M ofatraj Munot is a self-made Indian real estate developer and the founder of the Kalpataru Group. Born into a modest family in Rajasthan, he moved to Mumbai in his youth and began his career in the construction industry. In 1969, with a small amount of borrowed capital, he founded his own property development company, Kalpataru. He has since built it into one of India's most respected and successful real estate firms, with a strong reputation for high-quality residential and commercial projects, primarily in Mumbai.
While real estate remains the core of his empire, Munot successfully diversified his business interests. He built a major presence in the power transmission and infrastructure sector through the publicly listed Kalpataru Projects International, which has become a major global player in its field. The group also has interests in property management and logistics. After decades of leadership, his son, Parag Munot, now runs the day-to-day operations of the family's real estate business.
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Mofatraj Munot is an Indian businessman, the self-made billionaire Founder and Chairman Emeritus of Kalpataru Group, a massive conglomerate specializing in construction, real estate development, and power transmission. His career is rooted in construction, engineering, and entrepreneurial audacity.
Munot's philosophical approach centers on scale, quality construction, and long-term asset hold in the essential construction and infrastructure sectors. He founded Kalpataru in 1969, recognizing the immense, untapped domestic demand for modern, large-scale housing and commercial infrastructure in India.
Mofatraj Munot's strategic leadership guided Kalpataru Group's transformation into a major force in the Indian construction sector. Under his guidance as Chairman, the company expanded aggressively into real estate development (Lodha) and power transmission (Kalpataru Power Transmission - KPTL). His structural contribution is immense: pioneering large-scale housing and commercial infrastructure development in the Mumbai Metropolitan Region.
He stepped down as Chairman (remaining Chairman Emeritus) to focus on philanthropy and governance. His wealth is secured by the colossal, long-term, stable profitability of the Indian real estate, construction, and power transmission sectors.
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Founds the Kalpataru Group (Founding).
Kalpataru expands aggressively into real estate and power transmission (Strategic Diversification).
Kalpataru Power Transmission (KPTL) successfully executes its IPO (Financial Milestone).
Continues as Founder and Chairman Emeritus, guiding the massive industrial giant (Executive Oversight).
Mofatraj Munot's wealth is concentrated in his founding equity and continued executive leadership role in the private industrial manufacturer, Kalpataru Group, and its publicly traded subsidiary, Kalpataru Power Transmission (NSE: KPTL).
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Mofatraj Munot's social impact is structural, stemming from Kalpataru Group's role as a massive industrial employer and foundational supplier of essential housing and infrastructure for the massive population of India. His companies contribute significantly to national infrastructure development and job creation. His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful industrialization and scale of the highly complex Indian construction and real estate sector.
Mofatraj Munot maintains the professional, pragmatic style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital industrial sector.
Residing in Mumbai, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, construction management, and the long-term, stable growth of the real estate empire.
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+0.21% | +$8.94M
+0.39% | +$13.90M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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