Runwal Group invests Rs 45 billion in commercial real estate
Real Estate

Runwal Group invests Rs 45 billion in commercial real estate

The real estate powerhouse Runwal Group has entered the commercial real estate development market with a plan to build over 10.5 million square feet of office space for an initial investment of Rs 45 billion over the following four years, including the purchase of land.

In phases, the company will build three commercial real estate developments in Viman Nagar in Pune, as well as in Kanjurmarg and Dombivli in Mumbai. Over 1 million square feet of these have already seen construction in the projects Runwal Commerz in Kanjurmarg and Runwal Edge in Dombivli.

In order to finance these developments, Runwal Group intends to use a combination of internal accruals and debt. The mixed-use complexes that incorporate upscale residential projects, sizable open green areas, and retail elements will include these campus-style developments.

After a successful run in the residential and retail sectors, we are now venturing into the commercial sector. The connectivity of the entire region is substantially changing as a result of the infrastructural development in and around Mumbai. These upmarket office spaces will serve companies in Mumbai and its neighbouring business hubs of Navi Mumbai, Thane, and Kalyan.

Also read:
How to be energy-efficient in roofing and cladding
A Tale of Two Cities in a global village


The real estate powerhouse Runwal Group has entered the commercial real estate development market with a plan to build over 10.5 million square feet of office space for an initial investment of Rs 45 billion over the following four years, including the purchase of land. In phases, the company will build three commercial real estate developments in Viman Nagar in Pune, as well as in Kanjurmarg and Dombivli in Mumbai. Over 1 million square feet of these have already seen construction in the projects Runwal Commerz in Kanjurmarg and Runwal Edge in Dombivli. In order to finance these developments, Runwal Group intends to use a combination of internal accruals and debt. The mixed-use complexes that incorporate upscale residential projects, sizable open green areas, and retail elements will include these campus-style developments. After a successful run in the residential and retail sectors, we are now venturing into the commercial sector. The connectivity of the entire region is substantially changing as a result of the infrastructural development in and around Mumbai. These upmarket office spaces will serve companies in Mumbai and its neighbouring business hubs of Navi Mumbai, Thane, and Kalyan. Also read: How to be energy-efficient in roofing and cladding A Tale of Two Cities in a global village

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?