Established in 1978, Runwal is one of Mumbai’s premier real estate developers, operating in the residential, commercial and organized retails verticals. With a robust track record of 42+ delivered projects with over 35 thousand Happy Families, it has continuously driven 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, Runwal today also owns and manages the largest retail mall chain in Mumbai with over 2322556.67 sq.mt. of GLA that includes Rcity, Ghatkopar (W) – which is one of Mumbai's Biggest Mall, R Mall, Mulund, R Mall, Thane and R Odeon, Ghatkopar (E). It currently manages a portfolio of 14 ongoing projects with almost 1.21 mn sq mt 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 4 decades.
Runwal has been recently been conferred the "50 Best Real Estate and Infrastructure Companies" by Construction Week.
Runwal 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, along with on-time delivery.
Runwal 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 that 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.
- Pioneering our future
- Respect for individuals & united as team
- Integrity
- Delighting the customers
- Excellence
Chairman
Managing Director
Chairman – Runwal
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"
Director
Mr. Sandeep Runwal – Managing Director, Runwal, 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 become one of Mumbai’s premier Real Estate organisation by creating landmarks within the area of development that led the group to establish a solid portfolio of 50 significant projects in the residential, commercial and retail space. He was the driving force behind Mumbai’s most famous landmark - the R City mall. Besides being one of the largest retail properties in the central 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 to manage one of largest retail portfolios that include R-mall Mulund & Thane, Runwal Odeon and R-City.
As a leader, he 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 is a keen traveler, an avid reader and has a passion for sports.
Associate Director
Saurabh Runwal was appointed as the Associate Director of Runwal Developer in September 2020. Since then he is actively involved across Residential and Retail projects of the group looking after Sales, Marketing, and Project Delivery.
Before his appointment, Saurabh was a Senior Associate Consultant at Bain & Company where his prime focus was on projects in Construction, Manufacturing, and Healthcare. He served the company for over two years was one of the fastest promotions in company history.
Saurabh graduated with as a CP Davis Engineering Scholar from Columbia University in 2018 where he studied Civil Engineering and Real Estate Economics. During his academics, Saurabh worked as an intern analyst at JLL, Barclays Investment Bank, and Strategy& - part of the PwC network. His school academic records are also impressive with him being graduated among the top 1% of the country in the ICSE (Indian Certificate of Secondary Education) Board Examinations. He completed his schooling at Bombay Scottish School and high school from B.D Somani and later went to complete his education program for in Algebra and Number Theory from Stanford University. Recently he ranked in the top 5 nationally for the Chartered Institute of Management Accounting examinations He is the third successor to the family-run business and brings a fresher perspective to the brand to scale it to greater heights.
In his spare time, Saurabh enjoys reading, stand-up comedy, and music, Investing in start-ups focusing on sustainability, mobility and proptech, writing insights and articles on the real estate sector, playing outdoor sports such as skiing, golf, scuba diving.
Managing Director
Mr. Subodh Runwal is the Managing Director of Runwal Developer . A Harvard Business School Alumnus and MBA Graduate from North Eastern University, Boston, he began his innings with the development of R City, one of the best malls in the country. With over two decades of experience in the real estate industry, he brings on board his ‘Nothing is Impossible’ attitude, a unique vision, and best management practices.
With his global outlook as well as a keen eye for detail, he is at the helm of a large portfolio spanning multiple asset classes such as Residential, Retail, and Commercial. With a passion for offering international quality developments, he has been instrumental in the design and development of the group’s large-format lifestyle townships in the MMR region. Under his leadership, the group has witnessed the rapid expansion and exponential growth and today Runwal Developer is among the top developers in India.
He has represented the group in numerous industry forums and is also close to social causes. He is one of the promoters of SREF (Subhash Runwal Education Foundation), which provides scholarships for higher education to deserving and meritorious students.
In the glorious journey of four decades, Runwal has achieved many milestones and has set a benchmark in the industry of Real Estate.
With over 2.32 million sq mt of development spread across 50 projects Mumbai, MMRDA and Pune region the Runwal has scripted robust track record for itself that has today become a benchmark in the industry.
Since its inception, the Runwal journey of a thousand miles entails many key milestones that has today made the name brand to reckon.