Corporate

Corporate

Our Story

Our Story

Kalpataru Group was established in 1969 by our chairman Mr. Mofatraj P.Munot. Kalpataru Limited, the flagship real estate company of the Kalpataru Group of companies, is one of the leading real estate development groups in India. The focus has been on the development of premium residential, commercial, retail, integrated townships, lifestyle gated communities and redevelopment projects primarily in the Mumbai Metropolitan Region (MMR) & Pune. The Group is also undertaking projects in other key cities such as Jaipur, Surat, Hyderabad and Chennai.

The Kalpataru Group has interests in real estate development, property and project management, engineering, procurement and construction (EPC) contracting for power transmission and infrastructure projects including road projects, warehousing and logistics.

The Group was one of the largest Civil Contracting firms in the Middle East, based in UAE, between 1974 and 1982, and has completed various successful projects including residential properties, commercial, religious establishments and other projects. From constructing innovative buildings to developing futuristic infrastructure, Kalpataru Group has developed more than 80 landmarks till date.

Vision & Values

Vision

"To be a brand that is admired as an industry leader for its thoughtfully designed high quality innovative lifespaces, is recognized for its customer and people practices and is acknowledged for fostering long term relationship with stakeholders"

Values
  • Business Ethics
  • Quality
  • Prudence
  • Humility
  • Respect
  • Pride
Chairman's Message

Chairman's Message

What had started as a vision to be a brand that is admired as an industry leader is now a reality with Kalpataru Limited. Today we are recognised for various landmarks across the length and breadth of Mumbai. Over the last four decades, Kalpataru Limited has developed a strong foothold across Mumbai Metropolitan Region & Pune and is well-known for its thoughtfully designed & high quality innovative life spaces.

Our credo of 'No Compromise' has come a long way embedding our strong commitment to highest standards of excellence and ethics. It motivates innovation and people development, which in turn lead to superior quality products and services. It has also resulted in creating projects at par with international standards and maximum customer satisfaction. The philosophy of developing different properties in terms of their design, construction and environmental sustainability has culminated in creating numerous landmark projects across residential, commercial and retail in the city of Mumbai, Thane & Pune.

We are proud to be amongst the founding members of the Indian Green Building Council, which is actively involved in promoting the green building concept in India with a vision to serve as a single point solutions provider and facilitator for green building activities in India. With business ethics, quality, prudence, humility, respect, pride at the forefront, we are happy to be recognized for our customer practices and acknowledged for fostering long term relationships with stakeholders.

— Mr. Mofatraj P. Munot

Leadership Team

Mr. Mofatraj P. Munot

Mr. Mofatraj P. Munot

Chairman, Kalpataru Group

Mr. Mofatraj Munot is the Founder, Promoter and Chairman of the Rs. 6,300 crore (US $1.2 billion) Kalpataru Group.

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Mr. Mofatraj P. Munot

Mr. Mofatraj P. Munot

Chairman, Kalpataru Group

Mr. Mofatraj Munot is the Founder, Promoter and Chairman of the Rs. 6,300 crore (US $1.2 billion) Kalpataru Group.

He is a man of exemplary vision and enterprise, having led an Indian company four decades ago to international shores and having proven the competency and capabilities of the Indian housing and infrastructure field. Today, the Group, under his leadership and guidance, has diversified in to real estate development, engineering, procurement & construction (EPC) in power transmission, civil contracting & infrastructure, property & facility management and logistics & warehousing services with operations in over 32 countries across continents.

It is under Mr. Munot's mentorship that Kalpataru Group has emerged as one of the country's foremost real estate developers, with 15 million sq.ft. of projects executed and another 25 million sq.ft. under various stages of development. His undying passion for scaling greater heights and setting even higher standards have resulted in the Group gaining a strong brand equity, with a reputation for consistently developing landmark projects and award-winning addresses. The company is guided by his philosophy of focusing on customers, emphasis on high quality construction, passion for innovation, commitment to ethics, and following an open organization culture. As the chief mentor of the Group, Mr. Munot has inspired his team to do the same and continues to motivate them by lending his expertise in charting out a robust growth strategy for all the Group companies.

