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About
 

Runwal Enterprises

Our Group Originates from Runwal Group established in 1978 by visionary Mr. Subhash Runwal. We are a real estate developer present across the full spectrum of real estate development, specializing in residential projects that cater to affordable, mid-income, and luxury segments, as well as commercial spaces, retail malls and educational buildings. (Source: JLL Report) We are a recognized brand in the industry and have a strong presence in Mumbai. (Source: JLL Report)
Our real estate development business spans all activities related to real estate development, from the identification and acquisition of land through to the planning, execution, marketing and sales of our development projects. It is through this process that we develop a variety of residential and commercial projects comprising apartments, retail spaces, offices, schools, hospitals, and townhalls. As of September 30, 2024, we have developed and are in the process of developing an aggregate Developable Area of 28.53 million square feet of residential, retail and commercial properties, which include residential buildings, townships, corporate offices, retail malls, retail spaces, schools and various other real estate projects spread across the eastern, central, peripheral central, south central and western suburbs of Mumbai.
Our vision is to be a full-service real estate developer in Mumbai, developing both residential and non- residential projects (across the price spectrum) and in communities (including integrated townships) that feature a wide range of amenities and iconic landmarks.

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Directors

Board of Directors

Subodh-Runwal

Subodh Subhash Runwal

Chairman and Managing Director

Aged 49 years, is the Chairman and Managing Director of our Company. He holds a bachelor’s degree in commerce with subject specialisation in financial accounting and auditing from R.A. Podar College of Commerce and Economics, University of Mumbai, master’s degree in business administration from Northeastern University and has completed an introductory course in philosophy (living philosophy) from New Acropolis International Organisation.

He has participated in the ‘Innovative Strategies for a Dynamic Economy’ program held by the Stanford Graduate School of Business and Stanford School of Engineering, Stanford University in 2007 and completed the 50 th session of the owner/president management programme from Harvard Business School. He is responsible for the overall direction of the Company, including setting long-term goals and objectives. He was awarded ‘Bhoomi Namaskar’ award on World Environment Day, 2024 and ‘Green Crusader’ award from Bhamla Foundation. He was previously associated with Wheelabrator Alloy Castings Limited, Runwal Residency Private Limited and Runwal Apartments Private Limited erstwhile name of our Company. He has 29 years of experience in the real estate sector.

Lucy-Roychoudhury

Lucy Roychoudhury

Non-Executive Director

Aged 55 years, is a Non-Executive Director of our Company. She has cleared her secondary schooling from Julien Day School, Calcutta. She holds a diploma in hotel management from National Council for Hotel Management and Catering Technology,New Delhi.

She was awarded ‘Women Super Achiever in Retail’ award for retail excellence from Reid and Taylor in 2009. She was previously associated with Holiday Inn - Bombay, Mahindra Gesco Developers Limited, The Bombay Dyeing and Manufacturing Company Limited, Hirco Developments Private Limited, Oberoi Realty Limited, Make Waves Sea Resort Private Limited and Shapoorji Pallonji and Company Private Limited. She has 26 years of experience in the real estate and hospitality sector.

Pradumna-kanodia

Pradumna Kanodia

Non-Executive Director

Aged 60 years, is a Non-Executive Director of our Company. He holds a bachelor’s degree in commerce from University of Rajasthan, Jaipur. He holds a post graduate diploma in management programme through distance learning from Indian Institute of Modern Management, Pune, Maharashtra.

He is also a member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India. He was previously associated with Welspun One Logistics Parks Development Management Private Limited, Sobha Developers Limited, Premsagar Hotels Private Limited and Marketing City Resources Private Limited. He has 16 years of experience in corporate management, finance and strategic planning.

Mukesh-Gupta

Mukesh Gupta

Non-Executive Independent Director

Aged 63 years, is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in science from Rajasthan University and a master’s degree in business administration from Sikkim Manipal University.

He has also completed the certification programme in IT and cyber security for board members from Institute of Development and Research in Banking Technology in 2023 and cleared the licentiate examination from Insurance Institute of India in 2016. He was previously served as managing director in the central office of Life Insurance Corporation of India, Mumbai. He has 37 years of experience in the insurance sector.

