatesProj 1381.05
Dilip Buildcon 360.00
DLF 652.90
Oberoi Realty 1579.70
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