Kalpataru Limited, founded in 1969, is one of India's leading real estate firms. Kalpataru Limited is an integrated real estate development company with over 113 completed projects across Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur, specializing in luxury, premium, and mid-income residential, commercial, and retail developments. In Kunenama, on the hill slopes of Lonavala, that Mumbai-and-Pune-built track record extends into a low-density villa community: South Park at Amoda Reserve. The development is designed by the internationally acclaimed architect Eco.Id, with landscape design by Burega Farnell from Singapore.
South Park at Amoda Reserve sits on the lush slopes of Kunenama, Lonavala, approximately 10 minutes from the Khandala exit. The project is MahaRERA registered with ID P52100003084, is spread over 23.22 acres, and comprises 114 villas built by Kalpataru Ltd. It was launched in August 2017 and is set for completion by December 2026. Villas come in 3 BHK, 4 BHK and 5 BHK configurations set along winding, tree-lined lanes.
Amenities include themed gardens such as fruit parks, rock gardens, and salad and herb gardens, along with water bodies, camping grounds and pet parks. Homeowners are also given priority admission to the project's main club, which spans over 6 acres. The wider landscape plan includes pedestrian paths, green networks, streams, ponds, and over 3,000 planted trees. Leisure features extend to a sports arena, digital golf room, badminton and tennis courts, cycling and jogging paths, premium finishes, laminate-finished doors, imported marble in master bathrooms, and storage water heaters.
| Attribute | Detail |
|---|---|
| Location | Kunenama (Kune), Lonavala, near the Khandala expressway exit |
| Configurations | 3, 4 and 5 BHK villas |
| Project scale | 23.22 acres, 114 villas |
| MahaRERA | P52100003084 |
| Timeline | Launched August 2017, completion by December 2026 |
| Design partners | Eco.Id (architecture) and Burega Farnell, Singapore (landscape) |
Kalpataru has created defining landmarks that have set new standards in real estate development for close to half a century, from building Mumbai's tallest residential tower in the 1970s, a record that stood for the next quarter of a century, to introducing the concept of 1.5 bedroom homes, to building Asia's first and the world's sixth Platinum LEED certified commercial building. Kshitij became Mumbai's tallest building at 33 storeys in 1976, and the company introduced 1.5 bedroom apartments at Srishti in 1983. The company is led by Mofatraj P. Munot as Non-Executive chairman of Kalpataru Ltd., the group's real estate division, and by Mr. Mofatraj P. Munot, with over five decades of experience, and Mr. Parag M. Munot, with three decades. The firm operates from Kalpataru Synergy, opposite the Grand Hyatt, Santacruz (E), Mumbai.
As of March 31, 2024, Kalpataru has a strong presence across all micro-markets in the Mumbai Metropolitan Region (MMR) and Pune, with a focus on innovation, thoughtful design, and timely delivery. Amoda Reserve-South Park represents the developer's move from urban towers and townships into the second-home villa segment of the Sahyadris, applying the same institutional design process to a resort-scale project.
Kunenama forms part of Kune Village, a pocket of Lonavala that has become a preferred address for gated villa developments rather than high-rise apartments. Among Lonavala's areas, Kune is recognised for gated developments, alongside Khandala for luxury and Tungarli for villas. Lonavala itself is roughly 83 km (about two hours) from Mumbai via the Mumbai-Pune Expressway, and about 64 km (1.5 hours) from Pune. Amoda Reserve-South Park is itself only about 10 minutes from the Khandala expressway exit, keeping it close to that corridor without sitting directly on it.
Kune Village offers a family-friendly atmosphere with a local recreation park, botanical gardens and well-maintained urban parks nearby. The neighbourhood already hosts an active short-stay villa economy, with platforms listing gated villas and independent houses in Kune Village and along Old Khandala Road as regular weekend and holiday rentals.
The average property rate across Lonavala is around ₹12,000 to ₹12,583 per sq. ft., with premium villa locations like Khandala and Tungarli commanding significantly higher prices. Premium luxury villas in Lonavala typically range from ₹12,000 to ₹18,000 per square foot, with exceptional properties commanding rates up to ₹25,000 per square foot based on location and views. Property values in Lonavala's premium segments have consistently outperformed other luxury markets, with average appreciation rates of 12-15% annually over the past five years.
Villas in Lonavala are considered a strong investment due to high rental income potential, weekend demand, and steady appreciation driven by second-home buyers from Mumbai and Pune. The region has consistently attracted luxury buyers due to its proximity to Mumbai and Pune, scenic surroundings, and demand for weekend homes, with steady appreciation driven by limited villa inventory and growing demand for gated villa communities. For a Kalpataru buyer at Amoda Reserve, this translates into a villa set inside a large, self-contained gated landscape rather than a standalone plot exposed to the fragmented ownership patterns common in older parts of Lonavala.
Prospective owners are typically weighing three things: the developer's execution history across MMR and Pune, the design pedigree of this specific project, and the durability of Kunenama as a location. On the first count, Kalpataru and its promoters had completed 113 projects covering approximately 24.10 million sq. ft. as of March 31, 2024, establishing its reputation in MMR, Thane, Panvel, Pune, and select urban centers across India. On the second, the involvement of Eco.Id and Burega Farnell places Amoda Reserve-South Park's master-planning on the same footing as resort-grade developments elsewhere in Asia. On the third, Kune's positioning within 10 minutes of the Khandala exit, combined with the area's established rental economy, supports both weekend use and longer-term holding.