Sidharath-Kapur

Sidharath Kapur

Non-Executive Independent Director

Aged 62 years, is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in commerce (honours course) from University of Delhi. He has been associated with our Company since March 3, 2025.

He was previously associated with GMR Airports Limited, Petronet India Limited, Adani Enterprises Limited, ACME Solar Holdings Private Limited, Transocean Offshore International Ventures Limited, Apple Finance Limited and Bahrain Financial Harbour Holding Company B.S.C. Additionally, he served as chief executive officer - airports and chief operating officer in Adani Ports & SEZ Limited and Bahrain Financial Harbour Holding Company B.S.C., respectively. He is also a member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India. He has 24 years of experience in the airports, renewable energy and finance sector.

Aparna-Chaturvedi

Aparna Chaturvedi

Non-Executive Independent Director

Aged 66 years, is a Non-Executive Independent Director of our Company. She holds a bachelor’s degree in science and a master’s degree in business administration from Lucknow University. She has also completed ‘International Senior Executives Course 74’ from the International Centre of Manchester Business School.

She served as an executive vice president in the department of sales and marketing in UTI Asset Management Company Limited. She has 27 years of experience in sales and marketing.

Leadership

Leadership Team

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Snehal Runwal

Director

A visionary leader with over 25 years of experience in the real estate industry, Snehal Runwal brings a unique blend of creativity and strategic insight to her role as Director at Runwal Enterprises. With a background in interior design, she has been deeply involved in shaping the development of residential, commercial, and retail spaces. Her commitment to innovation, sustainability, and customer-centric values has been instrumental in driving the company’s growth and establishing Runwal Enterprises as a trusted and influential name in the industry.

Rucy Roychoudhury

Sidharth Runwal

Director

Sidharth Runwal is a forward-thinking third-generation entrepreneur driving innovation and strategic expansion at Runwal Enterprises, one of India's leading real estate firms. With expertise in technology, finance, and venture building, he applies a data-driven approach to real estate development and investment. His proficiency in private equity negotiations, property technology, and operational efficiency ensures the successful execution of large-scale projects. Sidharth simultaneously completed his Bachelors and Masters Degrees in Engineering with Honours from Northwestern University, Chicago.

Rucy Roychoudhury

Lucy Roychoudhury

Non-Executive Director

A seasoned real estate professional, she has worked with the top names of the industry such as Shapoorji Enterprises, Oberoi Realty, Hirco & Mahindra Lifespaces over the past 22 years. Her hospitality/hotel management background enables her to manage the customer relationship portfolio efficiently along with the overall operations of Runwal Bliss.

Suhit Shetty

Sujit Shetty

Head Legal

With over 2 decades of work experience, he has worked with brands such as Oberoi Realty, Radius Developers, K. Raheja Corp and many more. He has in depth knowledge and vast exposure to domains such as corporate law, due diligence, litigation, negotiation, contracts, joint ventures and investment laws.

Linus Noronha

Linus Noronha

Head Design

Backed by rich experience which spans a career of almost of 25 years, he has worked with leading real estate brands like Mahindra Lifespaces and Kalpataru. He has also worked with international design houses such as Arif & Bintoak and RMJM in Dubai, in addition to reputed Indian names like Pheroze Kudianavala Consultants. He has a keen eye for detail, great sense of design and aesthetics along with an excellent understanding of the business.

Neeta Shendge

Neeta Shendge

Head HR

She has almost 3 decades of work experience in the human resources field. She has worked with brands like ATCO and Sheth Developers prior to joining Runwal Enterprises. With deep understanding of business operations as well as soft aspects, she has been driving end to end HR functions for the Runwal Enterprises which includes recruitments, training & development, payroll and performance.

Vision, Mission, Values

Vision

Building a legacy of trust creating world class developments and communities

Mission

To build sustainable, world class communities by delivering innovative real estate solutions that inspire trust, excellence and long-term value

Values

Customer centricity, quality, trust, commitment and innovation

Philosophy

Business Philosophy

Runwal Enterprises’s belief in ethical trade practices, commitment to offering high-quality residences, the urge to innovate and the customer-centric approach has helped establish it as one of the leading developers in India.

The Runwal Enterprises’s philosophy is based on the following 5 pillars –

Customer Centricity

Quality

Trust

Transparency

Innovation

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