Mr. Munot has received numerous accolades and awards for the Group's achievements and his outstanding contribution to real estate sector. He was recently adjudicated 'Infrastructure Person' of the Year at Construction Week India (CWI) Awards 2012. He continues to be on various committees and has been the President of Maharashtra Chamber of Housing Industry (MCHI) and currently is on their advisory board.

Mr. Mofatraj Munot is a passionate philanthropist and is the founder of the Munot Foundation, a public charitable trust formed in 1988, which focuses on community engagement and runs corporate service programs on specific societal issues in areas like environment, community development healthcare and education. The Group also runs a specialty diagnostic and treatment center under the name of Kalpaseva Arogya Kendra in Gandhinagar which caters to patients from across Gujarat.

Mr. Parag M. Munot

Mr. Parag M. Munot

Managing Director, Kalpataru Limited

Mr. Parag Munot is the Managing Director of Kalpataru Limited, the flagship real estate company of Kalpataru Group.

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Mr. Parag M. Munot

Mr. Parag M. Munot

Managing Director, Kalpataru Limited

Mr. Parag Munot is the Managing Director of Kalpataru Limited, the flagship real estate company of Kalpataru Group. Kalpataru is recognized for creating many landmark and innovative developments over last 43 years particularly in city of Mumbai.

An alumnus of the Carnegie Mellon University, United States, he has been a catalyst in the changing landscape of the Group. Today, under his leadership, Kalpataru has transformed into one of the largest privately held real estate and property groups in India. Mr. Munot has close to 20 years of experience in real estate and property development. He is also Director on the Board of Kalpataru Power Transmission Limited, a company listed on the NSE and BSE.

His undying passion for scaling greater heights and setting even higher standards has resulted in the company gaining strong brand equity. The Group continues to be recognized and awarded with national and international accolades.

Mr. Munot firmly believes that for an organization to be a market leader, it must be customer focused. He has inculcated a culture of excellence and innovation within the company, which has given its people a competitive edge. His focus on integrating the needs of the consumers and the environment has led the Group in implementing industry leading design processes and sustainable practices. Being an avid follower of technological innovations, for the benefit of its people and customers at large, Mr. Munot was the first in the real estate industry to adopt ERP as early as 1995 and continues this pioneering drive by adopting SAP across the Kalpataru Group. An avid photography enthusiast during his spare time, Mr. Parag Munot also loves to travel and explore exotic destinations.

Mr. Anuj Munot

Mr. Anuj Munot

Director, Commercial, Kalpataru Limited

An MBA & Chartered Accountant by qualification, Anuj Munot has risen to become Director - Commercial with Kalpataru Limited.

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Mr. Anuj Munot

Mr. Anuj Munot

Director, Commercial, Kalpataru Limited

An MBA & Chartered Accountant by qualification, Anuj Munot has risen to become Director - Commercial with Kalpataru Limited at a young age, and has infused the company’s operations with his dynamism and professional approach.

Since 2002, when he joined Kalpataru, his keen business acumen has helped the company in exploring new avenues and venturing into new vistas. Passionate and ambitious in his approach, he has inspired and led a strong team of professionals while maintaining multi-fold growth of the company year-on-year at all times.

Through his keen insight and multi-tasking abilities, he has galvanised the procurement, contracts, interior designing, IT and administration functions entrusted to him by the company, and has developed forward looking business strategies for the organisation. Under Anuj's guidance, Kalpataru has one of the earlier real estate developers in India to extensively implement sustainable and environmentally responsible design concepts in the residential and commercial developments. In addition, Kalpataru is also a founding member of Indian Green Building Council which is actively involved in promoting the green building concept in India.

Methodical by nature with a drive for excellence, Anuj’s association with the Kalpataru Group has added tremendous value to the company's portfolio.

Mr. Suhas R. Merchant

Mr. Suhas R. Merchant

Director, Kalpataru Limited

He has been associated with Kalpataru Group since 1976. He is a gold medalist and holds a Bachelor’s Degree in Civil Engineering.

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Mr. Suhas R. Merchant

Mr. Suhas R. Merchant

Director, Kalpataru Limited

He has been associated with Kalpataru Group since 1976. He is a gold medalist and holds a Bachelor’s Degree in Civil Engineering.

He is also a rank holder in Master of Technology (Structures) from the Indian Institute of Technology, Powai-Mumbai. Prior to joining Kalpataru he has worked with Tata Consulting Engineers and has also been an entrepreneur.

