Kalpataru Limited traces its origins to 1969, when Mofatraj P. Munot founded the company as a property development firm; it has since grown into an integrated real estate developer with a track record spanning residential, commercial, retail, and township formats. 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. The company is currently led by Mr. Mofatraj P. Munot, with over five decades of experience, and Mr. Parag M. Munot, with three decades of experience in the business.
In Mira Road East, that legacy takes physical form in Srishti, a township the developer has built out over multiple phases rather than as a single tower launch. Srishti is a residential township in Mira Road developed in multiple phases over a period of time. The original Kalpataru Srishti cluster, spread across roughly 5 acres, has been occupied for over a decade, with the project launched on February 1, 2009, and available for vacancy starting in September 2012, giving Kalpataru a long, visible track record in this specific pocket of Mira Road East rather than a recent entry.
Kalpataru Srishti Namaah is the newer phase of this same township, developed through a joint venture structure. The developer is Eversmile Properties Pvt Ltd, a Kalpataru, NL Dalmia, Dynamix Group joint venture. The scale of this phase is substantial: the project is being constructed on 9.36 acres of land with 11 towers, each with 2 basements plus ground plus 2 podiums plus 33 to 36 floors, offering 1, 2, 3, and 4 BHK residences. Unit sizes range widely, with carpet areas ranging from 394 to 1,610 sq. ft. across 1BHK, 2BHK, 3BHK, and 4BHK configurations, giving the project breadth across buyer segments from compact starter homes to larger family units.
Being part of an established township rather than a standalone tower is a recurring theme in how this project is positioned. Kalpataru Srishti Namaah is part of the larger Srishti township in Mira Road, and this is not a new standalone development — the township itself has been around for years and is already lived in. This matters for a buyer evaluating a Kalpataru project here: schools, retail, hospitals, and internal amenities inside the township already function, rather than being promised for a future phase.
On amenities, the newer wing raises the bar for the township. Kalpataru Srishti Namaah in Mira Road is a thoughtfully designed residential township spread across approximately 9.36 acres, boasting over 40 lifestyle amenities catering to residents of all ages. The clubhouse component alone is sized at Club Namaah, a 14,000 sq. ft. lifestyle clubhouse. The amenity zone has also been elevated above street level: the amenities at Srishti Namaah are set amidst a thoughtfully designed elevated open space, with a 2.5-acre podium-level zone master planned to deliver a seamless lifestyle experience.
Kalpataru's presence across the Mumbai Metropolitan Region gives context to why Mira Road East fits its portfolio strategy. The company's focus has been on the development of premium residential, commercial, retail, integrated townships, lifestyle gated communities and redevelopment projects primarily in the Mumbai Metropolitan Region and Pune. Elsewhere in Thane, the developer runs comparable large-format projects — including Kalpataru Parkcity, a township on Kolshet Road, and Kalpataru Estella in Balkum — that follow the same township-first approach seen at Srishti in Mira Road East. This consistency across sites signals that the Srishti Namaah format — large land parcels, phased towers, and shared amenity infrastructure — is a deliberate, repeated approach for the developer rather than a one-off.
Mira Road East's relevance to a Kalpataru buyer is tied directly to infrastructure changes now underway. Located in one of Mumbai's fastest-growing residential hubs, Srishti Namaah offers unmatched connectivity, and with the upcoming Mumbai Metro Line and the proposed Borivali–Thane Tunnel Road, residents can enjoy faster commutes and excellent access to business hubs, schools, hospitals, shopping, and entertainment. Mumbai Metro Line 9, the corridor most relevant to this pocket, has already moved from plan to partial reality: on April 3, 2026, Metro Line 9 Phase 1 went operational, covering four stations across 4.5 kilometres from Kashigaon to Dahisar East. The full corridor is intended to go further, with the full 13.58 km corridor connecting Mira-Bhayandar to CSMIA Airport via 10 stations, targeted for completion in 2028-29.
Road infrastructure around the site is already established. The project sits strategically located in Mira Road East, enjoying direct access to major infrastructure like the Western Express Highway, Mira Road Station, and the upcoming Metro Line. Nearby social infrastructure named in project data includes N L Dalmia School at just 1.0 km away, N L Dalmia Management College at a distance of 1.0 km, and The Don Bosco High School at a distance of 1.6 km, alongside Bhaktivedanta Hospital in close proximity to the township.
Price movement in the immediate Srishti footprint has been tracked quarter over quarter. During Q1 2026, average property prices for Kalpataru Srishti Namaah moved from ₹19,350/sqft to ₹21,200/sqft, a 9.56% rise, following a 9.01% rise the previous quarter from ₹17,750/sqft to ₹19,350/sqft. This sits within the broader Mira Road East market, where at ₹16,800/sqft average, Mira Road East is still 30-35% cheaper than Borivali even with direct metro connectivity that Borivali has had for a year — a gap that historical metro-linked corridors in Mumbai have tended to narrow over time rather than widen.
For a buyer specifically evaluating Kalpataru Limited in this locality, the proposition rests on three concrete facts: a developer with a five-decade operating history and a completed-projects count in the hundreds; a specific, already-inhabited township (Srishti) in Mira Road East rather than a first-time entry; and a live infrastructure upgrade (Metro Line 9) reshaping the immediate commute math for residents. The developer of Kalpataru Srishti Namaah is Kalpataru Limited, which was founded in 1969 and brings over 50 years of real estate experience in developing premium residential towers, gated communities, townships, and commercial properties.
