Rustomjee's presence in Dadar Parsi Colony is anchored on Road No. 5, in the heart of the Mancherji Joshi Parsi Colony precinct of Dadar East. This is where Keystone Realtors Limited, the listed company that builds under the Rustomjee brand, has placed Rustomjee Yazarina — a project that sits inside one of Mumbai's few surviving planned, low-rise residential precincts rather than on its edges. For a developer whose portfolio spans the affordable to super-premium segments across the Mumbai Metropolitan Region, choosing this specific address says something about the kind of infill opportunity Dadar Parsi Colony still offers within a fully built-out city.
Rustomjee is a Mumbai based real estate company, founded by Boman Irani in 1995. Keystone Realtors Limited, the Rustomjee Group company, is a prominent real estate developer in the Mumbai Metropolitan Region. The company is listed as Keystone Realtors on the BSE and NSE. Over three decades, the group has built at scale rather than in isolated pockets: it has approximately 37 completed projects, 16 ongoing projects, and 28 forthcoming projects across the Mumbai Metropolitan Region. Its delivered work spans the affordable, mid and mass, aspirational, premium, and super premium categories, all under the Rustomjee brand.
Recent performance underlines the pace of that pipeline. The company achieved Rs 4,022 crore in pre-sales for FY25, a 33% year-on-year increase, and Keystone Realtors aims for Rs 10,000 crore in pre-sales by 2029-30. Elsewhere in Mumbai, the same brand has delivered Rustomjee Elements, a large gated community in Upper Juhu; Rustomjee Paramount in Khar; Rustomjee Seasons, a 3.82-acre gated community in Bandra Annexe; and Rustomjee Crown, a 5.75-acre high-end development of three towers at Prabhadevi in South Mumbai. On the sustainability side, its Thane township, Rustomjee Urbania, carries Indian Green Building Council certification, while the Natraj by Rustomjee commercial project is LEED certified. This is the balance sheet and design language a buyer in Dadar Parsi Colony is effectively buying into.
Rustomjee Yazarina is located on Road No. 5, Dadar Parsi Colony, Dadar East, Mumbai 400014, and is ready to move. The project offers 2 BHK and 3 BHK configurations, with 3 BHK units reported in the range of roughly 950 to 963 sq ft, priced from around Rs 4.8 crore upward depending on floor and phase. The apartments feature marble flooring, VRF air-conditioning, and smart home automation for a seamless lifestyle, along with views of Five Gardens and Wadia Park, FTTH connectivity, and security systems. The project's own positioning leans on what surrounds it rather than on height or density: it offers homes surrounded by greenery near Dadar Parsi Colony, in one of Mumbai's leafiest neighborhoods, with the four-storey character of the historic colony preserved just outside its gates.
Dadar Parsi Colony is not a generic Mumbai suburb — it is a designed precinct with a specific history. Officially known as Mancherji Joshi Parsi Colony, it is an urban planned residential precinct situated within Dadar, and unlike other Parsi enclaves in the city, it is not walled off or isolated from its surroundings. Dadar East carries an old-world charm through the presence of Hindu Colony and Dadar Parsi Colony, with the Mancherji Joshi Panch Udyan, or Five Gardens, and its tree-lined pathways close by. Institutions such as the Dadar Parsi Youth Assembly, J.B. Vachha High School, and the Dadar Athornan Institute sit within the same precinct, giving the area an established social fabric rather than one still under construction.
Connectivity is what turns this heritage character into a live-in advantage rather than a museum piece. Dadar sits on a rail interchange serving both the Central and Western suburban lines, keeping the locality relevant for households with work hubs across the city, and Mumbai Metro Line 3, the fully underground Colaba–Bandra–SEEPZ corridor, became fully operational on 8 October 2025, sharpening access to Bandra-Kurla Complex and Lower Parel from this address. The Eastern Express Highway and the approach to the Mumbai Trans Harbour Link add further reach toward Navi Mumbai. Hospitals in the immediate catchment — KEM, Tata Memorial, Hinduja, and Global Hospitals — sit within a short drive, reinforcing why families choose to stay put in this pocket rather than relocate outward as they upgrade homes.
Pricing in Dadar East has moved steadily rather than speculatively, which suits a precinct with fixed heritage building stock and limited fresh supply. Average flat rates in Dadar East stood around Rs 46,550 per sq ft, having moved 12.6% over the last one year and 22.5% over the last three years. That trajectory reflects genuine end-user demand in a locality where new construction is largely redevelopment-led rather than open-land development, which is precisely the model Keystone Realtors has built its Mumbai business on.
Yazarina is not Rustomjee's only engagement with this precinct. Just around the corner, Garden 6 is a residential project by Rustomjee and TREC Group, also located in Parsi Colony, Dadar East, conceived as a limited-inventory address of only 15 exclusive residences, one apartment per floor. Seen together, Yazarina and Garden 6 show a developer treating Dadar Parsi Colony as a considered, long-term micro-market rather than a one-off launch — consistent with a company that, per its own project count, keeps dozens of developments moving simultaneously across the Mumbai Metropolitan Region while continuing to add scale through its stated expansion into Pune, Nagpur, and Nashik.