India, March 24 -- Mumbai-based Rustomjee Group, also known as Keystone Realtors, has launched a new residential project in Dombivli, located in the Thane district near Mumbai. The project, Urban Woods, features 873 units and boasts a gross development value (GDV) of Rs.1,800 crore.

The development will offer a mix of 1, 2, and 3 BHK residences spread across multiple phases. The project's first phase includes launching four towers comprising 873 units.

"Dombivli is emerging as a promising residential hub. It offers an excellent price advantage to Thane and Mumbai while the infrastructure development for better connectivity ensures great appreciation," said Boman Irani, chairman and managing director of Rustomjee Group.

"As we do in all...