Established in 1978, the Runwal Developers is one of Mumbai’s premier real estate developers, operating in the residential, commercial and organized retails verticals. With a robust track record of 65 delivered projects with over 20 thousand families happily living, the group has continuously striven to keep the ‘customer’ as a focal point in the designing, planning and construction of all its projects.
Operating in the Luxury, Premium and Large-Format Townships categories in residential development, the Runwal Developers today also owns and manages the largest retail mall chain in Mumbai with over 2 million sq ft of GLA that includes Rcity, Ghatkopar (W) – which is Mumbai's Biggest Mall, R Mall, Mulund, R Mall, Thane and R Odeon, Ghatkopar (E). The Group currently manages a portfolio of 15 ongoing projects with almost 20mn sqft under development across Mumbai and the MMRDA region. One of the fastest growing entities in the sector the group claims to have operated with excellent customer care levels and the highest standards for the welfare of society and the environment since the last 3 decades.
The Group has also been awarded as the “Star Realty – Lords of the Land award” for its excellence in the field of real estate along with other accolades such as the ‘CNBC AWAAZ Real Estate Award’ & the ‘Retail Property of the Year’, just to name a few. Today, the Group’s steadfast focus on 'quality' has led it to become an industry leader and a market-driven construction company renowned for trust and quality-on-time.
Runwal Developers is a name that stands for reassurance, service, quality & on- time Delivery. Celebrated for its customer centricity and acute sense of aesthetics, the group has served many happy families in providing them their desired dream homes along with a lifestyle brings true joy in their lives.
While we have been changing the landscape of Mumbai over the years, we have done so with the highest quality standards in mind. We didn't just want to create buildings, we desired to give the city, landmarks with each project that we undertook. That is why, some of our projects have garnered the affection of our discerning customers along with winning many prestigious accolades.
- Customer Centricity
Chairman – Runwal Developers
A visionary leader, Mr.Subhash S Runwal has created a niche in Real Estate with an unwavering commitment towards excellence in developing the urban landscape of the country. Mr. Runwal’s principle of, “Nothing is impossible with hard work, sincerity and farsightedness” went on to make him one of the top names in the construction business. He is a man who has always believed in facing challenges head on and charting new paths.
A graduate from Pune University, Mr. Subhash S. Runwal completed his Chartered Accountancy in 1967, ranking 5th all over India. He then worked as a professional, rising quickly to the ranks to be a part of the management in a short span of 9 years.
The pioneer that he is, he decided to set up R Mall in Mulund which was known as an Industrial suburb, but with the development of R Mall, Runwal Anthurium, Runwal Greens, R Square today Mulund is a bustling suburb known as the “Queen of the central suburb”.
Mr. Subhash S. Runwal while being in the forefront of the industry has not just rested on the laurels, but has also led from the front for social causes. His endeavor has been to significantly contribute in the field of Medical, Education and Religion.
Mr. Runwal is the recipient of various awards which includes on 10th July, 2012 "Samaj Ratna" award given at Rashtrapati Bhavan by Her Highness President of India Smt. Pratibhatai Patil.
Mr. Runwal is driven by his guru mantra "Nothing is impossible just we have to focus and work hard"
Sandeep Runwal – Director, Runwal Developers, is an alumnus of IIM Bangalore and alumni of Harvard Business School. With a robust experience of over 20 years and being thoroughly involved in the business he is known to be highly detail oriented and uncompromising in quality. Being regarded as an industry thought leader for his immense emphasis on ‘Quality on Time’ bundled with customer service he was awarded as the ‘Lords of the Land’ by Star Reality in 2011.
His farsightedness has made the Runwal Developers become one of Mumbai’s premier developers by creating landmarks within the area of development that led the group to establish a solid portfolio of 65 significant projects in the residential, commercial and retail space. Sandeep was the driving force behind Mumbai’s most famous landmark - the R City mall. Besides being one of the largest retail properties in the western region, it is perhaps the only mall to have received funding from Singapore-based GIC. His deep understanding of business, research and consumer insights and behavior, has enabled the Runwal Developers to manage one of largest retail portfolios that include R-mall Mulund & Thane, Runwal Odeon and R-City.
As a leader, Sandeep has placed a great deal of value in nurturing relationships for the long run and has constantly motivated and pushed his team towards excellence. He also spearheads the company's finance function and is involved in the Group’s corporate executive functions that include Legal & Regulatory Affairs, Corporate Communications, Strategic Procurement, Investments, Global Projects and Assurance.
He is a keen traveler, an avid reader and has a passion for sports.
Mr. Subodh Runwal, Director of the Company, completed his B.Com from Podar College, Mumbai and MBA from North Eastern University, Boston. He is an alumnus of the Executive Education Programme from Harvard Business School in year 2010. At a very young age with his philosophy of "Nothing is impossible", joined as a Director of Runwal Developers and the company aggressively pronounced his achievements in the industry through his dedicated approach towards helping the company to reach the heights of excellence to which it has arrived today. He is spearheading the business development of the Group. He is also involved in the fund raising activities for the Group for which he has a good network with major private equity players, bankers, and investment bankers.
He has represented the Group in forums like MCHI, FICCI and CREDAI.
He is also one of the promoters of SREF (Subhash Runwal Education Foundation) which gives scholarships for higher education to the deserving and meritorious students.
In the glorious journey of more than three decades, the Runwal Developers has achieved many milestones and has set a benchmark in the industry of Real Estates.
With over 25 million sq ft of development spread across 65 projects Mumbai, MMRDA and Pune region the Runwal Developers has scripted robust track record for itself that has today become a benchmark in the in the industry.
Since its inception, the Runwal Developers’s journey of a thousand miles entails many key milestones that has today made the name brand to reckon.
Key Milestones of the group
- Kirtikar Apartments at Thane
- Runwal Nagar - Thane
- Runwal Residency - Chembur
- Runwal Plaza - Thane
- Runwal Estate - Pune
- R Mall Mulund – One of the first malls in suburban Mumbai
- R City Mall – Ghatkopar – Which is the one of the largest mall in Mumbai with 1.2 million sq ft of space
- 1st FDI Investment GIC in Retail Sector in India
- Orchard Residency, Ghatkopar
- Investment from Capita-Land, Singapore
- First Kidzania Mumbai at RCity Mall
- Launch of Runwal Elegante – Luxury apartments in Lokhandwala Andheri West
- Launch of The Reserve, Worli
- Unveiling of The Residence at Nepean Sea
- Launch of My City, Dombivli – A 150 acre township that Offers Holistic Living