BillionaireNet
Munot
Mofatraj Munot
Rank #2666
INDIAreal-estateReal estate

Mofatraj Munot

Net Worth
$1.319B
-1.54% (24h)
Mofatraj Munot is an Indian businessman and real estate magnate, best known as the founder and chairman of the Kalpataru Group. With a net worth estimated at $1.4 billion as of December 16, 2025, Munot has over 45 years of experience in real estate and property development. Munot's career began in 1969 when he started developing real estate. Munot is also known for his philanthropic efforts through The Munot Foundation, which supports healthcare and education initiatives.

The Full Dossier

Early Life

Mofatraj Munot was born in a small village in Maharashtra, India, in 1944. He completed his education in Mumbai, earning a degree in civil engineering from the University of Mumbai.

Rise to Success

After completing his education, Munot started his career as a civil engineer before founding the Kalpataru Group in 1969. Munot's company saw early success with construction contracts in the Middle East during the 1970s, including building the palace of the ruler of Sharjah. Munot has built several architectural landmarks including Mumbai’s tallest residential building in the 1970s.

Key Business Strategies

Under Munot's leadership, Kalpataru Group has become a leading real estate development company in India, focusing on residential, commercial, and infrastructure projects. The company has completed more than 110 projects across nine cities. The company is known for its innovation and eco-friendly construction practices.

Philanthropy

Munot is known for his philanthropic work, establishing the Mofatraj Munot Hospital in Pune, providing free healthcare services. He is also a trustee of The Munot Foundation, which supports initiatives in education and disaster relief.

Career Timeline

2012

Infrastructure Person of the Year

Recognized as the Infrastructure Person of the Year.

1973

Built Mumbai's Tallest Residential Tower

Built 'Neelambar', a 21-storey high-rise in Mumbai.

1970s

Middle East Construction Contracts

Secured lucrative construction contracts in the Middle East, including the palace of the ruler of Sharjah.

1969

Founded Kalpataru Group

Established Kalpataru Group, a leading real estate development company.

Philanthropic Impact

Healthcare$0B

Mofatraj Munot Hospital

Provides free healthcare services to underprivileged communities in Pune.

Education and Disaster Relief$0B

The Munot Foundation

Supports initiatives in education and disaster relief.

Wealth Trajectory