Mumbai-based real estate developer Kalpataru Ltd. reported a 41% increase in pre-sales to Rs 4,531 crore in FY25, driven by robust demand for residential properties. The company launched seven new projects and signed deals for redevelopment projects, contributing to its net profit of Rs 21.62 crore.
Kalpataru LtdReal Estate GrowthResidential Property DemandMumbai Real Estate MarketNet Profit Increase Fy25Real Estate MumbaiJul 20, 2025
Kalpataru Ltd's pre-sales increased by 41% in FY25, reaching Rs 4,531 crore.
Kalpataru Ltd launched seven new projects in FY25, totaling 6.5 million square feet of saleable area.
The estimated GDV of the redevelopment projects signed by Kalpataru Ltd is Rs 2,100 crore.
Kalpataru Ltd posted a net profit of Rs 21.62 crore in FY25, a significant improvement from the loss of Rs 94.98 crore in the previous year.
Kalpataru Ltd raised Rs 1,590 crore in equity through its IPO in June 2025, with Rs 1,192.5 crore utilized for debt repayment.
A 900 square yard bungalow in the prestigious Sunder Nagar area of Delhi has been sold for nearly ₹96 crore. Real estate consultant CBRE facilitated the transaction, reflecting the growing demand for luxury properties in the national capital.
Certus Capital, a leading investment firm, is making a significant move by surging its investments in the Mumbai Metropolitan Region. The company is also exploring additional real estate opportunities in major cities like Bengaluru and Hyderabad.
In a groundbreaking move for the sports and real estate sectors, football icon Lionel Messi has listed his vast property portfolio on the Spanish Stock Exchange, marking a significant step in his business ventures beyond the pitch.
Dr Rashmi Kumari from Bihar's Sheikhpura paid a substantial amount for a house and land parcel in Lucknow, only to fall victim to a property scam.
From agritech to fintech, 30 startups raised $250 million in a single week, showcasing the robust growth of India's startup ecosystem.
Noted real estate developer G Square Realtors Pvt Ltd has announced plans to invest Rs 1,000 crore over the next two years into expanding its portfolio of villas and apartments across South India.