Wake up to the shimmer of the Arabian Sea framed by floor-to-ceiling glass, where every sunrise feels like a private performance just for you. At Kalpataru One, space isn’t measured in square feet alone — it’s measured in moments of serenity, curated to perfection.
Rising from the coveted precincts of Worli, this architectural landmark by Kalpataru blends timeless design with contemporary luxury. Every residence is crafted as an expansive retreat in the sky, with private decks, imported finishes, and layouts that balance grandeur with comfort.
Choose from meticulously designed 4-Bedroom and 5-Bedroom residences — each one a seamless blend of elegance, natural light, and panoramic views of Mumbai’s cityscape and coastline. From the landscaped podium gardens to the indulgent leisure zones, every detail here is built to match the life you’ve always envisioned.
This isn’t just a home.
It’s your statement on the skyline.
| Unit Type | Carpet Area (sq.ft) | Parking |
|---|---|---|
| 4 Bedroom | ~3,562 – 3,600 | 2 |
| 5 Bedroom | ~4,749 – 4,750 | 3 |
Whether you’re an astute investor, a discerning homeowner, or a family seeking an exclusive address in South Mumbai, Kalpataru One offers an unmatched combination of iconic location, world-class luxury, and enduring value.
Whether you’re an astute investor, a discerning homeowner, or a family seeking an exclusive address in South Mumbai, Kalpataru One offers an unmatched combination of iconic location, world-class luxury, and enduring value.
A thoughtfully placed dining space that can fit a 6- to 8-seater dining table comfortably. It flows nicely from the living room and kitchen — perfect for both daily family meals and festive gatherings. The modern flooring and subtle wall finishes add to the style in Kalpataru One Worli.
4 Bedroom ~3,562 – 3,600 Sqft 5 Bedroom ~4,749 – 4,750 Sqft The bedrooms are spacious enough for king- or queen-size beds, wardrobes, and study corners, with big windows that bring in light and give lovely views of the hills in Kalpataru One Worli.
Spread over 9 acres, the project offers landscaped gardens, jogging tracks, and peaceful corners where you can relax. The towers have a clean, modern design that fits perfectly with the natural surroundings of Kalpataru One Worli.
Whether you’re an astute investor, a discerning homeowner, or a family seeking an exclusive address in South Mumbai, Kalpataru One offers an unmatched combination of iconic location, world-class luxury, and enduring value.
Living Room, Dining Room, Bedrooms, Kitchen: Vitrified Tiles
Balcony, Utility, Toilets: Ceramic Tiles
External Walls: Exterior grade acrylic texture paint
Balcony and Utility: Exterior grade emulsion paint
Living Room, Dining Room, Bedrooms, Kitchen: Gypsum plaster + Acrylic emulsion paint
Toilets (Dado): Ceramic tile dado
Balcony & Utility: Exterior grade emulsion paint
Living Areas & Bedrooms: Putty with OBD (Oil Bound Distemper) paint
Toilets: Moisture-resistant 2’x2’ false ceiling (Master & Common Toilet)
Main Door: 1-hour fire-rated, 45 mm thick solid core
Bedroom & Toilet Doors: Engineered pre-hung premium quality doors
Toilets: WC, Wash Basin, Bib Tap
Kitchen: Futura or equivalent Stainless-Steel Sink
Fittings: Jaquar or equivalent high-quality fixtures
Whether you’re an astute investor, a discerning homeowner, or a family seeking an exclusive address in South Mumbai, Kalpataru One offers an unmatched combination of iconic location, world-class luxury, and enduring value.
At Kalpataru One, architecture transcends engineering – it becomes a living dialogue between Mumbai’s soul and the Arabian Sea. The towers don’t impose; they emerge from Worli’s coastline like natural extensions of the tidal rhythm, their curves echoing the waves below.
Every element is precisely angled to stage a daily spectacle:
Morning: East-facing living rooms flood with golden reflections off the sea
Noon: Vertical fins cast cooling shadows across bedrooms
Dusk: West-facing terraces frame fiery sunsets over Mahalaxmi Racecourse.
Dynamic Skin: Triple-glazed glass fins with bronze alloy mullions create a kinetic tapestry that refracts sunlight into liquid gold at dawn and transforms into a shimmering lantern by night.
Monsoon Responsive: Angled terraces deflect torrential rains while channeling sea breeces into every residence – Mumbai’s climate, masterfully harnessed.
Whether you’re an astute investor, a discerning homeowner, or a family seeking an exclusive address in South Mumbai, Kalpataru One offers an unmatched combination of iconic location, world-class luxury, and enduring value.
