RUSTOMJEE LONAVALA — New Project Coming Up in Lonavala, Lonavala

Rustomjee Enters Lonavala Market with Residential Villa and Plot Offering

Keystone Realtors Limited, operating under the Rustomjee brand, has announced a residential development in Lonavala featuring villa plots and bungalows. The project reflects the developer's expansion beyond its core Mumbai and Thane footprint into hill-station markets.

Project Overview

Rustomjee Lonavala offers spacious villas, stylish bungalows, and well-designed plots within a natural setting. The development targets homebuyers seeking properties outside metropolitan density while maintaining connectivity to major urban centers.

Location and Market Context

Lonavala is positioned as a serene yet connected city with access to shopping centers, schools, and essential infrastructure. The hill station has emerged as an active market for residential development, with major corporate training centers operated by companies such as L&T and Tata Group already established there, with several leading Pune and Mumbai-based developers launching projects in recent years.

Developer Track Record

Established in 1995, Rustomjee has delivered over 230 landmark buildings housing more than 17,000 families across Mumbai. The developer has delivered gated communities and townships in the Greater Mumbai and MMR region with state-of-the-art amenities and construction quality.

Keystone Realtors Limited (the legal entity operating Rustomjee) generated revenue of ₹2,280 crore for the financial year ending March 31, 2024, reflecting the company's scale in the Mumbai metropolitan region.

Strategic Expansion

Rustomjee is developing projects in upcoming suburbs including Thane, Bhandup, Bandra, Dahisar, Khopoli, and Dombivali. The Lonavala offering extends this diversification strategy into secondary markets within Maharashtra, aligning with broader demand patterns in non-metropolitan residential hubs.