Kalpataru Limited traces its origin to 1969, when Mofatraj P. Munot founded what has grown into one of Mumbai's long-standing real estate names. Kalpataru Limited is an integrated real estate development company with over 113 completed projects across Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur. The company is led by Mr. Mofatraj P. Munot, with over five decades of experience, and Mr. Parag M. Munot, with three decades of experience. Among the group's early landmarks was building Mumbai's tallest residential tower in the 1970s, a record that stood for roughly twenty-five years, alongside constructing Asia's first and the world's sixth Platinum LEED-certified commercial building and introducing the 1.5-bedroom home format to the Indian market. In Thane, this history takes physical form at Kalpataru Parkcity on Kolshet Road, the developer's largest single township in the city and the address around which both Kalpataru Eternia and Kalpataru Starlight are built.
Kalpataru Parkcity is a premium 100+ acre integrated township located on Kolshet Road, Thane, offering a future-ready lifestyle surrounded by expansive green spaces. With over 20+ acres of the Grand Central NaMo Park and more than 4,500 trees across the township, residents enjoy a balance of urban convenience and natural space. The township is already home to 1,600+ families, with thoughtfully designed 2, 3 & 4 BHK residences. The scale of planning behind it is unusual even by Kalpataru's own standards: Kalpataru Parkcity is the result of over a decade of planning and collaboration with six globally renowned professionals who have contributed to projects such as the Sydney Opera House and the Burj Khalifa. Within the township, the master plan is organised into distinct residential clusters carrying names such as Sunrise, Immensa, Eternia and Starlight, each at a different stage of construction, alongside a retail plaza, a school site and a lake zone woven into the layout.
Kalpataru Eternia is a residential development located on Kolshet Road, Thane West, within the Kalpataru Parkcity township, spanning approximately 7 to 10 acres and offering 1, 2, and 3 BHK apartments. The cluster is planned across 10 towers rising to a mix of 30, 38, 40 and 47 floors, with 1 BHK, 2 BHK and 3 BHK residences. Unit sizes run from roughly 464 sq ft for a 1 BHK up to over 1,500 sq ft for larger 3 BHK layouts, and the cluster carries its own set of amenities layered on top of the township's shared infrastructure, including an Olympic-length swimming pool, a golf course, a health club with steam and jacuzzi, kids' play areas, and theme-based gardens. Positioning within Eternia has leaned on the park frontage specifically — the newer towers J and K comprise 2 BHK and 3 BHK apartments with large decks, designed with dual decks offering views toward Thane Creek.
Starlight is one of the more recently released clusters within Kalpataru Parkcity, carrying the internal designation Launch Code Starlight across its wings. It is positioned around ample open spaces and views of the Grand Central Park, with 1, 2, 3 BHK homes and 3 BHK Sky Lofts built with a similar amenity standard to the rest of the township. Its wings are spread across separate RERA registrations — Wing C, Wings G and H, Wings J and K, and Wings D, E and F each carry distinct approvals, reflecting how Kalpataru has phased construction and possession across the cluster rather than releasing it as a single block. Connectivity for the cluster runs via Kolshet Road, the Eastern Express Highway, and the upcoming metro lines that are expected to bring Mumbai and Navi Mumbai closer.
Kalpataru's choice of Kolshet Road for its flagship Thane township is tied closely to how the corridor sits within the city's road network. The location is roughly 5.9 km from Thane railway station and sits among the roads connecting the Eastern Express Highway with the Western Express Highway, acting as a bypass to Ghodbunder Road. Kolshet Road has also been selected for the Thane Municipal Corporation's intermodal transport hub project, with the Thane-Bhiwandi-Kalyan metro route and an underground tunnel to Sanjay Gandhi National Park among the other infrastructure projects planned nearby. Two additional metro lines are tracked closely by buyers evaluating projects here: Metro Lines 4 and 4A between Wadala and Kasarvadavali, and Line 5 between Thane, Bhiwandi and Kalyan for industrial connectivity, both targeted to be fully operational by 2029. A proposed Kapurbawdi metro station and the Kolshet Town Park add further civic infrastructure planned directly along this stretch.
Kalpataru's pricing at Parkcity sits within a corridor that has seen sustained appreciation over the past several years. Average property prices along Kolshet Road stand at around ₹19,800 per sq ft, with continuous infrastructure upgrades, proximity to business parks and upcoming metro connectivity driving steady housing demand. Flat rates in the Kolshet micro-market have moved by roughly 13.7% over the past year, and nearly 20% over five years. Within this stretch, business parks such as Lodha iThink, ThaneOne Business Park and Ashar IT Park sit alongside the residential clusters, giving Kolshet Road a live-work dimension that supports both end-user demand and rental interest for Kalpataru's Eternia and Starlight buyers.
Families evaluating Eternia or Starlight typically weigh the same set of nearby institutions. CP Goenka International School, Orchid High School, and Smt. Sulochanadevi Singhania School are among the schools placed only a few minutes from the corridor. On the healthcare side, Highland Super Speciality Hospital, Horizon Prime Hospital, Metropol Multispeciality Hospital, Jupiter Hospital, and Currae Speciality Hospital serve the immediate area. For retail and leisure, Korum Mall, Lake Shore Mall and R Mall are roughly a 15 to 20 minute drive away. Within Kalpataru Parkcity itself, the master plan sets aside space for an ICSE school, a high-street retail boulevard and F&B precinct, reducing the need to travel outside the township for daily needs.
Parkcity is not an isolated bet for the developer in this city. Kalpataru's other Thane-area developments, including projects along Balkum Road, extend the same brand of integrated-township planning — landscaped podiums, dedicated clubhouses and phased tower releases — that defines Parkcity, giving the group a continuous presence across Thane West rather than a single-project footprint. Elsewhere in its portfolio, the developer's named projects span Kalpataru Avante in Hitec City, Hyderabad, Kalpataru Lokhandwala in Andheri West, Kalpataru Azuro in Marine Lines, and Kalpataru Prive in Mumbai Central, underlining the scale at which Kalpataru now operates alongside its Thane commitments.
