New Launch
Kalpataru Hrushikesh Launches in Lokhandwala, Andheri West: What Is Known So Far
Kalpataru has listed its Lokhandwala redevelopment, registered with MahaRERA as Kalpataru Hrushikesh and marketed as Kalpataru Vian, at New Launch status as of 29 October 2026. The project is a two-tower, Ground plus 31-floor residential scheme on a 4-acre parcel at Back Road, Lokhandwala Complex, Andheri West.
| Developer | Kalpataru Limited, Mumbai-headquartered and NSE-listed, founded 1969 |
|---|---|
| Registered name and RERA | Kalpataru Hrushikesh; MahaRERA registration PR1180002600863 |
| Status (as of 29 Oct 2026) | New Launch; bookings reported open through channel partners |
| Location | Back Road, Lokhandwala Complex, Andheri West, Mumbai 400053 |
| Land and scale | About 4 acres; 2 towers with 4 wings; Ground plus 31 floors; 70% open space |
| Configurations | 3 BHK (1,116 to 1,499 sq ft carpet), 4 BHK (2,351 sq ft), 4.5 BHK (2,688 sq ft), and Jodi residences |
| Starting price | From ₹5.61 Cr onwards; from ₹40,800 per sq ft in a developer listing |
| Possession | RERA timeline: June 2032; developer target cited as June 2029 |
| Construction progress | 10% complete as of 20 June 2026 |
Launch status
As of 29 October 2026, the project is shown on the developer's official page at New Launch status, with a starting price of from ₹5.61 Cr and a possession timeline of June 2032. Kalpataru issued a launch press release on 14 July 2026 describing Kalpataru Vian, Hrushikesh, Lokhandwala as a luxury residential development in Andheri West.
The company's first-quarter FY27 results commentary described the launch as having received an encouraging response. A later company update, dated 9 October 2026, placed the launch in the September 2026 quarter. Either way, the project's status is New Launch.
A developer blog on the project, published 11 August 2026, offers a first look at the flats.
Project, redevelopment origin and approvals
The site is a redevelopment of Hrushikesh CHS, a housing society near Apna CHS in Lokhandwala. Kalpataru acquired the redevelopment rights in May 2024, when the company was reported to have secured rights to a society of about 4 acres in the area.
The project has received Environment Clearance, dated 25 February 2026. The MahaRERA registration number is PR1180002600863, under the name Kalpataru Hrushikesh. The developer's official material describes the scheme as two towers with four wings, rising Ground plus 31 floors, with 70% open space and more than 30 amenities.
Under construction, the project has not yet received an occupation certificate.
Configurations and sizes
- 3 BHK: carpet area 1,116 to 1,499 sq ft
- 4 BHK: 2,351 sq ft
- 4.5 BHK: 2,688 sq ft
The developer describes the residences as having grand decks and large balconies. The project has six apartments per floor and two high-speed lifts per block, according to listing details.
Pricing and payment plans
The official starting price is from ₹5.61 Cr onwards, and a developer listing gives a rate from ₹40,800 per sq ft. Developer listing figures are undated, so they should be read as indicative.
Payment options include a construction-linked plan (CLP) and a flexible payment plan that allows customised schedules. Under the pre-launch name Kalpataru Lokhandwala, expression-of-interest amounts were quoted at ₹5 lakh for 3 BHK and ₹9 lakh for 4 and 4.5 BHK configurations.
Possession and construction
The RERA possession date is June 2032. A portal listing gives a developer target of June 2029. Construction was 10% complete as of 20 June 2026. Buyers should check the RERA-registered timeline and the specific agreement terms for their unit.
Amenities and specifications
The official list includes an Elite Sky Reserve, lap pool, multi-sports court, pet park, multipurpose hall, alfresco grill deck, kids' play area, senior citizen zone, yoga and meditation zone, gym and landscaped gardens. Listings also mention a mini theatre, skating rink, terrace garden, star gazing, a sewage treatment plant and an organic waste converter.
Listed specifications include marble flooring in living areas, vitrified tiles, granite kitchen platforms, aluminium sliding windows, laminate-finish doors, premium sanitary and CP fittings, a digital lock and video door phone, 24x7 water supply, power backup for common areas and a fire-fighting system. The developer's full specification sheet has not been reviewed.
Location and connectivity
The project is about two minutes from Lokhandwala Circle. Listed travel times are about seven minutes to DN Nagar and Versova stations on Metro Line 1 (Versova to Ghatkopar), nine minutes to Juhu Circle and twelve minutes to the Western Express Highway. Andheri station on the Western Railway line is the nearest rail station, and Chhatrapati Shivaji Maharaj International Airport is about 4 to 6 km away. Infiniti Mall is about 900 m away.
Infrastructure in the area
- Metro Line 6 (Pink Line): a 14.47 km line from Swami Samarth Nagar (Lokhandwala) to Vikhroli, under construction, with the first station expected in 2028 and an estimated cost of ₹6,672 crore.
- Yari Road to Lokhandwala Back Road flyover: a 206-metre bridge across Kavathe Creek under BMC construction, with completion targeted for December 2027.
- Versova to Bandra Sea Link: a ₹11,500 crore project; the completion year has not been confirmed.
- Metro Line 2A: planned along the Link Road corridor, with a station expected closer to Lokhandwala.
These projects are at different stages. Only the Metro Line 6 and flyover timelines are reported with a target year.
Local market context
A developer blog from August 2026, citing 99acres data, puts Lokhandwala's average flat rate at roughly ₹43,350 per sq ft and reports appreciation of around 31.8% over five years. Nearby projects include Mahindra Lokhandwala, with 2, 3 and 4 BHK homes from ₹2.85 Cr, and Kalpataru Vienta in Kandivali East, listed from ₹42,350 per sq ft.
Developer context
Kalpataru was founded in 1969 and is headquartered in Mumbai. Its official company profile describes more than 113 projects spanning over 24 million sq ft across Mumbai, Thane, Navi Mumbai and Pune. In the first quarter of FY27 the company reported pre-sales of ₹1,329 crore and a net loss of ₹27 crore, as reported by Business Standard. Pre-sales in the second quarter were ₹1,258 crore, taking first-half pre-sales to ₹2,587 crore.
Frequently asked questions
What is the registered name of the project?
The project is registered with MahaRERA as Kalpataru Hrushikesh under registration number PR1180002600863. The developer markets it as Kalpataru Vian, Hrushikesh, Lokhandwala.
What sizes are on offer?
Official material lists 3 BHK homes from 1,116 to 1,499 sq ft carpet, a 4 BHK at 2,351 sq ft and a 4.5 BHK at 2,688 sq ft, along with Jodi residences.
What is the starting price?
The official starting price is from ₹5.61 Cr onwards. A developer listing gives a rate from ₹40,800 per sq ft, undated.
When is possession expected?
The RERA possession date is June 2032. A portal listing cites a developer target of June 2029. As of 20 June 2026, construction was 10% complete.
How far is the project from metro and road links?
The project is about seven minutes from DN Nagar and Versova stations on Metro Line 1, and about twelve minutes from the Western Express Highway, according to listed travel times.
Has the project received environmental approval?
Yes. Environment Clearance was received on 25 February 2026. An occupation certificate has not yet been issued, as the project is under construction.