Bengaluru, July 2 -- The shares of a Mumbai based real estate company,engaged in construction and development projects across India rose 10% after being selected for a Rs 3,000 crore cluster redevelopment project in Andheri West involving 8 housing societies.

With a market capitalization of Rs 8,233 Crores, the share price of Keystone Realtors Limited was trading almost 10% up to hit an intraday high of Rs 688.00 per share from its previous closing price of Rs 625.90 per share.

Keystone Realtors Ltd (Rustomjee Group) has been chosen by 8 housing societies for a large-scale cluster redevelopment project in Andheri West (Lokhandwala), Mumbai.

The project spans 4.75 acres and is expected to generate a Gross Development Value (GDV) of arou...