Our Journey
The Runwal Group, which was founded by Subhash Runwal in 1978, is one of the leading lifestyle developers today and has evolved into one of the most prominent and trusted real estate brands in MMR. His son, our Promoter and Managing Director, Sandeep Subhash Runwal, joined the business in 1993 and has over three decades of experience in the real estate sector. He has played a pivotal role in driving our Company’s continued growth and success. He has built on the legacy of over 45 years of the ‘Runwal’ brand and today, our Company and our brand ‘Runwal Realty’ is one of the prominent and trusted real estate brands in MMR. He is supported by a strong senior management team, which comprises seasoned professionals with extensive experience across design, projects, finance, marketing, sales, human resources and legal functions.
Milestones of Excellence
A Journey of Achievement
Today, Runwal Realty stands as a testament to over four decades of innovation and excellence. The company’s journey from a small real estate firm to a major developer in Mumbai is marked by its ability to adapt to changing market dynamics while maintaining its commitment to quality.
1978
Visionary Beginnings
The group laid it’s foundation with Runwal Park – the first landmark building, spread across 88,000 sq. ft.
1986
Commercial Expansion
Forayed into commercial with Runwal Chambers
1988
Commenced operations
Incorporated as Runwal Developers Private Limited and commenced operations
1990
Expanding Horizons
Entered Thane with Runwal Nagar. (First 12 towers project.)
2003
Retail Revolution
Ventured into retail – with Mumbai’s first mall: R Mall Mulund.
2006
RMDPL
Our Subsidiary, RMDPL entered into a 50:50 joint venture with a global long-term investor from Singapore to develop the ‘R-City Mall’, which was the first large-scale foreign direct investment in a real estate development in Mumbai
2009
Drawing Global Investments
Inaugurated our Commercial Project, ‘R-City Mall’. It is the largest Grade A mall in Mumbai in terms of Gross Leasable Area (1.23 million sq. ft.) as of March 31, 2025
2010
Strengthened Retail portfolio
Launched R Mall Thane, a neighborhood mall for residents of ghodbunder road
2013
Residential project
Launched our residential project ‘The Reserve’ at Worli, Mumbai, Maharashtra, India
2015
Making Our Mark in SoBo
Unveiling two exclusive luxury projects in the heart of South Mumbai, redefining opulence and privacy. One of the city’s most expensive apartments were sold at an extraordinary price point of Rs 240 cr.
2016
Residential project
Launched our residential project ‘The Residence’ at Nepeansea Road, Mumbai, Maharashtra, India
2019
Mumbai's First Sky Promenade
Our subsidiary, R Retail Ventures Private Limited, entered into a joint venture agreement with White Harbor Investment Ltd. (a Warburg Pincus affiliate) for development of our projects: (a) ‘The Central Park’ at Pune, Maharashtra, India and (b) ‘R Square’ at Andheri, Mumbai, Maharashtra, India. White Harbor has exited from R Retail Ventures Private Limited in 2023.
2021
The Central Park – Pune
Embarking on a new journey in Pune, expanding our footprint into one of India’s most vibrant real estate markets
2022
RCPL
Our Subsidiary RCPL, launched its residential project “Enchanted” at Kolshet, Thane, MMR Maharashtra, India
2023
Redefining the landscape, aiming Higher
Launched our lifestyle development project “25 Hour Life” at Ghodbunder, Thane, MMR, Maharashtra, India
2024
Great place to Work.
Lasting Legacy Earned certification as a “Great Place to Work,” reflecting the company’s commitment to a positive workplace culture.
2025
ADPL
Our Subsidiary ADPL, launched its lifestyle development project “Raaya” at Worli, Mumbai, Maharashtra
Runwal Realty continues to sculpt timeless addresses that celebrate the pinnacle of living across generations. With an unwavering commitment to perfection and visionary craftsmanship, we bring uncompromising attention to every detail in each of our projects. As passionate pioneers, we build not only for today but for tomorrow, ensuring that your perspective remains our guiding force. Whether you're exploring 3 BHK flats in Mulund, apartments for sale in Pune, or properties in Worli and Thane, Runwal Realty is with you every step of the way, setting new benchmarks in real estate with each endeavor.