Upcoming Residential Project: Kalpataru Residential, Penkarpada, Thane

Rutuja Kedare Mar 28, 2023 57

M/s Eversmile Properties Pvt. Ltd., an SPV of  Kalpataru is developing a private residential project at Penkarpada near Srishti Complex, Mira Road, Thane, Maharashtra. 

Kalpataru Residential, Penkarpada

The Residential development is envisaged to be built up over a land parcel of 9.36 acres. The total construction area of the project will be tantamount to 3,278,436 SqFt and the estimated construction cost of the project is INR 820 Crores

Twelve buildings are planned in this residential complex which will house in total 2588 Apartment units. There are existing schools, colleges, hospitals, and many other basic facilities within a 2 km radius. The project has good connectivity by Western Express Highway, Godhbunder Road, and the upcoming metro line. 

Project Details

Name of the ProjectKalpataru Residential, Penkarpada
Latest StatusUnder Construction
Cumulative Work Completed-25%

As of March 2023,
Tower A: 4th floor RCC work is in progress.
Tower B: 2nd floor RCC work is in progress.
Tower C: Podium floor RCC work is in progress.
Tower E & F: Construction work has not been initiated.
Tower H: Ground floor RCC work is in progress.
Latitude, longitude19.272164, 72.869606
LocationMira Road, Thane
DescriptionNo. of Buildings: 12
Scope of Buildings A, B, C & D: 2 Basements + Ground Floor +  Podium + 33 Upper Floors
Scope of Buildings E, F, G & H: 2 Basements + Ground Floor +  Podium + 30 Upper Floors
Scope of Buildings I, J, K & L: 2 Basements + Ground Floor +  Podium + 8 Upper Floors
Construction Cost (INR)INR 820 Crore
Construction Area (in SqFt)3,278,436 SqFt
Building use Residential
SectorPrivate sector
CategoryHigh Rise
Construction start2022
Project completion (Estimated timeline)2027



Founded in 1969, Kalpataru Limited is one of India’s leading real estate companies. A recepient of several global awards in design and quality, they have created defining landmarks and set new standards in real estate development for over a century.

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Disclaimer: The information in this article is gathered using data from Biltrax Construction Data’s proprietary platform. This article uses feature images that may not be representative of the project; they are merely for illustration purposes.



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