Mr. Satish R. Bhujbal

Mr. Satish R. Bhujbal

Director, Kalpataru Limited

Mr. Satish Rajaram Bhujbal is the Director and heads the Execution Department. He has been associated with us since 1995.

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Mr. Satish R. Bhujbal

Mr. Satish R. Bhujbal

Director, Kalpataru Limited

Mr. Satish Rajaram Bhujbal is the Director and heads the Execution Department. He has been associated with us since 1995.

He holds a Bachelor’s Degree in Civil Engineering, University of Pune 1976, a Post-Graduation Bachelor’s Degree in General Law, University of Pune as well as a Master's Degree in Economics from the University of Pune. Prior to joining us, he had been associated as Business Associate of Aquarius Group.

Mr. Narendra Kumar Lodha

Mr. Narendra Kumar Lodha

Director, Sales & Marketing, Kalpataru Limited

Mr. Narendra Kumar Lodha is the Director of Sales & Marketing. He has been associated with us since 1988.

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Mr. Narendra Lodha

Mr. Narendra Kumar Lodha

Director, Sales & Marketing, Kalpataru Limited

Mr. Narendra Kumar Lodha is the Director of Sales & Marketing. He has been associated with us since 1988. He is a Chartered Accountant and was associated with M/S Khandelwal Jain & Co. prior to joining Kalpataru.

Mr. Sachin A. Kanitkar

Mr. Sachin A. Kanitkar

Director, Projects, Kalpataru Limited

Mr. Sachin A. Kanitkar is the Director of Projects. He started his career with Kalpataru and has grown with the organization from a trainee to a senior position since 1983.

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Mr. Sachin A. Kanitkar

Mr. Sachin A. Kanitkar

Director, Projects, Kalpataru Limited

Mr. Sachin A. Kanitkar is the Director of Projects. He started his career with Kalpataru and has grown with the organization from a trainee to a senior position since 1983. He holds a Diploma as well as a Bachelor’s Degree in Civil Engineering.

Mr. Chandrashekhar G. Joglekar

Mr. Chandrashekhar G. Joglekar

Senior Vice President, Finance, Kalpataru Limited

He has been associated with Kalpataru since 2004. He holds a Chartered Accountant (FCA) Degree and is a Certified Information Systems Auditor from ISACA, USA.

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Mr. Chandrashekhar G. Joglekar

Mr. Chandrashekhar G. Joglekar

Senior Vice President, Finance, Kalpataru Limited

He has been associated with Kalpataru since 2004. He holds a Chartered Accountant (FCA) Degree and is a Certified Information Systems Auditor from ISACA, USA. Prior to joining Kalpataru, he was associated with Fem Care Pharma Ltd., Mumbai.

Mr. Bavneesh Y. Gulati

Mr. Bavneesh Y. Gulati

Senior Vice President, Human Resource, Kalpataru Limited

He has been associated with Kalpataru since 2007. He holds a Masters Degree in Economics and Business Administration with specialization in Personnel & Marketing field.

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Mr. Bavneesh Y. Gulati

Mr. Bavneesh Y. Gulati

Senior Vice President, Human Resource, Kalpataru Limited

He has been associated with Kalpataru since 2007. He holds a Masters Degree in Economics and Business Administration with specialization in Personnel & Marketing field. Prior to joining Kalpataru, he was associated with RPG Enterprises.

Mr. Jayant S. Mavlankar

Mr. Jayant S. Mavlankar

Deputy President, Group Assurance, Kalpataru Limited

He has been associated with us since 2012. He holds a Chartered and Cost Accountancy Degree and has completed the Certified Internal Auditor and Certified Information Systems Auditor's programs from Information Systems Audit & Control Association.

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Mr. Jayant S. Mavlankar

Mr. Jayant S. Mavlankar

Deputy President, Group Assurance, Kalpataru Limited

He has been associated with us since 2012. He holds a Chartered and Cost Accountancy Degree and has completed the Certified Internal Auditor and Certified Information Systems Auditor's programs from Information Systems Audit & Control Association. Prior to joining Kalpataru, he was associated with Essar.

