Mumbai, India — Justo Realfintech Limited, a technology-enabled, mandate-led real estate sales and execution platform, has announced the award of multiple residential sales mandates with a combined inventory value nearing ₹770 crore across Pune and the Mumbai Metropolitan Region (MMR). These appointments reflect an expanded footprint for the company in key housing markets of western India.
New Mandates Across Strategic Locations
The newly secured residential sales mandates span several prominent developments across Maharashtra:
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MMR: Justo has been appointed sales mandate holder for Royal Pristo in Malad East, as well as Gaurav Excellency, Gaurav Woods – Phase 2, and Gaurav Enclave in Mira Road East.
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Pune: The company will manage sales for Trio Alpha in Tathawade, a fast-growing residential micro-market in West Pune.
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Vasai & Virar: Justo has entered the Vasai East market with the mandate for Akhand and secured the Pebbles Magnolia project in Virar, a large-format residential development.
Collectively, these mandates amount to an inventory value near ₹770 crore and are expected to support the company’s revenue momentum, with estimated incremental revenue of about ₹20 crore across Q4 FY26 and FY27.
Company Strategy & Growth Focus
Justo Realfintech’s mandate-led business model focuses on partnering with developers to drive structured sales processes, leveraging technology, market intelligence and on-ground execution capabilities. The expanded mandate portfolio underscores the company’s strategic push into both established and emerging residential corridors across MMR and Pune.
Pushpamitra Das, Founder, Chairman & Managing Director of Justo Realfintech, highlighted that the appointments reflect developers’ increasing preference for partners who can deliver pricing discipline, sustained sales visibility and predictable absorption, rather than short-term volume spikes.
Real Estate Market Impact
Enhanced Regional Presence: The new mandates deepen Justo’s engagement across major western Indian housing markets, especially in high-velocity suburban belts such as Mira Road–Vasai–Virar.
Diverse Project Portfolio: With mandates across multiple projects and locations, Justo’s sales portfolio becomes more diversified, providing broader market reach.
Revenue Momentum: The anticipated revenue contribution of ~₹20 crore adds to the company’s execution-led growth strategy during the ongoing and upcoming fiscal periods.
Developer Confidence: The expansion of mandates signals strong developer confidence in the mandate-only execution model for residential sales.
