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Our Journey

Our Company 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

Foundation by Subhash Runwal

Laying the foundation of our real estate journey

1993

Leadership Expansion

Sandeep Subhash Runwal joined the business

2003

Foray into Retail

Opened R Mall, Mulund, marking entry into organized retail developments

2006

Global Partnerships

Formed JV with a global long-term investor from Singapore

2009

Scaling Retail

Inauguration of R-City Mall the largest Grade A Mall in Mumbai’s Eastern suburbs (with leasable area of 1.23 million square feet)

2012-2017

Entering South & Central Mumbai

Launched The Reserve in Worli & the residences of Nepean Sea Road & Nirvana at Parel

2019

Commercial footprint

Partnered with global equity partner for developing commercial project in MMR

2020

Geographic Expansion to Pune

Launched mixed used development in Pune

2023

Township growth & Strategic Transactions

Full exit to strategic partners Launched a mixed-use development in MMR which received gold pre-certification by IGBC in 2025

2024-2025

Strategic Acquisitions & Redevelopment

Acquired 4.2 acres land in South & Central Mumbai
5 redevelopment projects (2.14 million sq. ft.) in western suburbs