Mr. Jayant C. Oswal

Mr. Jayant C. Oswal

Head – Pune, Hyderabad and Nagpur, Kalpataru Limited

He has been associated with Kalpataru since 2011. He holds a Bachelor's Degree in Civil Engineering as well as a Post Graduate Diploma in Construction Management from NICMAR.

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Mr. Jayant C. Oswal

Mr. Jayant C. Oswal

Head – Pune, Hyderabad and Nagpur, Kalpataru Limited

He has been associated with Kalpataru since 2011. He holds a Bachelor's Degree in Civil Engineering as well as a Post Graduate Diploma in Construction Management from NICMAR. Prior to joining Kalpataru, he was associated with Shapoorji Pallonji & Co. Ltd. He has also been a part of Kalpataru Group between 1985 and 2005.

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Group Companies

Group Companies

Kalpataru Power Transmission Ltd.

Kalpataru Power Transmission Limited is a Leading Turnkey Player in power (transmission - India and overseas / generation / distribution / construction), infrastructure (oil & gas sector / railways / building & factories / roads & bridges) and asset creation (transmission system / roads / logistics & warehouse), with a presence across India and in more than 30 countries globally.

Kalpataru Power Transmission Limited is a listed entity of Kalpataru Group. It continues to explore development projects in various infrastructure sectors. The company is currently executing / supplying to several customers in Africa, the Middle East, Far East, Australia, USA and Canada.

Link to website: www.kalpatarupower.com

JMC Projects (India) Ltd.

JMC Projects (India) Ltd. is a leading contracting company undertaking civil & structural work for commercial & residential buildings, industrial, infrastructure and power plant projects at various locations in India.

Founded in 1982, JMC Projects (India) Ltdis one of the leading civil contracting companies in India. It has a strong workforce of professionally qualified construction managers, engineers and supervisors backed by latest construction equipment's & technologically advanced work environment. The company's strength has been its commitment to the timely completion of projects with due emphasis on project management, quality & safety. Armed with the technical expertise gained through a varied range of executed projects, it can take up any challenging and fast track project. The corporate office for JMC projects (India) is located in Ahmedabad with other regional offices at Bangalore, Delhi, Hyderabad, Kolkata, Mumbai and Raipur.

With a proven track record of completing prestigious projects within the scheduled time and quality parameters to the customer's satisfaction, it is one of the few construction companies certified under ISO 9001:2008 quality system ISO 14000: 2004 Environmental Management and BS OHSAS 18001:2007 Occupational Health & Safety.

Link to website: www.jmcprojects.com

Property Solutions India Pvt. Ltd.

Property Solutions India Pvt. Ltd. (PSIPL) was established in 2000. It is one of the India's largest indigenous companies in Project Management & Development (PMDS) and Integrated Facility Management Services (IFMS).

At PSIPL, a large pool of intellectual resources along with incisive industry expertise ensures that the requirements of clients from diverse sectors like IT-ITES, BPO/KPO, real estate, BFSI, healthcare, pharmaceutical, retail, education, residential, manufacturing and media are met.Applying an integrated approach, it provides end-to-end, value added services with a constant endeavour to move up the value chain.

PSIPL has ambitiously ventured and added industrial and institutional food and catering to its portfolio of services.Its uncompromising approach towards quality has been recognised and acknowledged by itsclients. The ISO 9001:2008 and OHSAS 18001:2007 certifications are a testament to the company’s quest for quality and safety.

Link to website: www.psipl.co.in

Shree Shubham Logistics Limited

Shree Shubham Logistics Limited (SSLL) an ISO 9001 & 22000 Certified Company is a subsidiary of Kalpataru Power Transmission Limited (KPTL). SSLL was created to serve the needs of agri-commodity storage sector with the best practices and infrastructure in ambient and temperature controlled warehouses across major markets in India.

With a pan India presence, it offers end-to-end logistics solutions to all commodity stakeholders and provides services encompassing storage & preservation, commodity funding, collateral management, testing &certification, fumigation & pest management, commodity procurement, trading & exports and branded commodities. SSLL has developed 12 state-of-the-art Agri-Logistics Parks (ALPs) in Rajasthan & Gujarat in the first phase. The second phase will be spread across Madhya Pradesh, Maharashtra & South India.

