UK’s Chestertons Enters India Real Estate Market, Eyes Mumbai’s Premium and Luxury Housing Segment
Mumbai: British property advisory firm Chestertons has entered the Indian real estate market through a strategic partnership with Mumbai-based Justo Realfintech Limited, launching operations under a newly incorporated wholly owned subsidiary, Chestertons India Private Limited.
Founded in London in 1805, Chestertons operates across more than 20 countries, offering services spanning residential and commercial advisory, capital markets, leasing, valuation, and cross-border transactions. The firm is also a founding member of the Royal Institution of Chartered Surveyors (RICS).
Under the arrangement, Justo Realfintech will retain its focus on mid-income housing properties priced between Rs 50 lakh and Rs 3.5 crore while Chestertons India will target premium and super-premium segments, including luxury residences, villas, and high-end developments. The new entity will additionally operate across commercial leasing, capital market advisory, hospitality services, and cross-border investment facilitation, drawing on Chestertons’ network across Europe, the Middle East, and Southeast Asia.
The entry is expected to expand access for global investors and non-resident Indians (NRIs) seeking exposure to Indian real estate.
Also Read:MHADA Lottery Offers Flats from ₹29 Lakh to ₹6.82 Crore
Chestertons India also plans to partner with Arbour Investments Private Limited for project management consultancy and development management services, subject to regulatory approvals.
Pushpamitra Das, Chairman and Managing Director of Justo Realfintech, described the launch as a strategic evolution toward a full-spectrum real estate services group with deeper presence in high-value segments. Mohamed Mussa, Managing Director of Chestertons Global, called India one of the most compelling growth markets globally, citing the partnership’s combination of international standards and local execution capability. Chirag Mehta, Director at Arbour Investments, said the collaboration would bring institutional credibility and on-ground experience across the development lifecycle.
Industry observers note the entry coincides with sustained demand momentum in Mumbai’s premium housing market, underpinned by rising incomes, infrastructure expansion, and growing global capital participation. The Mumbai Metropolitan Region has increasingly emerged as an institutional investment hub, supported by large-scale infrastructure projects and improved connectivity.