&w=3840&q=100)
Need to serve all asset classes across MMR: Keystone Realtors CMD
Boman Irani said that the company will launch a senior living project, get into data centers and will divest 3.35 per cent to meet Sebi norms to partially fund capex
Mumbai
Listen to This Article
Despite a moderation in the demand for housing across the Mumbai metropolitan region (MMR), city-based Keystone Realtors, which operates the Rustomjee brand, expects growth to double over the next three to four years. Boman Irani, chairman and managing director, Rustomjee Group, in a face-to-face interview with Prachi Pisal, tells that the company will launch a living project for seniors, get into data centres and divest 3.35 per cent to meet Sebi norms, to partially fund capex. Edited excerpts:
What does FY26 look like for the company compared to FY25?
We have tied up 22 projects worth about Rs 17,800 crore
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
37 minutes ago
- India.com
Mukesh Ambani earned his Bachelor's degree from..., its UG, PG fee structure ranges from Rs...
Mukesh Ambani earned his Bachelor's degree from..., its UG, PG fee structure ranges from Rs... Mukesh Ambani, Chairman and Managing Director, Reliance Industries, announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology, Mumbai, from where he graduated in the 1970s. Ambani spent over three hours on Friday at the institute (ICT), which back then was called the University Department of Chemical Technology (UDCT). He was there to attend the function to publish Professor MM Sharma's biography titled 'Divine Scientist'. He also reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Prof. Sharma later played a role of quiet architect of India's economic reforms. Prof, reported news agency ANI. RIL Chairman and Managing Director, Mukesh D. Ambani, is a chemical engineer from the Institute of Chemical Technology, Mumbai (erstwhile the University Department of Chemical Technology, University of Mumbai). He is one of the richest individuals in India and Asia. According to the official website of the Institute of Chemical Technology, Mumbai, established on October 1, 1933 as University Department of Chemical Technology (popularly called UDCT) of the University of Bombay (now Mumbai), with the noble intention of advancing India's knowledge reserves in chemical science and technology, the Institute has grown to become a premier (deemed) university devoted to education, training, research and industrial collaboration in chemical engineering, chemical technology, applied chemistry, pharmacy, biotechnology and bio-processing. In November 2017, the National Assessment and Accreditation Council (NAAC) Committee visited ICT and graded with A++ CGPA of 3.77 out of 4. ICT has been ranked amongst the top ten Engineering Institutes of India and 19th amongst the top universities in the country. The university offers different undergraduate, postgraduate, and Phd courses. But do you know its fee structures? The candidates admitted during 2025-26 are required to pay fees as prescribed by the State government (subject to revision by the State Government). The institutional fees to be paid by all the admitted candidates are as follows. These are only indicative figures and are likely to be changed: According to the 2025-26 Handbook of the Institute of Chemical Technology, Mumbai, for postgraduate courses such as M. Chem. Engg., M. Tech., M. Pharm., and M.E. (Plastic Engineering), the fee structure is as follows: Library Deposit (one-time): Rs 5,000 Academic Fees: Rs 62,750 Other Fees (including contingency): Rs 38,250 Total Fees: Rs 1,06,000 Second Year Fees: Rs. 1,01,000/- *Note: Contingency amount for Masters students admitted under various fellowships will be as per the norms of respective sponsoring funding agencies. Fee Structure for Ph.D. Programmes at ICT for the Academic Year 2025–26: Library Deposit (one-time): Rs 5,000 Academic Fees (1st Year): Rs 51,250 Other Fees (including contingency): Rs 45,000 Total (1st Year): Rs 1,01,250 From the second year onwards, the annual fee is Rs 96,250.
Hans India
an hour ago
- Hans India
JK Cement buys stake in J&K-based Saifco
JK Cement has completed the acquisition of a majority 60 per cent stake in Jammu & Kashmir-based Saifco Cements for Rs 150 crore, formalising a joint venture with the company. This makes the JK Organisation group firm as the first major cement manufacturer to set up manufacturing operations in Srinagar, signalling a step towards regional economic empowerment, according to a joint statement. As per the shareholders' agreement between the company and its promoters, JK Cement will acquire management control and hold 60 per cent of the paid-up capital of Saifco. 'The investment of Rs 149.81 crore would be paid to the existing promoters of Saifco and also to Saifco for acquisition of 60 per cent equity capital of Saifco,' it said. Following this, Saifco Cements has become a subsidiary of JK Cement with immediate effect. Moreover, the 'board of the Saifco shall be re-constituted and three persons nominated by the company will be appointed as additional directors on the board of Saifco and two directors will continue to represent the existing promoter and promoter group of Saifco,' it said. Incorporated in 1997, Saifco has an integrated plant in Khonmoh (Srinagar) and is manufacturing OPC with a clinker capacity of 0.26 MnTPA and a grinding capacity of 0.42 MnTPA. Its turnover for 2024-25 was at Rs 73.17 crore. JK Cement Managing Director Raghavpat Singhania said, 'We are pleased to welcome the Saifco Cements family into the JK Cement family. The Jammu & Kashmir market has untapped potential for local manufacturing, and with our combined expertise, we aim to transform the region and ensure benefits for the communities.'
Hans India
an hour ago
- Hans India
Kadamba Single-malt wins award in US
The modern whisky boom has demonstrated time and again that world class examples of the liquid can hail from all corners of the globe. If you want exceptional single malt, for example, you no longer need to rely on Scotland. Notable offerings now flow out from every corner of the world including Goa, India. Kadamba Indian single-malt has recently bagged 'Gold' at 2025 ASCOT Awards—a yearly competition in America. 'We're ecstatic to receive Gold award from an organization as highly regarded as the ASCOT Awards,' says Dr Mohan Krishna Balivada, founder of Cheers group and world's first alco-bev marketing doctorate. ASCOT (American Spirits Council of Tasters) Award judges are trained, experienced, long-time spirits professionals. Entries are blind-tested and graded based on a series of criteria relating to appearance, aroma, taste, and finish. By receiving the 'Gold' winner distinction from the judges, Kadamba Single-malt whisky has advanced towards globally recognized whisky, once again. 'This recognition inspires our team to continue creating innovative Single-malt whiskies that top the exceptional spirits globally. We believe that creating world-class single-malt whiskies are as much an art as a science,' says Ashwin Balivada CEO of Cheers group who mastered Business Management from Cambridge University UK. Valued at Rs 850 crore, Cheers Group has won over 250 national and international awards for its luxury spirits portfolio, including the acclaimed Kadamba Single Malt series and Scotch offerings - such as Labrodog 12-Year-Old and Labrodog Decade Scotch whisky. The ASCOT Awards honors distillers and marketers globally whose work is truly exceptional and deserving of industry recognition. The awards are divided into Marketing + Design and Taste Competitions. Kadamba Indian single-malt whisky was hugely praised by the judging panel at the ASCOT Awards 2025, many of the judges chose this as their favorite.
