India, Nov. 14 -- Rustomjee Group plans to continue focusing on redevelopment projects across the Mumbai real estate market. 21 of the 27 projects added to its portfolio since FY23 are redevelopment projects, having a combined gross development value (GDV) of Rs.31,079 crore, said Boman Irani, chairman and managing director of Keystone Realtors Ltd (which operates under the Rustomjee brand), during the company's Q2FY27 earnings call.

The developer is looking to strengthen its presence in Mumbai's western suburbs, particularly in locations such as Versova, Bandra, Andheri and Mahim, where it sees significant redevelopment opportunities. Irani said the company is continuing to acquire redevelopment projects in emerging growth corridors and...