Runwal Group makes a big foray into commercial real estate after cementing its position in residential and retail segments
Runwal Group, one of India’s top real estate developers, is a well-known name in residential and retail real estate business. With the iconic R City, R Mall and R Galleria in retail and numerous residential projects across MMR, the group has been a dominant name in the industry.
City Air News
Mar 30, 2023 01:44
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Mumbai, March 30, 2023: Runwal Group, one of India’s top real estate developers, is a well-known name in residential and retail real estate business. With the iconic R City, R Mall and R Galleria in retail and numerous residential projects across MMR, the group has been a dominant name in the industry.
After its continued success in residential and retail sectors, the group has now forayed into the commercial real estate space with ambitious plans with proposed investment of Rs. 4,500 crores over a period of 4 years. Runwal Group has recently announced the launch of two premium large scale commercial developments in MMR – Runwal Commerz at Kanjurmarg and Runwal Edge at Dombivli. Both these projects are situated within township developments offering a holistic lifestyle with all conveniences within a five minute walk. These are Runwal City Centre, Kanjurmarg and Runwal Gardens, Dombivli. The total initial commercial footprint that the group is looking at is approx. 10.5 million square feet, which includes Pune as well.
In addition to being built to exceed international standards including green certification and Well ratings, these grade A business spaces will feature grand entrance lobbies, plush foyers and green open spaces.
Speaking on the occasion, Subodh Runwal, Managing Director, Runwal Group said, “After the continued success of our residential & retail offerings, we are extremely delighted to now unveil our commercial developments. These premium office spaces will cater to businesses in Mumbai and surrounding areas of Navi Mumbai, Thane and Kalyan. These projects promote the ‘Walk to Work’ concept with sustainable living as the core philosophy, offering occupants & residents a range of world class facilities along with beautiful green surroundings, all within a five minute walk.”
