The Top 50 Real State & Infra Company- RANK 30, Kalpataru Group, Mofatraj Munot, Chairman
Mumbai-based Kalpataru Group has entered into a joint development agreement with pipe manufacturer Indian Hume Pipe to develop a 15-acre land parcel for a residential project in suburban Pune. Kalpataru will have 66% of the revenue from the project while the rest will go to Indian Hume Pipe, which will bear the conversion charges from industrial to residential use. Kalpataru will bear and pay all construction, development, marketing and selling costs and other project related costs.
In May, Kalpataru launched Kalpataru Magnus, an ultra-luxurious, multi-amenity residential project at Kalanagar in Bandra (East). It also unveiled one of the country’s largest and one of its kind real estate experience centres, Parkside Galleria, in Thane. Comprising 40,000 sq-ft of built up space, Parkside Galleria offers visitors an immersive experience into the various facets that go into the making of a Kalpataru Home – superior aesthetics, innovative design, class leading quality, sustainable construction practices and cutting edge building technologies.
In May, Kalpataru Limited launched Kalpataru Magnus, an ultra-luxurious, multi-amenity residential project at Kalanagar in Bandra (East).