Mofatraj Munot’s Mumbai-based firm Kalpataru Constructions is busy with a 9.6 million-sq-ft township in the suburbs and a complex of luxury villas at a hill resort. Another upcoming project is the Kalpataru Avana, a midtown 43-story luxury condo. To date, Kalpataru has a portfolio of more than 15 million sq-ft delivered across the residential, commercial and retail segments. Munot, together with his son Parag, is also working on a slew of redevelopment projects near the Bandra-Kurla financial district in suburban Mumbai.
Net worth:US$1.7 billion