Mofatraj Munot
Mofatraj Munot
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At a Glance
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Age71
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Earnings$ 1.53 Billion
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Source of earningsReal Estate
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Marital StatusWidower
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Children3
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ResidenceMumbai
Forbes India Lists
#78 India Rich List 2015
#67 India Rich List Rank 2014
#52 India Rich List Rank 2013
Profile
Property developer's Mumbai firm, Kalpataru, is busy with a slew of new projects despite the market slump. The biggest is a 9.6-millionsquare-foot township in the suburbs and a complex of luxury villas at a hill resort close to the city. Another showpiece is the upcoming Kalpataru Avana, a midtown 43-story luxury condo. Munot, along with son, Parag, is also building up a portfolio of redevelopment projects, notably near the Bandra-Kurla financial district.
