✦ AI Summary
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ay need a retirement corpus of ₹2.5 crore to ₹6 crore to live comfortably for 25 to 30 years, depending on city, healthcare needs, housing format and level of care. Recurring monthly expenses in ownership-led communities are cited at ₹30,000 to ₹60,000 in affordable projects and ₹1 lakh to ₹2 lakh or more in premium ones. Rents range from ₹20,000 to ₹45,000 in affordable communities to over ₹2 lakh in luxury residences. The origin of these monthly ranges is not stated.
The affordability question also sits within Mumbai’s wider housing market. Readers can explore Mumbai’s housing affordability and redevelopment plans for broader context on the region’s housing constraints.
Keystone Realtors’ Q2 FY27 Numbers
Keystone Realtors, which develops and sells projects under the Rustomjee brand, recorded its highest quarterly pre-sales of ₹1,423 crore in Q2 FY27, up 84% from ₹772 crore a year earlier.
Pre-sales for H1 FY27 rose 11% year on year to ₹2,041 crore, about 41% of full-year guidance. Collections fell to ₹541 crore in Q2 from ₹669 crore, and H1 collections were ₹1,141 crore against ₹1,245 crore. The company added two projects in H1, with 1.41 million sq ft of saleable area and estimated gross development value of ₹547 crore. None of these results has been linked to the senior living evaluation.
What Is Still Unclear
Several details have not been disclosed:
- A launch timeline
- Specific land parcels or locations in MMR
- The size of any investment
- The name of a prospective partner
What Happens Next
No next step has been announced. The group says it is open to going alone or partnering, and it has not finalised the investment, pipeline or structure.
Ans 1. It is evaluating senior living as a new residential segment. Chairman and MD Boman Irani said the group is open to developing independently or with a partner, but has not finalised the investment, pipeline or structure.
Ans 2. Irani said MMR has the possibility of more than 5,000 senior living homes. This is his estimate, not a launch target.
Ans 3. The report does not say so. It describes the group as evaluating the segment.
Ans 4. The report cites about 25,050 organised units as of June 2026. ASLI-JLL expects about 74,000 by 2030, while Colliers projects around one lakh.
Ans 5. The report names DLF (The Aureva, Gurugram), Signature Global (sector 37D, Gurugram) and Ashiana Housing.
Ans 6. ₹1,423 crore in Q2 FY27, up 84% from ₹772 crore a year earlier, according to the report.
Ans 7. The report cites monthly expenses of ₹30,000 to ₹60,000 in affordable ownership projects and ₹1 lakh to ₹2 lakh or more in premium ones, and rents of ₹20,000 to over ₹2 lakh. Its source for these ranges is not named.