Kalpataru has signed a large cluster redevelopment project comprising of five adjacent societies in Ashok Nagar, Kandivali East, Mumbai (Ashokgram Cluster). The project spans around 2.8 acres of prime land with a free sale potential of around 0.37 msf carpet area and estimated Gross Development Value (GDV) of around Rs 1,250 crore.
Building on its deep roots in Kandivali East where Kalpataru has already delivered six landmark developments - namely Kalpataru Jharokha, Kalpataru Vatika, Kalpataru Gardens, Kalpataru Tower, Kalpataru Avenue and Kalpataru Vienta; this project further reinforces its leadership and presence in the locality. With a legacy spanning more than five decades, Kalpataru stands as a pioneer in Mumbai’s redevelopment landscape. Following the announcement of a significant Rs 1,400 crore redevelopment project in Andheri East earlier this March, the company continues to expand its portfolio and strengthen its presence within Mumbai’s key micro-markets.
Kalpataru is part of the Kalpataru group. The group operates in various sectors, including EPC contracting for power transmission and distribution, oil and gas, railways, civil infrastructure projects, warehousing and logistics, and facility management.