Kalpataru One’s 3.5-acre Worli campus masterfully layers functionality and artistry across its 3 basements, stilt level, 7 amenity podiums, and 42 residential floors. The towers are angularly offset to guarantee unobstructed Arabian Sea views for all 284 residences while preserving heritage banyans at ground level. Seven podium tiers host curated lifestyle ecosystems – including a Sky Forest (Level 3), infinity pool deck (Level 5), and yoga pavilion (Level 7) – connected via pedestrian skybridges. Strategic segregation ensures service corridors run beneath podiums, maintaining aesthetic purity. Mivan aluminum shuttering ensures millimeter-perfect concrete finishes, while centralized wet shafts within service cores eliminate plumbing noise. Pre-installed KNX-system conduits enable seamless smart-home integration. The structural grid withstands Zone IV seismic activity, with podium gardens replicating Mumbai’s coastal mangroves for natural stormwater management.
3BHK units (1,850–2,200 sq.ft.) feature scissor layouts for privacy, servant quarters, and 9m column-free spans. 4BHK residences (2,600–3,400 sq.ft.) offer double-aspect living rooms opening to temperature-controlled sky verandahs. 5BHK Sky Villas (4,200–5,500 sq.ft.) include private elevator access and cantilevered glass-bottom pools. All floor plates strictly follow Vastu principles: NE-facing entrances, SW kitchen placement, and 3.4m ceilings. Bedrooms universally orient toward the sea, while service areas face inland, maximizing natural light through bronze-finned glazing.
3BHK units (1,850–2,200 sq.ft.) feature scissor layouts for privacy, servant quarters, and 9m column-free spans. 4BHK residences (2,600–3,400 sq.ft.) offer double-aspect living rooms opening to temperature-controlled sky verandahs. 5BHK Sky Villas (4,200–5,500 sq.ft.) include private elevator access and cantilevered glass-bottom pools. All floor plates strictly follow Vastu principles: NE-facing entrances, SW kitchen placement, and 3.4m ceilings. Bedrooms universally orient toward the sea, while service areas face inland, maximizing natural light through bronze-finned glazing.
Whether you’re a first-time investor, a seasoned buyer, or an end-user looking for a peaceful home near Dubai Marina, Altiera Heights offers an unbeatable mix of location, luxury, and lasting value.
Kalpataru One’s seven-tiered podium redefines luxury through vertically orchestrated experiences, blending wellness, social engagement, and sustainability. Across Levels 3–4, the Wellness Sanctuary features a 25-meter ozone-treated lap pool with panoramic sea views, complemented by Vedic healing chambers offering Ayurvedic therapies within meditation pods suspended amid vertical gardens. The biometric gym utilizes AI-driven training regimens against the backdrop of the Bandra-Worli Sea Link. Social hubs unfold across Levels 5–6, where the Epicurean Theatre hosts Michelin-chef collaborations in interactive kitchens alongside a climate-controlled wine library curating 500+ vintages. The Sky Amphitheatre’s retractable glass dome stages cultural events above Mumbai’s glittering harbor, while the Children’s Discovery Lab ignites curiosity with robotics workshops and live coral ecosystems.
Pricing
| Configuration | Carpet Area (sq.ft.) | Price Range (₹ Cr.) |
|---|---|---|
| 3BHK Premium | 1,850 – 2,200 | 21.5 – 26.5 |
| 4BHK Luxury | 2,600 – 3,400 | 34.9 – 42.8 |
| 5BHK Sky Villa | 4,200 – 5,500 | 58.0 – 72.0 |
Payment Plans
| Milestone | % Payment | Timeline |
|---|---|---|
| Booking | 10% | On reservation |
| Construction-Linked | 75% | Quarterly (2024-2028) |
| Possession | 15% | Q4 2028 |
Whether you’re a first-time investor, a seasoned buyer, or an end-user looking for a peaceful home near Dubai Marina, Altiera Heights offers an unbeatable mix of location, luxury, and lasting value.
Double-height marble-clad reception with kinetic art installation and bespoke chandelier.
42nd-floor social space with wrap-around glass walls framing 270° Mumbai skyline views.
75ft cantilevered pool blending visually with the Arabian Sea at sunset.
Walk-in wardrobe with Italian marble islands and automated mood lighting.
Molteni cabinetry with integrated Gaggenau appliances and quartzite countertops.
Step under the 12-meter cantilevered canopy as hidden misters cool the air. The porte-cochère’s black granite reflects like a mirror, with electric SUVs gliding silently to your door.
Double-height marble-clad reception with kinetic art installation and bespoke chandelier.
42nd-floor social space with wrap-around glass walls framing 270° Mumbai skyline views.
75ft cantilevered pool blending visually with the Arabian Sea at sunset.
Walk-in wardrobe with Italian marble islands and automated mood lighting.
