Kalpataru Projects Greenlights ₹200 Cr NCD Issuance Kalpataru Projects International announced that its board has approved a plan to raise up to ₹200 crore through the issuance of non-convertible debentures (NCDs) via private placement.

Mumbai-based real estate developer Kalpataru filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 1,590 crore through an IPO. All revenues (minus IPO expenditures) will benefit the firm because the IPO is a fresh equity share issuance with no offer-for-sale component.

ASK Property Fund, the real estate private equity division of the Blackstone-backed ASK Asset & Wealth Management Group, has committed ₹190 crore to Kalpataru’s upper mid-income housing project in Borivali, a prominent Mumbai suburb.

Ixora Properties, Kalpataru's affiliate, sold ICICI Prudential Asset Management Company a Santacruz commercial skyscraper for about INR 315 crore. The asset management firm will move inside Kalpataru Infinia's new facility.

In a significant stride towards transforming Thane into a sustainable urban oasis, Chief Minister Eknath Shinde unveiled the NaMo Grand Central Park, a 25-acre haven of greenery and innovation.

Kalpataru struck a revenue-sharing arrangement with Indian Hume Pipe Company to build a mixed-use property on 15 acres in Pune's Vadgaon locality.

In some great news for Siddharth Nagar real estate and for the many home buyers in Ekta Tripolis, Kalpataru Radiance, Sangam Lifespaces Luxor - Ekta Tripolis and Kalpataru Radiance have received Occupation Certificate finally.

One of India's largest real estate developers, Kalpataru has unveiled Kalpataru Summit, a Grade-A commercial development on Mulund's Lal Bahadur Shastri Marg.

ASK Property Investment Advisors (ASK PIA) has invested in an upcoming real estate project in Pune in Baner locality spread on a 16 acre land parcel. This project is being developed by Kalpataru and will comprise of 1,200 residential units with a saleable area of approximately 1.9 million sq ft.