Link to website: www.ssll.in

Innovations

Innovations

Kalpataru Square at Andheri

Asia's 1st and the world's 6th building to get Platinum Level Certification LEED - Core & Shell by US Green Building Council.

Kalpataru Horizon at Worli

1st residential floor starts at the 14th level so that every flat gets a sea view.

Kalpataru Habitat at Parel

The city's first address to have an independent car park building and sports facilities like golf putting green, basketball court & a tennis court atop it.

Kalpataru Synergy at Santacruz (E)

The 1st commercial building with triple basement parking.

Swapnalok at Napean Sea Road

Mumbai's first address offering stepped row houses with private terraces.

E3 Home

First to create E3 Homes. Besides the 2 regular sized bedrooms, E3 Homes provide a smaller size room, that can be used as a study, pooja or storage room.

Awards

Mid-Segment Residential Project

Mid-Segment Residential Project

Kalpataru Gardens has been awarded the best 'Mid-Segment Residential Project' (national level) at the CNBC Awaaz Real Estate Awards 2012

CII Award

CII Award

Kalpataru Limited has received 'Commendation for Strong Commitment to Excel' at the CII-EXIM Bank Award for Business Excellence, 2012.

Platinum Award of Excellence

Platinum Award of Excellence

Kalpataru Group has been awarded "Platinum Award of Excellence" at the 7th Construction World Architect & Builder Awards 2012.

Infrastructure Person of the Year

Infrastructure Person of the Year

Mr. Mofatraj P. Munot has been awarded as the "Infrastructure Person of the Year" at the Construction Week India Awards 2012.

Developer of the Year - Commercial

Developer of the Year – Commercial

Kalpataru Limited won the award for "Developer of the Year – Commercial" at The Realty Plus Excellence Awards 2012.

Best Leisure Development, India

Best Leisure Development, India

Kalpataru Aura Clubhouse has won the award for "Best Leisure Development, India" at the Asia Pacific Property Awards 2012.

Mid-Segment Residential Project

Best Retail Interiors, India

Korum has won the award for "Best Retail Interiors, India" at the Asia Pacific Property Awards 2012.

Sensational Successor of the Year

Sensational Successor of the Year

Parag Munot has been awarded "Sensational Successor of the Year" at The Future Herald Awards by Star Realty, 2012, a part of Planman Media.

Residential Project of the Year

Residential Project of the Year

Kalpataru Aura won the award for "Residential Project of the Year" at The Real Estate Awards 2012 by Stars of the Industry Group.

Luxury Project of the Year

Luxury Project of the Year

Kalpataru Pinnacle won the award for “Luxury Project of the Year” at The Real Estate Awards 2012 by Stars of the Industry Group.

Landscape – Commercial

Landscape – Commercial

Kalpataru Square was awarded the Concrete Awards 2011 for "Landscape – Commercial" at the DSK Artist.

Best Commercial Mall

Best Commercial Mall

Korum Mall awarded Concrete Award 2011 for "Best Commercial Mall" at the DSK Artist.

Space planning – Commercial

Space planning – Commercial

Kalpataru Square received the Concrete Award 2011 for "Space planning – Commercial" at the DSK Artist.

Infrastructure Person of the Year

Eco Friendly Project of the year

Kalpataru Square was awarded Commercial Property Excellence in the “Eco Friendly Project of the year” category at the Property Awards 2011.

Residential Project of the Year

Residential Project of the Year

Kalpataru Aura – Phase I was awarded Special Jury Commendation in the “Residential Project of the Year” at Construction Week India Awards 2011.

Best Residential Real Estate Developer 2011

Best Residential Real Estate Developer 2011

Kalpataru Limited was awarded the "Best Residential Real Estate Developer 2011" in Indian Subcontinent - World Finance Real Estate Awards 2011.

Commercial Architecture

Commercial Architecture

Kalpataru Square won a Citation award in the "Commercial Architecture" category - FuturArc Green Leadership Award 2011.

Emerging retailer of the year (Real Estate)

Emerging retailer of the year (Real Estate)

The Korum Mall was awarded the "Emerging retailer of the year (Real Estate)" at the The Asia Retail Congress Awards 2011.

Best Design (shopping centers & arcades)

Best Design (shopping centers & arcades)

The Korum Mall was awarded the "Best Design (shopping centers & arcades)" at The VMRD Awards 2011.