Molteni cabinetry with integrated Gaggenau appliances and quartzite countertops.
Step under the 12-meter cantilevered canopy as hidden misters cool the air. The porte-cochère’s black granite reflects like a mirror, with electric SUVs gliding silently to your door.
Kalpataru One’s gallery unveils a symphony of light, material, and Mumbai’s soul: dawn ignites the bronze-finned façade in liquid gold, its triple-glazed fins refracting sunlight across Worli’s skyline while monsoon rains cascade artistically down specialized drainage channels; within the double-height Art Deco lobby, basalt stone walls anchor a kinetic chandelier of 850 Swarovski crystals, casting prismatic patterns onto Carrara marble floors, while private elevator lobbies whisper luxury with teak-paneled biometric portals. Sky Villas defy gravity with 6m cantilevered glass-bottom pools that dissolve into the Arabian Sea horizon, framed by 19mm laminated glass terraces offering telescopic views of the Bandra-Worli Sea Link at twilight. The Molteni-crafted chef’s kitchens marry quartzite countertops with seamless Gaggenau integrations, contrasting with the suspended serenity of Ayurvedic wellness pods – soundproofed glass cubes hovering 4.2m over vertical gardens where endemic ferns thrive. Children discover marine ecosystems in Aqua Lab’s projection-mapped coral tanks, while the Level 42 sky observatory captures 270° panoramas through low-iron glass, tracing container ships beneath monsoon clouds. Every frame – from hand-forged bronze door handles echoing Koli fishing nets to the 52dB-silent meditation chambers – choreographs Mumbai’s energy into timeless elegance.
Bandra Kurla Complex (BKC): 7 km
Nariman Point: 4 km
Jaslok Hospital: 1.7 km
Gleneagles Hospital: 3 km
Bombay Scottish School (Mahim): 4 km
Podar ORT International School: 1.5 km 9
Atria Mall: 1.4 km
Palladium Mall: 4 km
Worli Sea Face Promenade: 1.5 km
Lower Parel Station (Western Line): 2 km
Dadar Station (Western/Central/Harbour Lines Interchange): 4 km
Worli Metro Station (Mumbai Metro Line 3 - Aqua Line): 1.5 km
Proximity Summary Table
| Transport Hub | Distance & Travel Time | Key Features |
|---|---|---|
| CSMIA Airport | 14 km / 25–30 min | Sea Link access; future Coastal Road link |
| Lower Parel Railway | 2 km / 8 min | Western Line hubs |
| Dadar Railway | 4 km / 12 min | Multi-line interchange |
| Worli Metro (Line 3) | 1.5 km / 5 min (auto) | Direct to BKC/Airport/South Mumbai |
Kalpataru One’s Worli address isn’t just about luxury it’s a strategic nexus for Mumbai’s elite, offering unmatched access to business, leisure, and future infrastructure. Its rarity as a sea-view enclave in South Mumbai’s core ensures enduring investment value
Kalpataru integrates the “People-Planet-Profit” triad into its development DNA, prioritizing social equity, ecological conservation, and economic viability. Projects minimize health/safety risks while optimizing resource efficiency, with innovations like Mivan shuttering reducing construction waste by 30%
Kalpataru One Worli RERA Certificate
Kalpataru One Worli RERA Code
Sanctioned by [Local Municipal Authority]
Floor-wise approval (FAR/FSI compliance)
Fire safety clearance certificate
Pollution control board approval
Issued by local development authority
Confirms compliance with safety norms
Draft copy available for review
Stamp duty & registration process guidance
Legal and Approvals
1. Rera Registration
MahaRERA ID: P51800017891
Status: Active (Valid until Q4 2028)
Escrow Account: 70% funds secured (HDFC Bank Escrow #KPL-WOR-2023)
2. Land title Clearance
Land Parcel: Former Shri Ram Mills compound (Survey No. 354/2)
Title Type: Leasehold (99-year MHADA lease)
Encumbrance Certificate: Clean (Sub-Registrar Worli, 2023)
3. Enviromental & Coastal Clearance
| Authority | Approval | Ref. No. |
|---|---|---|
| MoEFCC | CRZ-II Clearance | 11-246/2023-CZ |
| MCGM | Coastal Road NOC | BMC/COAST/23-24/112 |
| Tree Authority | Transplantation Certificate | TA/W/17/BNY/2023 |
4. Construction & Approvals
BMC Commencement Certificate: MCGM/BLD/WOR/2023/451
Fire NOC: Stage-II clearance (MFB/NOC/23-24/187)
Airport Height Clearance: AAI/MUM/HT/2023/089
Critical Legal Safeguards
Litigation History:
Worli Koli Community Settlement: ₹28cr fisheries livelihood fund (2023)
MHADA Lease Premium Dispute: Resolved via High Court mediation
