Kalpataru
Est. 1969 · Mumbai, Maharashtra · Listed (NSE / BSE) · Mumbai & MMR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Kalpataru?
Five-decade Mumbai stalwart with a design-forward portfolio from Parkcity Thane's 100+ acres to island-city towers; listed on NSE/BSE in July 2025 (₹1,590 Cr IPO at ₹414/share — verified).
110
Completed projects
25M
Sq ft delivered
25
Ongoing projects
—
Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 76% of towers delivered within 6 months of committed date.
At a glance
Kalpataru in Numbers
Kalpataru is a listed (NSE / BSE) developer founded in 1969, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 4.1/5 overall — dependable, with caveats — which ranks 25th of the 212 developers we profile and ahead of 87% of them. Its strongest area is construction quality (4.3/5) and its weakest is financial strength (3.8/5).
Benchmarking
How Kalpataru Compares
Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.
| Rating | Kalpataru | Mumbai & MMR average | Better than |
|---|---|---|---|
| Construction quality | 4.3/5 | 3.5/5 | 88% of developers |
| Delivery record | 3.9/5 | 3.3/5 | 88% of developers |
| Customer satisfaction | 3.9/5 | 3.3/5 | 86% of developers |
| Financial strength | 3.8/5 | 3.3/5 | 75% of developers |
| Trust | 4.1/5 | 3.5/5 | 83% of developers |
Buyer guidance
Should You Buy a Kalpataru Project?
Kalpataru is dependable, with caveats. Its weakest area is financial strength, so before booking, check its debt and cash flow, or credit ratings and company filings if it is privately held. Prefer construction-linked payment plans and check the project's RERA progress reports.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Its latest annual report — debt, cash flow and pre-sales — since Kalpataru is listed.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Consistent premium quality across cycles; the 2025 listing added disclosure depth. A core MMR name.
Portfolio
Notable Projects
Key Kalpataru projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Kalpataru: FAQs
Is Kalpataru a good builder? ＋
We rate Kalpataru 4.1/5 overall — dependable, with caveats. Consistent premium quality across cycles; the 2025 listing added disclosure depth. A core MMR name.
Is Kalpataru a listed company? ＋
Yes. Kalpataru is listed on the NSE / BSE, so it publishes audited financial results.
Does Kalpataru deliver on time? ＋
Kalpataru has delivered 76% of its towers within six months of the committed date, and we rate its delivery record 3.9/5.
How many projects has Kalpataru completed? ＋
Kalpataru reports 110 completed projects and about 25 million sq ft delivered.