Runwal
Runwal is a privately held real estate company based in Mumbai, India, with a team of 537 employees. Founded in 1978, it is recognized for its quality construction, community initiatives, and diverse portfolio in residential, commercial, and retail segments.
Company Overview
Runwal is a privately held company established in 1978, operating in the real estate industry. With a team size of 537, it is classified as a large business. The company is headquartered in Mumbai, India, and is recognized for its commitment to quality and innovation in property development. Runwal has pioneered the concept of post-sale property maintenance and management in the Indian real estate market, enhancing the overall customer experience.
Real Estate Projects
Runwal manages a diverse portfolio that includes 14 ongoing projects, covering approximately 1.21 million square meters in the Mumbai and MMRDA region. The company has completed over 51 projects across residential, commercial, and retail segments. It focuses on developing properties in various segments, including uber-luxury, luxury, premium, and aspirational residences. Notable developments include R City, one of the largest retail properties in central Mumbai, and large-format lifestyle townships in the MMR region.
Corporate Social Responsibility
Runwal has a comprehensive CSR strategy that encompasses education, healthcare, community building, women empowerment, and disaster relief. The company donates scholarships to over 150 students annually through its foundation. Additionally, it has contributed to healthcare initiatives by donating a cardiac ambulance and vision vehicles, and has played a significant role in the construction of a cancer hospital in Amravati.
Awards and Recognition
Runwal has received multiple accolades for its contributions to the real estate sector. It has been recognized as one of the '50 Best Real Estate and Infrastructure Companies' by Construction Week and has been conferred with the 'Construction Week Hall Of Fame' award. The company has also received the 'Star Realty – Lords of the Land award' and the 'CNBC AWAAZ Real Estate Award' for its excellence in the industry.
Community Initiatives
Runwal has been actively involved in community building initiatives, including the construction of hostels for boys and girls. The company emphasizes its commitment to improving lifestyles in India through its real estate developments and community-focused projects. Its strategic spread of projects ensures comprehensive coverage across various segments of the real estate developer spectrum.