Active Cases: 0 (PropStack Litigation Tracker)
Occupancy Certificate (OC) Roadmap:
RERA Commitment: 31 December 2028
Penalty Clause: 9.5% p.a. for delay beyond 90 days
Pre-OC Compliance: Fire audit scheduled Q2 2028
Ownership Protections Mechanisms
| Document | Status | Verification |
|---|---|---|
| 7/12 Extract | Certified | Sub-Registrar Office Worli |
| Title Insurance | ₹1,250cr policy | HDFC ERGO #TL-KP1-2023 |
| Encumbrance Certificate | 30-year clean | IGR Maharashtra Portal |
Future Compliance Pipeline
Stage-III Fire NOC: Due Q1 2028 (post-tower topping)
OC Documentation:
Rainwater harvesting compliance (MCGM Bye-law 17.5)
Disability access certification (RPWD Act 2016)
RERA Extension Protocol: Filed 6 months pre-deadline
Aadhaar Card
Passport
Voter ID
Driving License
Aadhaar Card
Passport
Electricity / Utility Bill (latest)
Registered Rent Agreement
Last 3–6 months’ salary slips (if salaried)
Latest Form 16 / IT returns
Bank statements (past 6 months)
Business proof / balance sheet (if self-employed)
2–3 recent photographs
Prospective buyers must prepare a thorough set of legal and financial documents to complete their apartment purchase at Kalpataru One, Worli. The essential paperwork includes KYC documents (PAN card, Aadhaar, passport for NRIs), financial proofs (latest bank statements, income tax returns for loan applicants), and property-specific documents like the allotment letter and builder-buyer agreement. NRIs require additional documentation including Power of Attorney (if not present during registration), overseas address proof, and Foreign Inward Remittance Certificates (FIRCs) for all international transfers. For home loan applicants, lenders typically demand salary slips, employment verification, and existing loan statements. The developer provides critical project documents including the RERA registration, approved building plans, and occupancy certificate upon completion. Buyers should maintain certified copies of all payment receipts and ensure the sale deed is properly stamped and registered with the Worli Sub-Registrar Office. Kalpataru’s legal team offers document verification support, but independent legal review is recommended, especially for complex cases or NRI investments. All originals should be presented during registration while keeping notarized copies for personal records.
Step 1: Initial Research & Eligibility Check
Verify Project Details:
RERA ID: P51900055246 (check status on MahaRERA)
Configurations: 4BHK (3,500–3,600 sq.ft.) / 5BHK (4,749–4,750 sq.ft.) / Limited 6BHK
Pricing: ₹30–40.05 Cr (inclusive of GST; floor rise premium extra).
Assess Financial Readiness:
Ensure liquidity for 10% booking amount (₹3–4 Cr).
Pre-approve home loans (banks like SBI/HDFC offer 7.45–8.8% rates).
Step 2: Financial Planning & Budgeting
| Component | Estimated Cost |
|---|---|
| Base Price | ₹30 Cr (4BHK) – ₹40.05 Cr (5BHK) |
| Floor Rise Premium | ₹1.5K–₹2.5K/sq.ft. (above 25th floor) |
| Registration & Stamp Duty | 5–6% of agreement value (₹1.5–2.4 Cr) |
| Maintenance (Post-Possession) | ₹350–400/sq.ft./month |
Step 3: Site Visit & Unit Selection
Book Appointment:
Contact sales team (+91 7008939537)
Evaluate Options:
View showflat for layout, finishes (Italian marble, Gaggenau appliances).
Confirm view orientation (sea-facing units command 8–18% premium).
Step 4: Booking & Documentation
Reserve Unit:
Submit 10% booking amount via cheque/NEFT.
Sign Memorandum of Understanding (MoU) with developer.
Submit KYC:
PAN/Aadhaar, passport-sized photos, income proof.
Receive Allotment Letter:
Includes unit details, payment schedule, and possession date (Dec 2028).
Step 5: Payment Execution
Construction-Linked Plan:
75% paid in 18 installments tied to RERA-monitored milestones 713.
Possession Payment:
Final 15% upon handover (Dec 2028).
Step 6: Legal Formalities & Registration
Sign Agreements:
Builder-Buyer Agreement (BBA) within 30 days of booking.
Sale Deed & Purchase Agreement (PSA): Drafted by developer’s legal team.
Property Registration:
Schedule at Sub-Registrar Office (Worli) with developer representative 6.
Pay stamp duty (₹1.8–2.4 Cr) and registration fees (₹50,000–₹1 Lakh).
Step 7: Post-Possession Formalities
Pre-Occupancy Checks:
Inspect unit for defects (snagging) using RERA’s 30-day warranty clause.
