Keystone Realtors has been selected by 8 housing societies as the developer for the large-scale cluster redevelopment project in the highly sought after residential neighbourhood of Andheri West, Mumbai. The Development Agreement (DA) has already been executed with 5 societies, while LoIs have been received from the remaining 3 societies, with DA execution expected over the next few days.
The project involves the redevelopment of a cluster of private housing societies located in the heart of Andheri’s vibrant residential hub, with a cumulative plot area of approximately 4.75 acres (19,229 square meters), encompassing 548 existing members. The proposed redevelopment is expected to unlock a saleable area of approximately 10.6 lakh square feet and generate a Gross Development Value (GDV) of around Rs 3,000 crore.
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.
