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.
Dr. Annie Besant Road
Worli, South Mumbai
