RERA01 Jan 2026

Rustomjee Sewri (Vista Bay, Sewri West) Receives MahaRERA Registration, Valid from January 1, 2026

Rustomjee Sewri Achieves MahaRERA Registration

Incorporated in 1995, Keystone Realtors Limited (operating as Rustomjee) has secured MahaRERA registration for its residential project in Sewri West, Mumbai. The registration, effective from January 1, 2026, carries validity through January 31, 2031. The Keystone Realtors, doing business as Rustomjee, is a Mumbai-based developer with a substantial track record in residential and mixed-use development across the metropolitan region.

Project Location and Market Context

Sewri is Mumbai's emerging lifestyle destination. With its creative community, beachfront charm, metro connectivity, and vibrant café culture, Sewri offers modern living with authentic neighborhood character. Sewri sits at the starting point of India's longest sea bridge—the 21.8 km Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu. Opened in January 2024, this engineering marvel has transformed Sewri from an industrial pocket to a prime waterfront address.

Travel times to Navi Mumbai have dropped from 90 minutes to just 20 minutes, with direct connectivity to the upcoming Navi Mumbai International Airport expected to further boost property values. Sewri enjoys excellent connectivity through major roads and public transport networks, allowing residents to conveniently access key business districts, educational institutions, healthcare facilities, and commercial centres across Mumbai.

Developer Footprint and Scale

Keystone Realtors has established 20.22 million square feet of high-value and reasonable residential structures, townships, corporate parks, premium gated estates, iconic landmarks, retail spaces, schools, and various other real estate development. In its recent fiscal performance, In FY26, Rustomjee's collections grew by 13 per cent YoY to ₹2,621 crore. The company launched seven projects with a gross development value (GDV) of ₹9,813 crore in FY26.

The developer operates across multiple submarkets in Mumbai. The company's four ongoing projects in Mumbai are all centered around luxury or premium housing in Bandra West. Additionally, Keystone Realtors plans expansion into Pune, Nagpur, and Nashik.

About the Registration

MahaRERA registration is a regulatory requirement for all residential and commercial projects in Maharashtra. Under the Real Estate (Regulation and Development) Act 2016, all residential and commercial projects above 500 sq mt of land or with more than 8 apartments must be registered with MahaRERA before any marketing or sales activity.

Registered developers are legally bound to deliver on time and as promised, developers must deposit 70% of collected funds in an escrow account, project details, approvals, layout, and completion timeline are publicly disclosed, and buyers can file complaints directly with MahaRERA for delays or defects.

The RERA certificate for this project is available on Rustomjee's official domain for buyer verification.

Sewri's Emerging Status

Previously regarded mostly as South Mumbai's industrial region, Sewri has recently emerged as a real estate hotspot, thanks to a slew of promising infrastructure improvements and a number of new residential projects by reputable developers, like Rustomjee. Top developers including Shapoorji Pallonji, L&T Realty, Lodha Group, Rustomjee, Peninsula Land, and Dosti Group have active projects in the area.

The protected Sewri mudflats attract thousands of migratory flamingos each winter (October-March), while the 17th-century Sewri Fort (Grade I Heritage) adds historical charm. New developments feature unobstructed harbour views across Thane Creek—a perspective unavailable in congested western seafronts.

Related: RUSTOMJEE VISTA BAY

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