Kalpataru Limited's presence in Lokhandwala Complex, Andheri West, centres on Kalpataru Vian, a redevelopment of the erstwhile Hrushikesh society on Lokhandwala's Back Road. Kalpataru Vian is a luxury residential project in Hrushikesh, Lokhandwala, Andheri West, Mumbai, offering 3, 4 and 4.5 Bed residences across a 4-acre private enclave with panoramic mangrove views, grand decks, 30+ curated amenities. The project sits with MahaRERA registration, and it is registered with MahaRERA as Kalpataru Hrushikesh under registration no. PR1180002600863, with the marketing entity's own MahaRERA registration listed as A51800001249.
Kalpataru Group was established in 1969 by chairman Mr. Mofatraj P. Munot, and Kalpataru Limited, the flagship real estate company of the Kalpataru Group, is one of the leading real estate development groups in India. The company's standing in Mumbai's development history is tied to specific milestones: in the 1970s, Kalpataru built Mumbai's tallest residential skyscraper, a record that remained for the next quarter of a century. Beyond height, the developer is credited with introducing the concept of 1.5 bedroom homes, and building Asia's first, and the world's sixth Platinum LEED certified commercial building. Today, Kalpataru Limited is an integrated real estate development company with over 113 completed projects across Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur, and as of March 31, 2024, the company has a strong presence across all micro-markets in the Mumbai Metropolitan Region (MMR) and Pune. Leadership continuity matters to buyers evaluating a five-decade project pipeline: the company is led by Mr. Mofatraj P. Munot, with over five decades of experience, and Mr. Parag M. Munot, with three decades.
The Lokhandwala Back Road plot has been assembled into a sizeable single-developer parcel by Mumbai redevelopment standards. The development features two iconic towers with four wings rising Ground + 31 floors, combining sophisticated design, seamless connectivity, and a vibrant urban lifestyle. Residence sizes span the 3, 4 and 4.5-bedroom range, with 3, 4 and 4.5 Bed residences across a 4-acre private enclave with panoramic mangrove views, grand decks, 30+ curated amenities forming the core of the offering. Aggregator listings tracking the project cite carpet areas across 3BHK - (1116 to 1499) sqft, 4BHK - 2351 sqft, 4.5BHK - 2688 sqft, giving a sense of the space Kalpataru is building into each configuration on this site.
The Back Road position within Lokhandwala Complex is framed by the developer's own connectivity claims for the project: connecting Lokhandwala to SoBo and BKC in 15 minutes, faster access from Versova to Malad, Borivali and Bhayandar in 20 minutes, seamless east-west travel via Metro Line 1 and Line 6, with the Juhu Bridge and the Jogeshwari-Vikhroli Flyover easing commute. Independent listings covering the same address add that the presence of Lower Oshiwara Metro Station (Line 2A) within minutes and Versova Metro Station (Line 1) nearby strengthens east-west travel, while Andheri Railway Station connects both Western and Harbour Lines for daily commuting. For a buyer weighing a Kalpataru address here against other western-suburb options, this multi-line metro access alongside the Western Express Highway and New Link Road is a large part of the case for Lokhandwala Complex specifically.
Lokhandwala Complex has long functioned as a self-contained residential and institutional pocket of Andheri West, and that maturity underwrites the value of a Kalpataru address here. Schooling options within reach include Ryan Global School (IB & IGCSE), Stellar World School, Billabong High International School, Jamnabai Narsee School (Vile Parle), NMIMS University, and Mithibai College, all within an accessible distance. Retail and everyday convenience are similarly established, with Crystal Plaza, City Centre Mall, Cinemax Versova, and PVR ECX among the popular shopping and recreational hubs near the locality.
Lokhandwala Complex has moved decisively into the luxury bracket over recent quarters. During Q1 2026, average property prices for Lokhandwala Complex moved from ₹30,200/sqft to ₹37,550/sqft, reflecting a 24.34% rise. Broader Lokhandwala data points to a similar range, with average flat rates in Lokhandwala, Mumbai at ₹43,350 per sq ft, and a year-on-year change in apartment prices averaging 10.2%, with the approximate buying price at ₹43,700 per sq ft. Rental demand tracks the same trajectory: the average monthly rental range in Lokhandwala Complex is ₹49,200-132,000. This combination of sustained price appreciation and rental depth is the backdrop against which a large-format, single-developer project like Kalpataru Vian is being positioned on Back Road.
Lokhandwala Complex is one address in a much larger Kalpataru operating map across the Mumbai Metropolitan Region. In Thane, the developer's scale shows up in Kalpataru Parkcity, spread across 100+ acres in the heart of Thane and master planned around the 20-acre Namo Grand Central Park, while the developer's Thane portfolio alone runs to 18 of its roughly 103 residential and commercial projects. Closer to Lokhandwala, in the western suburbs, the group has also built Primus Residences in Santacruz East, positioned with connectivity to BKC, the Mumbai airport, South Mumbai, and the Western suburbs. Seen against this spread, Kalpataru Vian represents the developer's current flagship commitment to the Lokhandwala micro-market specifically, rather than an isolated launch.
