Bengaluru, May 25 -- Mumbai's real estate redevelopment segment continues to attract focused developer attention, with established players deepening their presence in mature micro-markets. A recent cluster redevelopment signing in the western suburbs reflects this broader momentum, as a leading MMR developer moves to unlock value from legacy housing societies sitting on prime land parcels.

Shares of Kalpataru Limited, with a market capitalization of Rs. 6,887 crore, are trading at a price of Rs.333.9 i.e. 0.3% up from its previous closing price of Rs.332.9. It made a high of Rs.345 in Monday's trading session i.e. approx 3.6% above its previous closing price. It is trading at a P/E ratio of 72.5.

Kandivali Cluster Unlocks Fresh Pipeline...