New Launch18 Oct 2026

Kalpataru Aster enters pre-launch in Pune as the developer expands its footprint

Kalpataru Aster is being presented as a pre-launch residential project in Hadapsar, Pune, by Kalpataru Limited. The project is listed with 2 and 3 BHK apartments on a 16-acre site, with a stated total of 720 units. Its current status is Pre-Launch.

The project adds to Kalpataru’s Pune portfolio, which includes completed Kalpataru Serenity in Manjri and residential developments in Wakad, Pimple Gurav and Baner. Buyers looking for the project’s current overview can visit Kalpataru Aster.

The details

Kalpataru Aster is identified as a residential apartment project at Jay Malhar Colony in Hadapsar. The configurations associated with it are 2 BHK and 3 BHK. The 2 BHK listing gives a saleable area of 720 sq ft and describes the apartment as 2 BHK with two bathrooms. A 3 BHK configuration is also listed.

  • Developer: Kalpataru Limited
  • Location: Jay Malhar Colony, Hadapsar, Pune
  • Status: Pre-Launch
  • Site area: 16 acres
  • Listed total: 720 units
  • Configurations: 2 BHK and 3 BHK apartments
  • 2 BHK saleable area: 720 sq ft

Amenities associated with the project include a landscaped garden, children’s play area, swimming pool, gymnasium, clubhouse, yoga deck, jogging track, tennis, BBQ area and amphitheatre. Lift, water storage, car parking, power backup and security personnel are also listed. These facilities place recreation and everyday services among the features being outlined for the development.

The location

Hadapsar has developed as both an established residential area and an employment destination, with IT and BPO companies in the wider locality. Nearby destinations named for the area include Seasons Mall, Amanora Town Center and Celio-Amanora Mall. Schools include Amnora School, Pawar Public School and Vibgyor High School; hospitals named nearby include Noble Hospital, Magarpatta and Amanora.

Hadapsar railway station serves the locality. Pune Metro expansion is also relevant to the area: the Kharadi–Hadapsar–Swargate–Khadakwasla corridor received Union Cabinet approval on 26 November 2025. The estimated project cost is Rs 9,857.85 crore, and the proposed interchange includes Hadapsar Railway Station. A government resolution issued on 17 February authorised signing a memorandum of understanding, with a Rs 4,694 crore loan component. Officials have said preliminary work has begun.

The developer

Kalpataru was established in 1969 by Mofatraj Munot and is led by Mofatraj P. Munot and Parag M. Munot. The company reports more than 130 completed projects across Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru and Jodhpur, and 34.45 lakh sq m delivered. In Pune, Kalpataru Serenity in Manjri is listed as completed, while its wider city portfolio also includes Kalpataru Exquisite in Wakad, Kalpataru Estate in Pimple Gurav and Kalpataru Jade Residences in Baner.

The company’s provisional H1 FY27 figures put pre-sales at Rs 2,587 crore, broadly flat, while collections grew 9%. That operating context accompanies the next addition to its Pune residential pipeline.

What comes next

Kalpataru Aster remains at the Pre-Launch stage. The project’s 2 and 3 BHK apartment offering and listed site scale define the current outline of the development. In the surrounding area, Pune Metro Line 4 is progressing through preliminary work; an opening date has not been set in the cited corridor plans. The project’s next milestones will therefore be its move beyond pre-launch and the subsequent development updates.

Related: KALPATARU ASTER

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