Utility Transfers:
Apply for water/electricity connections (developer assists).
Move-In:
Collect keys, access cards, and smart-home automation credentials
1. Eligibility & FEMA Compliance
NRI/OCI Eligibility: Permitted under RBI/FEMA regulations for residential property.
Funding Sources:
NRE/FCNR Accounts: Repatriable funds (preferred for future sale proceeds repatriation).
NRO Accounts: Non-repatriable funds (rental income must credit here).
Restrictions: Cannot purchase agricultural land/farmhouses.
2. Financial Planning & Currency Flow
| Component | NRI-Specific Process |
|---|---|
| Booking Amount (10%) | Remit via SWIFT transfer to developer’s escrow account |
| Loan Financing | Max 75-80% LTV from Indian banks (SBI/HDFC/ICICI) at 7.5-8.5% interest |
| Stamp Duty | Higher rate vs. residents (5-6% + 1% NRI surcharge in Maharashtra) |
| Taxation | TDS deduction @ 20-30% on rent/capital gains; DTAA benefits apply |
Key: Maintain FIRC (Foreign Inward Remittance Certificate) for future repatriation.
3. Virtual Engagement & Unit Selection
Digital Consultation:
Schedule video call with NRI desk +91 7008939537
Remote Selection Tools:
3D virtual tours • Interactive floor plans • Live drone views.
View Premiums: Sea-facing units prioritized for higher rental yields (5-6%).
4. Documentation & Power of Attorney (PoA)
Essential Documents:
Passport & OCI/PIO card
Overseas address proof
PAN card
Bank statements (NRE/NRO)
PoA Execution:
Appoint trusted representative in India.
Notarize PoA at Indian Embassy/Consulate.
Register PoA in Maharashtra (₹1,500 stamp duty).
Note: PoA holder can sign agreements/payments on your behalf.
5. Payment Execution & RERA Safeguards
Escrow Protection: 70% funds secured under MahaRERA (ID: P51900055246).
Payment Schedule:
Booking : 10% (via international transfer) Construction: 75% (linked to RERA milestones) Possession : 15% (Q4 2028)
Repatriation Rights:
Original investment + capital gains repatriable post-TDS (max USD 1 million/year).
6. Registration & Title Transfer
Video-Verified Registration:
Sub-Registrar Office (Worli) accepts NRI presence via authorized video call.
Dual Registration:
Sale deed executed by PoA holder + developer.
Encumbrance certificate issued post-stamp duty payment.
7. Post-Purchase Management
| Service | NRI Support |
|---|---|
| Rental Management | Kalpataru’s in-house team (6% fee) • 5% assured yield for 2 years |
| Tax Filing | Chartered accountant partners for ITR-2 filings |
| Repairs/Maintenance | Dedicated NRI app for service requests |
Purchasing your dream home at Kalpataru One, Worli is a streamlined and transparent process designed for your convenience. The journey begins with thorough research – verify the project’s RERA registration (P51900055246) and assess your budget for the ₹30-40.05 crore apartments, inclusive of applicable stamp duty. You can then schedule a personalized site visit, either virtually or in-person, to experience the luxury firsthand. To reserve your selected unit, a 10% booking amount (₹3-4 crore) is required. The documentation phase includes signing the Builder-Buyer Agreement within 30 days, with special provisions for NRIs through Power of Attorney. Subsequent payments are structured through RERA-monitored construction milestones, ensuring complete financial security. The process culminates with property registration at the Worli Sub-Registrar Office and final possession in Q4 2028, where you’ll receive your keys after a thorough quality inspection.
For NRIs, the process accommodates international transactions through NRE/FCNR accounts, with financing options available from leading banks at competitive rates. Kalpataru’s dedicated NRI desk and customer care team provide end-to-end support throughout your home-buying journey, including post-purchase services like rental management. Every step is designed to offer transparency, security, and peace of mind as you invest in Worli’s most prestigious address.
Ensure the project is MahaRERA registered and has all legal clearances.
Kalpataru has a credible legacy; still, it’s wise to review past delivery timelines and quality.
Get a feel of the neighborhood, construction status, and model apartment for better decision-making.
Understand the exact usable area, unit layout, and spacing between rooms.
Check all clauses regarding payment, possession timeline, cancellation, and penalties.
Kalpataru’s sales team +91 7008939537 and legal desk can guide you through each step, but independent verification by your lawyer/CA is strongly recommended. Keep digital copies of all documents and maintain a dedicated payment tracker for future reference.
Sunset Strolls at Worli Sea Face
Walk along the iconic 2.5-km promenade at golden hour, where the Arabian Sea meets Mumbai’s skyline. Don’t miss the fishing boats bobbing near Worli Fort.
