India, June 20 -- Mumbai-based real estate developer Kalpataru, which is set to launch its Initial Public Offering (IPO) next week, announced that it will continue to focus on key markets including the Mumbai Metropolitan Region (MMR), Pune, and Hyderabad, where it already has ongoing projects.

The company noted that a majority of the housing demand falls within the Rs.1 crore to Rs.10 crore price bracket, which aligns with its existing inventory. Of its 50 million sq. ft. portfolio, approximately 70% is priced up to Rs.10 crore, with a substantial portion available for under Rs.3 crore.

"The demand if we go to see today is majority in the Rs.1 crore to Rs.10 crore segment, and this is what our supply is. Going further, we will adapt as...