Employer of the year in Real Estate

Employer of the year in Real Estate

Kalpataru Limited won the "Employer of the year in Real Estate" award at The Realty Plus Excellence Awards 2011.

Developer of the year – Residential

Developer of the year – Residential

Kalpataru Limited was awarded the “Developer of the year – Residential” award at The Realty Plus Excellence Awards 2011.

Excellence in Commercial Segment (Eco-friendly Initiative)

Excellence in Commercial Segment (Eco-friendly Initiative)

Kalpataru Square received the award for "Excellence in Commercial Segment (Eco-friendly Initiative)" at The Economic Times ACETECH 2010 Real Estate Awards.

India’s Top Builders

India's Top Builders

The Kalpataru Group was rated among "India's Top Builders" by Construction World magazine in 2010.

Best Architecture (Multiple Units)

Best Architecture (Multiple Units)

At the Asia Pacific Property awards 2010 held in Hong Kong, Kalpataru Aura was awarded the "Best Architecture (Multiple Units)".

Best Office Development

Best Office Development

At the Asia Pacific Property awards 2010 held in Hong Kong, Kalpataru Square was awarded the "Best Office Development" award.

Best High-Rise Architecture, India

Best High-Rise Architecture, India

Kalpataru Towers won the "Best High-Rise Architecture, India" honour at the Asia Pacific Property Awards 2010.

Best Safety Practices

Best Safety Practices

Kalpataru Square was awarded the "Best Safety Practices" honour at the CNBC Awaaz Crisil Real Estate Awards 2009.

Best Retail Development

Best Retail Development

Kalpataru's Korum Mall won the "Best Retail Development" honour at the Asia Pacific International Property Awards 2009.

Best Overall Systems

Best Overall Systems

Kalpataru Limited won the "Best Overall Systems" award at CNBC Awaaz Crisil Real Estate Awards 2008.

Best High-Rise Architecture, India

Best High-Rise Architecture, India

Kalpataru Horizon was awarded the "Best High-Rise Architecture, India" at the CNBC Asia Pacific Property Awards 2008.

Artists in Concrete Awards

Artists in Concrete Awards

Kalpataru Properties Private Limited won a total of five awards at the Artists in Concrete Awards 2008.

Best Residential Property (1-10 Lakh sq. ft.)

Best Residential Property (1-10 Lakh sq. ft.)

Kalpataru Horizon was awarded the "Best Residential Property (1-10 Lakh sq. ft.)" by CNBC AWAAZ Crisil Real Estate Awards 2007.

Best Organisational Structure

Best Organisational Structure

Kalpataru Group received the "Best Organisational Structure" honour at CNBC AWAAZ Crisil Real Estate Awards 2007.

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CSR
The Kalpataru Group has always firmly believed in giving back to the community and accordingly has been consistently dedicating resources to do its part for the welfare of the people. Below are listed some of our corporate-social responsibility initiatives.
  • The Munot Foundation, a public charitable trust, created by the Chairman, Mr. Mofatraj Munot in September 1988 is instrumental in carrying out social and charitable work. Under the Foundation's auspices, numerous acts of charity have been carried out. The Munot Foundation has been organising regular Osteopathy Camps at Kalpataru Synergy in Mumbai.
  • Kalpataru undertakes regular drives involving beautification and maintenance of city roads and traffic islands to improve the cityscape throughout the city.
  • We have Mobile Crèches, organised by an NGO, at a number of our sites. These Mobile Crèches take care of the construction workers' children and educate them while their parents are at work at the site.
  • Kalpataru provides educational infrastructure and textbooks and notebooks for needy students. This is our way of trying to help improve the standard of living among the less privileged and give them a chance for a better tomorrow. We also help provide means of livelihood to the widows and senior citizens of our society.
  • We set up an electric substation to serve the towns of Nakshatrana and Khedoi in Gujarat after the 2001 earthquake.
  • We established a drinking water system for the city of Pipar and its surrounding areas in Rajasthan - a region that has suffered from chronic droughts.
  • We organised a Free Mobile Surgical and Eye Camp for the citizens of Pipar and its neighbouring cities. This camp was conducted for ten days, with a record of 45 doctors. We successfully treated approximately 9000 people at this camp.