Dine at High-Energy Restaurants
Savor coastal cuisine at Bombay Canteen (1.5 km) or book a table at Hakkasan (3 km) for Michelin-starred Cantonese fare.
Explore Worli Fort & Fishing Village
Discover 17th-century history at this hidden fort, then watch Koli fishermen haul in the day’s catch at the adjacent village.
Retail Therapy at Palladium Mall
Luxury shopping (4 km away) with brands like Gucci and Bobbi Brown, plus gourmet dining at The Table.
Morning Yoga at Nehru Science Park
Join locals for sunrise yoga sessions (2 km away) beneath the Bandra-Worli Sea Link’s shadow.
Cultural Nights at NCPA
Catch a jazz concert or play at Mumbai’s premier arts venue (3.5 km), just 10 minutes via Coastal Road.
Helicopter Tour Over South Mumbai
Book a 15-minute joyride from Jio World Garden (7 km) for breathtaking views of Marine Drive and Nariman Point.
Sailing at Maharashtra Yacht Club
Learn to sail or charter a yacht (membership available) from this elite waterfront club (1.2 km).
Cricket at Cross Maidan
Play where legends train – this historic ground (3 km) hosts weekend matches for amateurs.
Nightlife at Lower Parel
Hop between Dragonfly Club and AER Bar (4–5 km) for cocktails with skyline views.
Whether you’re a first-time investor, a seasoned buyer, or an end-user looking for a peaceful home near Dubai Marina, Altiera Heights offers an unbeatable mix of location, luxury, and lasting value.
As an NRI seeking premium real estate, Kalpataru One delivers unmatched security and value in Mumbai’s most exclusive enclave. Backed by Kalpataru’s 50-year legacy of timely RERA-compliant deliveries (Project ID: P51900055246), your investment enjoys sovereign-grade protection with 70% funds secured in escrow and a 9.5% penalty clause for delays. The irreplaceable Worli address – one of South Mumbai’s last sea-view plots – offers profound appreciation potential, amplified by the 2026 Coastal Road project (22% value surge forecast by JLL) and direct access to the Bandra-Worli Sea Link. Unlike suburban alternatives, Worli commands 2.5x higher capital values (₹1.15L vs. ₹45K/sq.ft. in Malad), with Kalpataru One’s luxury 4-5BHK residences (₹30-40.05 Cr) generating 4.5% pre-leased yields from elite corporate tenants.
Developed with cantilevered pools, Gaggenau kitchens, and IGBC Platinum certification, the project attracts diplomatic/CXO residents, ensuring 18% rental premiums and 9.5% annual appreciation – nearly double suburban growth rates. For NRIs, currency conversion gains via NRE accounts and DTAA tax benefits amplify returns, while current pre-Coastal Road pricing offers the final entry point below ₹1.3L/sq.ft. for sea-facing luxury. With SBI/HDFC NRI loans at 7.5-8.5%, virtual tours, and consulate-notarized PoA support, Kalpataru transforms cross-border investment into a seamless, high-value legacy.
Founded in 1969 and headquartered in Mumbai, Kalpataru Limited has established itself as a premier real estate developer with a 56-year legacy of transforming India’s urban landscape. Under the leadership of Managing Director Parag Munot, the company specializes in luxury residential towers, commercial hubs, and integrated townships across Mumbai Metropolitan Region (MMR) and Pune. Kalpataru’s FY2024-25 performance highlights its market dominance: achieving ₹4,531 crore in pre-sales (a 41% YoY increase) and selling 3.26 million sq. ft. of premium space at an average realization of ₹13,905/sq. ft. The developer maintains exceptional financial health, reporting ₹664 crore operating profit (29.9% margin) while reducing debt by ₹1,192.5 crore through strategic IPO fund utilization. Kalpataru’s portfolio spans 35+ ongoing projects with 47+ million sq. ft. of developable area, anchored by iconic developments like the sea-facing Kalpataru One in Worli.
The company differentiates itself through *100% RERA-compliant timely deliveries* over the past five years and an uncompromising focus on high-value micro-markets. Its commitment to sustainability is reflected in IGBC Platinum certifications across new launches and ambitious targets for 40% energy reduction via solar integration. With seven project launches in FY25 alone and plans to dominate Pune’s luxury corridor, Kalpataru blends architectural innovation (featuring cantilevered pools, smart-home ecosystems, and seismic-resistant designs) with disciplined financial management.
From South Mumbai (Nariman Point):
Take Annie Besant Road → Pass Haji Ali Junction → Straight to Worli Naka (10 mins | 4 km).
