Kalpataru Signs Kandivali Redevelopment Project, ₹1,250 Cr GDV

Kalpataru Ltd. has announced the signing of a cluster redevelopment project in Kandivali East, Mumbai, with an estimated Gross Development Value (GDV) of approximately ₹1,250 crore. The project, located in Ashok Nagar, spans ~2.8 acres and has a free sale potential of ~0.37 msf carpet area. This residential development will include high-street retail and aims to blend local heritage with modern amenities and green spaces. This project reinforces Kalpataru's presence in Kandivali East, where it has already delivered six landmark developments.