Keystone Realtors Confident of Beating FY26 Sales Guidance on Strong Demand

• Keystone Realtors expects to exceed its ₹4,000-crore annual sales guidance for FY26, despite broader real estate sector concerns.
• The Mumbai-based Rustomjee Group has already recorded ₹2,676 crore in sales this year, a 23% year-on-year increase.
• The company launched five projects worth ₹5,800 crore, covering 83% of its annual guidance, and surpassed its ₹8,000-crore business development guidance in H1.
• Chairman Boman Rustom Irani clarified that a Q3FY26 decline in pre-sales value with increased volumes reflects a focus on affordable and mid-mass housing.
• Irani maintains a bullish outlook on the Mumbai Metropolitan Region (MMR), expecting it to remain a strong real estate market for 10-15 years.

Why It Matters: Keystone Realtors is set to surpass FY26 sales targets, driven by strong demand in affordable and mid-income housing.