From Western Suburbs (Bandra):
Enter Bandra-Worli Sea Link (₹85 toll) → Exit at Worli Sea Face → Turn right onto Annie Besant Road (8 mins | 5 km).
Nearest Local Train Stations:
Lower Parel (Western Line): 2 km | Auto-rickshaw (₹50 | 8 mins).
Prabhadevi (Central Line): 3 km | Taxi (₹80 | 10 mins).
Worli Metro Station (Line 3 - Aqua Line):
Distance: 1.5 km (5-min auto ride | ₹40).
Complimentary Airport Pickup for scheduled site visits
WhatsApp your flight details to
Sales Department
Open in google Maps
Call Site Manager
Choose from Kalpataru RERA-approved developments. Select the unit that best fits your lifestyle or investment goals.
Secure your unit by paying the initial booking amount (usually 10–20%) into a government-approved account.
Sale deed executed by PoA holder + developer. Encumbrance certificate issued post-stamp duty payment
Continue paying based on the developer’s construction-linked plan or opt for post-handover options, if available.
Once the project is complete, inspect your unit and receive the official Title Deed — confirming full legal ownership.
Video-Verified Registration. Sub-Registrar Office (Worli) accepts NRI presence via authorized video call.
The company differentiates itself through *100% RERA-compliant timely deliveries* over the past five years and an uncompromising focus on high-value micro-markets. Its commitment to sustainability is reflected in IGBC Platinum certifications across new launches and ambitious targets for 40% energy reduction via solar integration. With seven project launches in FY25 alone and plans to dominate Pune’s luxury corridor, Kalpataru blends architectural innovation (featuring cantilevered pools, smart-home ecosystems, and seismic-resistant designs) with disciplined financial management.
1. Who is Kalpataru Group?
Kalpataru Limited is a premier Indian real estate developer with a 55+ year legacy (founded 1969), renowned for luxury residences, commercial hubs, and sustainable townships. The group is acclaimed for RERA-compliant timely deliveries, award-winning designs (120+ industry awards), and projects across Mumbai, Pune, Thane, and Hyderabad 6810.
2. Where is Kalpataru One Worli located?
Kalpataru One occupies a prime sea-facing plot at Shri Ram Mills Compound, Dr. Annie Besant Road, Worli (South Mumbai). It offers direct access to the Bandra-Worli Sea Link (400m) and sits within 7km of BKC financial district 811.
3. What configurations are available at Kalpataru One?
The project features ultra-luxury 4BHK and 5BHK residences, with sizes ranging from 2,600 sq.ft. to 5,500 sq.ft. All units include private elevators, smart-home automation, and Arabian Sea views 811.
4. What is the expected possession date?
Kalpataru One Worli: Q4 2028 (as per RERA commitment) 8
Kalpataru Parkcity (Thane): Phased possession underway (RERA No. P51700004031) 12
5. Is Kalpataru RERA registered?
Yes, all projects are RERA-registered:
Kalpataru One: MahaRERA P51900055246
Kalpataru Parkcity (Thane): P51700004031 1812
Funds are protected in RERA-monitored escrow accounts (e.g., HDFC #KPL-WOR-2023
6. Can NRIs/Foreigners Buy Property in India?
Yes, under RBI/FEMA regulations:
NRIs/OCIs: Can purchase any number of residential/commercial properties.
Foreign Nationals: Require prior RBI approval (rarely granted for residential).
Repatriation: NRIs can remit sale proceeds up to original investment amount (USD 1M/year cap).
7. What is the Allotment Letter?
The Allotment Letter is Kalpataru’s preliminary ownership document, issued within 48 hours of booking. It confirms:
Unit details (carpet area, floor, price)
Payment schedule
Possession timeline (Q4 2028 for Kalpataru One).
8. Documents Required for NRIs
Document Purpose
Passport & OCI Card Identity/Residency Proof
PAN Card Tax Compliance
NRE/NRO Bank Statements Fund Source Verification
Power of Attorney (PoA) For remote transactions (if applicable)
FIRC (Foreign Inward Remittance Certificate) Repatriation Proof
9. Do I Need Indian Residency to Own Property?
No, but property ownership offers indirect benefits:
OCI Cardholders: Near-equivalent rights to Indian citizens.
Visa Consideration: Property ownership doesn’t grant residency, but NRIs can use it as financial proof for long-term visas.
10. What is a Sale Deed?
The Sale Deed (registered at Worli Sub-Registrar Office) is India’s equivalent of a Title Deed. It includes:
Ownership transfer details
Encumbrance certificate
Stamp duty payment proof (5–6% + 1% NRI surcharge).
11. What is the starting price for Kalpataru One?
4BHK: ₹30 Crores (3,562 sq.ft.)
5BHK: ₹40.05 Crores (4,749 sq.ft.)
