Kalpataru Limited traces its origins to 1969, when Mofatraj P. Munot began developing property in Mumbai. 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 led by Mr. Mofatraj P. Munot, with over five decades of experience, and Mr. Parag M. Munot, with three decades. In Prabhadevi, that legacy takes the shape of Kalpataru Oceana, a single sea-facing tower positioned between the Siddhivinayak precinct and the Bandra-Worli Sea Link.
The developer's imprint on this stretch of the western seafront is not new. In the 1970s, Kalpataru built Mumbai's tallest residential skyscraper, a record that remained for the next quarter of a century. Within a few kilometres of Prabhadevi, Kalpataru has also built Kalpataru Horizon in Worli, a premium residential complex comprising of 30 storeyed twin towers located in Worli, Mumbai, where the first residential floor starts on the 14th level, giving almost every flat an uninterrupted sea view. Further along the coast, on Nepean Sea Road, the group has built Kalpataru Azuro, situated at Nepean Sea Road, Mumbai's most sought-after address since the British Raj. Kalpataru Oceana sits within this same South Mumbai corridor of Kalpataru addresses, extending a track record built on Worli and Malabar Hill seafronts into Prabhadevi.
Kalpataru Oceana is a sea facing residential tower in Prabhadevi built on 0.49 acres of freehold land, strategically situated between Dadar towards the north and Worli towards the south, facing the Arabian Sea towards the west. The development comprises one tower with a basement, ground floor, four podium levels and 29 habitable floors. With only one apartment on each floor and the first habitable floor starting from 56ft above ground level, all apartments get a view of the Arabian Sea.
The development offers an intimate footprint of 25 residential units, in 4 and 4+ bedroom configurations. Kalpataru Oceana has twenty-one 4-BHK luxury apartments and four 5 BHK duplexes, each designed with spacious balconies facing the Arabian Sea. Layouts run to 4BHK units of roughly 2,307 sq ft and 5BHK duplexes of roughly 3,909 sq ft carpet area, with an 11'8" floor-to-ceiling height and column-less residences that give buyers liberty for customization. On amenities, the tower carries an infinity pool, star-gazing area, cricket pitch, basketball hoop, biophilic outdoor space and a state-of-the-art gym. The project is registered with MahaRERA under registration number P51900034316.
Kalpataru Oceana's location advantage is built into the pitch: South Mumbai within 20 minutes, with the Bandra Worli Sea Link at its doorstep, positioned at the heart of the city. The plot itself, off Swatantryaveer Savarkar Road in Hatiskar Wadi, keeps residents close to established South Mumbai social infrastructure. Several upscale hotels and shopping centres are nearby, including the Four Seasons, St Regis, Taj Lands' End, Ritz-Carlton Mumbai, Palladium Mall and Kamala Mills, with Prabhadevi known for its premier offices, business centres and high-end luxury apartments. Siddhi Vinayak Temple is only five minutes away, as is the Bandra Worli Sea Link, while Nariman Point is roughly 30 minutes away.
Public transport has firmed up around the locality in recent years. Connectivity is aided by the Mumbai Coastal Road and the Bandra-Worli Sea Link, with the Siddhivinayak Metro Station on Line 3 less than 1 km away, and Mumbai's international airport also nearby. The Eastern Express Highway, Eastern Freeway and Western Express Highway together offer connectivity to South Mumbai, Central and Western suburbs, and Thane. For a Kalpataru buyer moving between a Worli office and a Prabhadevi home, or planning weekend routes down the Sea Link, this cluster of road and metro links is a direct extension of the case for buying here.
Everyday convenience in Prabhadevi rests on institutions that have anchored the locality for decades. DY Patil International School, Ruparel College, PD Hinduja Hospital and Phoenix Palladium Mall all fall within a 20-minute radius of the site. The locality also carries good social infrastructure more broadly, with established schools, nursing homes and maternity hospitals, and retail formats ranging from Sigma Estate to Croma Mall. The neighbourhood remains family-friendly and home to the iconic Siddhivinayak Temple and Prabhavati Devi Temple, with residents also having access to Siddhachal Hospitals and the nearby Shivaji Park.
Kalpataru Oceana trades at a premium to the wider Prabhadevi market. Kalpataru Oceana's average asking price is rising quarter-on-quarter compared with Prabhadevi, with average property prices moving from ₹79,700/sqft to ₹82,050/sqft during Q4 2025, a 2.95% rise. This followed a 4.66% rise in Q3 2025 and a 3.75% rise in Q2 2025. By comparison, Kalpataru Oceana's average price of ₹82,000/sqft sits well above Prabhadevi's overall average of ₹64,200/sqft. Bookings have moved steadily rather than in a rush: 11 of 25 launched units had been booked as of November 2025, including 67% of the 4 BHK units and 33% of the 5 BHK duplexes.
Beyond this one tower, the developer's broader body of work is part of what a Prabhadevi buyer is underwriting. Kalpataru Square, a commercial complex developed by Kalpataru Limited at Andheri East, became the first project in Asia to earn LEED Platinum Core and Shell certification, the highest green building standard from the U.S. Green Building Council. 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, Kalpataru's projects have continued to expand as lifespaces for thousands of families. As of March 31, 2024, the company has a strong presence across all micro-markets in the Mumbai Metropolitan Region and Pune. Within Mumbai's own luxury map, Kalpataru's presence spans landmark projects like Kalpataru Horizon in Worli, Kalpataru Crest in Bhandup, Kalpataru Paramount in Thane, and Kalpataru Magnus in Bandra East — a spread of addresses that places Kalpataru Oceana in Prabhadevi squarely within the developer's established South and Central Mumbai luxury corridor.
