Mofatraj Munot was born in Mumbai, India, India. Mumbai real estate magnate Mofatraj Munot started property development in 1969 after working with his uncle.
Munot snatched lucrative construction contracts in the Middle East during the 1970s oil boom where he built the palace of the ruler of Sharjah.
Today, his Kalpataru, run by son Parag, is focusing on its 11.2-million-square-foot township in suburban Mumbai.
Engineering contractor Kalpataru Power Transmission is Munot's only listed asset.
Mofatraj Munot is a member of Real Estate
According to Forbes 2015 rankings, Mofatraj Munot had a net worth of $1.69 billion and was ranked 78th-richest person in India and 1577th-richest person in the world.
