Kalpataru Limited to Lead ₹1,400 Cr Redevelopment of Shree Mahalakshmi CHS in Andheri West

Published: March 14, 2026 | Category: Real Estate Mumbai
Kalpataru Limited to Lead ₹1,400 Cr Redevelopment of Shree Mahalakshmi CHS in Andheri West

Kalpataru Limited, a leading real estate developer, has announced the redevelopment project of Shree Mahalakshmi CHS at a prime location off Veera Desai Road, Andheri West. The project spans nearly 3 acres of prime land with an estimated Gross Development Value (GDV) of around ₹1,400 crore.

Andheri West is one of Mumbai’s most established residential and commercial micro-markets, and the project is positioned to benefit from excellent connectivity and a well-developed ecosystem. The area is well-connected to major roads and highways, making it a highly desirable location for residential and commercial developments.

The project is expected to add to Kalpataru’s development pipeline while supporting the company’s continued focus on redevelopment opportunities across the Mumbai Metropolitan Region. The fully residential development will offer thoughtfully planned residences designed to support contemporary lifestyles, with an emphasis on sustainability, modern amenities, and seamless connectivity.

Kalpataru Limited focuses on the development of luxury, premium, and aspirational residential, commercial, and retail projects, integrated townships, lifestyle gated communities, and redevelopments in cities. The company has 29 ongoing, forthcoming, and planned projects spread over approximately 41.2 million square feet across Mumbai, Thane, Panvel, Pune, and Hyderabad.

The redevelopment of Shree Mahalakshmi CHS is part of Kalpataru’s broader strategy to cater to the growing demand for high-quality, sustainable living spaces in established and upcoming areas. The project will not only enhance the living standards of the residents but also contribute to the overall development of the Andheri West area.

Kalpataru Limited is committed to delivering projects that meet the highest standards of quality and sustainability. The company’s focus on luxury and aspirational projects ensures that residents enjoy a premium living experience with modern amenities and facilities. The redevelopment of Shree Mahalakshmi CHS is expected to set new benchmarks in residential development in the region.

For more details on exclusive and budget-friendly property deals in Mumbai and surrounding regions, visit https://budgetproperties.in/.

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Frequently Asked Questions

1. What is the estimated Gross Development Value (GDV) of the Shree Mahalakshmi CHS redevelopment project?
The estimated Gross Development Value (GDV) of the Shree Mahalakshmi CHS redevelopment project is around ₹1,400 crore.
2. Where is the Shree Mahalakshmi CHS redevelopment project located?
The Shree Mahalakshmi CHS redevelopment project is located off Veera Desai Road in Andheri West, Mumbai.
3. What is the size of the land for the Shree Mahalakshmi CHS redevelopment project?
The project spans nearly 3 acres of prime land.
4. What is the focus of Kalpataru Limited in terms of real estate development?
Kalpataru Limited focuses on the development of luxury, premium, and aspirational residential, commercial, and retail projects, integrated townships, lifestyle gated communities, and redevelopments in cities.
5. How many ongoing, forthcoming, and planned projects does Kalpataru Limited have?
Kalpataru Limited has 29 ongoing, forthcoming, and planned projects spread over approximately 41.2 million square feet across Mumbai, Thane, Panvel, Pune, and Hyderabad.