π Tender Overview
Scope : To Build Commercial Real Estate 'Runwal Edge' in Dombivli, Mumbai, Maharshtra
Runwal Group has forayed into commercial real estate and plans to develop office space over the next four years.
This will is phased development of commercial real estate project in Mumbaiβs Dombivli. It has commenced work on its 'Runwal Edge' in Dombivli spanning 1 million sq. ft. In the total proposed development.
'Runwal Edge' in Dombivli will be part of a large integrated township Runwal Gardens spread over 115 acres, comprising a total of six towers across three phases.
Runwal Group plans to fund the investments through a mix of internal accruals and debt. The developments will be part of the mixed-use developments which offer premium residential project, open green spaces and retail components.