Founded in 1996 by Boman Rustom Irani, Rustomjee Group has been actively involved in developing housing projects that cater to mid-income, premium, and luxury segments. Incorporated as Keystone Realtors Limited and listed on Indian exchanges, the company carries a portfolio spanning the Mumbai Metropolitan Region — 37 completed projects, 19 ongoing, and 24 forthcoming — having delivered over 26 million square feet of construction area, with a pipeline of over 47 million square feet.
From South Mumbai's cityscapes to the suburbs and all the way to Kasara, Rustomjee's projects pin the map with communities across the MMR. The move into Kasara, however, marks something specifically new for the group. Belle Vue at Kasara was Rustomjee's foray into plotted development — a format the developer had not previously pursued across its three-decade presence in the city.
Announced in September 2024, Belle Vue is a gated community spanning 88 acres in Kasara, introducing 462 meticulously designed villa plots ranging from 2,000 to 7,000 square feet, with prices starting at INR 59 lakhs. The development carries MahaRERA approval under registration number P51700077224.
Situated 1,000 feet above sea level, Belle Vue commands views of the Sahyadri hills, valleys, and forests, with a climate that includes misty monsoons, cool winters, and breezy summers year-round. The property features 40% open spaces adorned with native flowering and fruit trees and is close to Igatpuri and various tourist attractions.
The project is designed in collaboration with Deepak Hiremath and Associates (DH&A), an architecture firm known for its approach to sustainable design, blending luxury with environmental responsibility. It features two state-of-the-art recreational clubhouses with multiple swimming pools, indoor and outdoor sports arenas, luxurious rooms, a restaurant, and a curated library.
In December 2025, Rustomjee announced the launch of two Net Zero Carbon Clubhouses at Belle Vue — the project's most visible sustainability milestone — which has been recognised by the Indian Green Building Council (IGBC) with a Carbon Net Zero Certification (Design) for its clubhouses and allied services. The clubhouses are designed to be fully powered by solar energy, with passive ventilation strategies, energy-efficient HVAC systems, and green roofs that follow the natural slope of the landscape; construction has been guided by a Green Procurement Policy favouring eco-labelled and Green-Pro certified materials to minimise embodied carbon.
Strategically located in the hill station of Kasara, just 98 km from Mumbai and 79 km from Thane, Belle Vue benefits from connectivity via the Mumbai-Nashik Highway, Kasara Railway Station, and the Samruddhi Expressway. Kasara Railway Station is just 2 km away, offering direct suburban train connectivity to Mumbai CSMT.
Kasara benefits from a pollution-free environment due to a designated Green Industry Zone, a low Air Quality Index, and pleasant weather all year round. The area is emerging as a sought-after investment destination, thanks to its strategic location between Mumbai and Nashik and proximity to major infrastructure projects like the Mumbai-Nashik Highway logistics hub and the proposed MIDC at Khardi.
The upcoming expansion of Kasara Railway Station and the 8-lane Mumbai-Nashik Highway are expected to further reduce travel times to the city. These infrastructure commitments matter because they directly affect the value of plots in a second-home market where accessibility is the primary purchase trigger.
Rustomjee's chairman Boman Irani framed the rationale at launch: Kasara benefits from significant government investment in infrastructure, enhancing its appeal, and the opportunity caters to diverse needs — from second homes to vacation retreats — blending luxury with nature and making land ownership more attainable in a promising region.
Starting at ₹68 lakh, plots in Kasara represent a substantially more accessible ticket size compared with Lonavala or Alibaug, where land values often exceed ₹1.5–2 crore. In the wider MMR, Karjat, Neral, and Shahapur — the belt in which Kasara sits — are established plot-buying destinations among Mumbai buyers.
With infrastructure expanding, investors anticipate annual appreciation of 8–12%, comparable to early-stage Thane growth, and growing weekend-stay demand supports short-term rental income potential. The difference Belle Vue introduces into this market is developer branding: most alternatives in the belt are from local or regional builders without a comparable track record of delivered projects across Mumbai.
The group has developed projects across prominent locations such as Bandra, Juhu, Borivali, Kandivali, Virar, and Thane, addressing both urban and suburban housing demands. Kasara extends that geographic arc eastward into the Sahyadri foothills — a distinct terrain and buyer type from the group's existing urban portfolio.
A key focus of the Rustomjee Group has long been residential townships and gated communities that combine modern design, functional layouts, and lifestyle amenities. Belle Vue transfers that township template to a hill-station setting: gated perimeter, clubhouse anchors, landscaped common areas, and internal road networks — the same operational model the group has applied in Dahisar, Kandivali, and Borivali, now at altitude in Thane district.
Beyond the project itself, Kasara is emerging as a real estate hotspot supported by a proposed MIDC at Khardi, a logistics hub, and reported upcoming hospitality brands catering to the growing demand in the area. For buyers, that means Belle Vue sits within a location where institutional development momentum — not just weekend-home sentiment — is beginning to build.