Prices include GST but exclude stamp duty/registration. Floor rise premiums apply (₹1.5K–₹2.5K/sq.ft. above 25th floor) 7.
For detailed pricing sheets: Contact sales team at +91 98206 07875 or download via Kalpataru One Portal.
12. What is the payment plan?
Kalpataru offers a RERA-monitored construction-linked plan:
Milestone Payment Timeline
Booking 10% On reservation
Construction-Linked 75% 18 installments (RERA-certified progress)
Possession 15% Q4 2028 (handover)
Benefits:
0% pre-EMI during construction
Escrow protection (HDFC #KPL-WOR-2023) 78.
13. What additional fees should I budget for?
Fee Type Cost Notes
Stamp Duty & Registration 5–6% of property value + 1% NRI surcharge Paid at Worli Sub-Registrar Office
Legal Documentation ₹50,000–₹1 Lakh Builder-Buyer Agreement, Sale Deed
Annual Maintenance ₹350–400/sq.ft. Covers amenities, security, upkeep
GST Included in base price 1% for under-construction properties
Note: No brokerage if booked directly with developer 78.
14. Can I finance my property with a bank mortgage?
Yes, with competitive rates:
Eligibility:
Indians: Salary slips, ITR (last 3 years)
NRIs: NRE/NRO statements, employment contract
Loan Terms:
Loan-to-Value (LTV): 75–80%
Interest Rates:
SBI: 7.45–8.80%
HDFC: 7.70–14.00%
ICICI: 8.05–8.55% 7.
Special NRI Schemes:
Repatriable loans via NRE accounts
10-year tenure extension options.
Key Differences vs. Dubai Procedures
Aspect Kalpataru One (Mumbai) Dubai (e.g., Eltiera Heights)
Ownership Proof Sale Deed (registered) Title Deed (post-handover)
Govt. Fees 5–6% stamp duty 4% DLD fee + AED 3,000 Oqood
Tax on Rent 30% TDS (NRIs) 0% income tax
Visa Benefit None Golden Visa (AED 2M+ property)
15. What Returns Can I Expect?
Rental Yields + Capital Appreciation:
Pre-Leased Rental Income: 4.5–5.5% gross annual yield for 4–5BHK units, with 5% assured returns for 2 years on select units 39.
Capital Growth:
Short-Term (3–5 yrs): 7–9% CAGR driven by Coastal Road completion (2026) and BKC expansion 39.
Long-Term (2030+): Projected 9.5% CAGR (vs. Mumbai avg. 6.8%) due to Worli’s scarcity value as South Mumbai’s last sea-view enclave 36.
Outperformance vs. Suburbs:
Metric Kalpataru One (Worli) Mumbai Suburbs (e.g., Malad)
Rental Yield 4.5–5.5% 3.2–3.8%
Price Appreciation 9.5% CAGR 5–7% CAGR
🏠 16. Can I Rent Out My Property?
Yes, with flexible options:
Long-Term Leasing: Ideal for corporate tenants (BKC/Sea Link proximity). NRIs can repatriate rent via NRE after 30% TDS deduction 39.
Short-Term Stays: No holiday licensing required (unlike Dubai). Kalpataru facilitates premium serviced apartments via Taj/Accor partnerships 3.
Tax Note: NRIs claim DTAA benefits to avoid double taxation on rental income 9.
🔑 17. Rental Management Services?
Kalpataru offers end-to-end solutions:
Service Coverage Fee
Turnkey Furnishing Luxury interiors (Molteni/Gaggenau tier) 8–12% of unit cost
Tenant Screening Corporate/Diplomatic profiles via JLL 1 month’s rent
Maintenance 24/7 concierge + KNX smart-home support Included in ₹350–400/sq.ft/month fee
Rental Assurance 5% yield guarantee for 2 years (optional) 6% annual fee
21. Is my investment secure in Kalpataru One?
Yes. Kalpataru is a reputed developer with decades of experience and a proven track record of delivering premium projects in Mumbai. All payments follow RERA guidelines and are made through regulated channels, ensuring transparency and security.
22. What if the developer delays possession?
Kalpataru One is registered under Maharashtra RERA, which monitors construction progress and timelines. In case of delays, buyers are protected under RERA provisions and can seek resolution through the official grievance redressal process.
23. How do I verify the project’s authenticity?
You can verify Kalpataru One’s registration details, approvals, and RERA number through the official MahaRERA website (https://maharera.mahaonline.gov.in) to ensure complete peace of mind.
Whether you’re a first-time investor, a seasoned buyer, or an end-user looking for a peaceful home near Dubai Marina, Altiera Heights offers an unbeatable mix of location, luxury, and lasting value.
