RUSTOMJEE OCEAN VISTA — RERA Registered, Previously RUSTOMJEE VERSOVA

Project Name Change: Ocean Vista Replaces Versova Branding

Keystone Realtors Limited, founded in 1995, is a prominent real estate developer in the Mumbai Metropolitan Region, operating under the Rustomjee brand. The developer has now rebranded its Versova project, shifting from the name Rustomjee Versova to Rustomjee Ocean Vista. The development itself, its location, configuration, and regulatory status remain unchanged—only the marketing name has been updated.

Location and Regulatory Status

The project is located on Versova Marg, Versova, Andheri West, Mumbai. It is registered under RERA number P51800076673, confirming compliance with Maharashtra Real Estate Regulatory Authority oversight.

The project connects to Mumbai through Versova Metro Station (1.1 km on the Versova-Andheri-Ghatkopar metro line), the Juhu-Versova Link Road (1.8 km), and Andheri West Station (4.7 km). Nearby landmarks include DMart at 1.1 km and Infiniti Mall at 3.4 km.

Beachfront Position and Neighborhood Character

Versova, nestled along Mumbai's western suburb of Andheri West, is a captivating residential neighbourhood full of urban energy and coastal tranquility. Its sandy shores beckon with the allure of the Arabian Sea, offering a serene escape amidst the bustling cityscape. With its creative community, beachfront charm, metro connectivity, and vibrant café culture, Versova offers modern living with authentic neighborhood character.

Project Specifications

The development features lavish beachfront residences spread across 24 storeys. The project offers 3BHK residences (1326 sqft) and 4BHK homes (2394 to 2521 sqft). Pricing for units in Rustomjee Ocean Vista ranges from ₹9.17 Cr to ₹45.34 Cr.

Developer Track Record

As of March 31, 2022, Keystone Realtors had 32 completed projects, 12 ongoing projects, and 19 forthcoming projects across MMR, and has developed 20.05 million square feet of high-value and affordable residential buildings, premium gated estates, townships, corporate parks, retail spaces, schools, iconic landmarks, and various other real estate projects. Their portfolio currently includes two very large townships, residential spaces, office complexes, retail developments, spaces for healthcare and education spread across Prabhadevi, BKC Annex, Khar, Off Juhu Circle, Kandivali, Borivali, Virar and Thane.

The company achieved Rs 4,022 crore in pre-sales for FY25, a 33% year-on-year increase. Strong project launches and business development fueled this growth.

Market Context

Rustomjee Ocean Vista leads the market alongside Godrej Skyshore and Raheja Versova Island with modern amenities, sea views, and strategic locations near metro stations. Projects like Rustomjee Ocean Vista, Raheja Versova Island, and Lotus Amalfi offer stunning Arabian Sea views with premium balconies and deck areas.