Keystone Realtors Limited has been selected as the Developer of choice to redevelop the plot and premises of Veena Nagar Co-operative Housing Society Limited & NeelKamal Ghruh Cooperative Housing Society Limited on a combined land admeasuring ~12,120 square meters in Malad (W), Mumbai, Maharashtra. In addition to rehousing 342 existing members of both the societies, this redevelopment will lead to sale potential of ~3,42,000 sq. ft.

of RERA carpet area with the expected Gross Development Value (GDV) of ~INR 12,000 million. This development is in line with Rustomjee strategy to build diversified portfolio across ticket sizes and will further strengthen Rustomjee presence into the growing western suburbs of Mumbai. The project is expected to be launched in next calendar year.