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

