Portrait of Mofatraj Munot

Rank #2695

Mofatraj Munot

Net worth $1.5B

Real estate · India

Born
Oct 04, 1944
Age
81
Source
Real estate
Residence
Mumbai
Citizenship
India
Marital status
Widowed
Children
3
Education

Net worth over time

Biography

  • Mumbai real estate magnate Mofatraj Munot started developing property in 1969 after working with his uncle.
  • Munot snatched lucrative construction contracts during the 1970s in the Middle East oil boom, where he built the palace of the ruler of Sharjah.
  • Today, his Kalpataru, run by son Parag, has completed more than 110 projects in nine cities.
  • In July 2025, he listed the property development arm, Kalpataru. Engineering contractor Kalpataru Projects International, is Munot's other listed asset.
  • The name Kalpataru is derived from Kalpavruksha, a mythological tree of wish fulfillment.
  • Munot is fond of Urdu poetry.

Financial assets

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