Mumbai, 22nd November 2019: Runwal Group, one of Mumbai’s leading real estate developers have clocked record sales for its newly launched project Runwal Gardens at Dombivli which is spread over 115 acres. The project which is located in the heart of Dombivli at Manpada has received a massive response with as many as 1200 units sold in 20 days, over 7000 walk-ins visiting the site and only a few inventories left from the pre-launch phase. The project has emerged as the preferred choice for buyers who consider connectivity, convenience and surrounding gentry to be an important factor for buying a property.
According to Knight Frank’s affordability matrix, houses in Indian cities are far more affordable now as compared to 2010; especially in Mumbai, Pune and Bengaluru, making it the right time for fence-sitters to take the plunge. While buyers in Mumbai had to shell out 11 times their annual income to buy a house in the megalopolis in 2010, the figure is now down to just 7.2 times their annual income, making houses more affordable than they were eight to nine years back. It seems like the success of Runwal Garden along with the new affordable launches from other developers will herald the revival of the real estate sector.
Commenting on the success factors, Mr. Rajat Rastogi, Executive Director, Runwal Group says, “We are delighted by the overwhelming response for Runwal Gardens. Also, the success of the project is the affirmation of the fact that good projects by trusted developers are doing well. The kind of response we have got for the project has excited us to launch the second phase sooner. Today’s home buyers, especially the millennials, are known to explore various aspects before making property decisions. Dombivli fits the bill perfectly not just in terms of location but also accessibility to the workplace, premium amenities, infrastructure and value for money. Hence, we decided to bring in an integrated township with an international lifestyle yet keeping it affordable. Homes here will be surrounded by massive green open spaces while having all conveniences just a short walk away.”
The township is planned keeping all basic and lifestyle needs within a 5-minute walking distance. Be it a renowned school, plush high street retail with a 10 lakh sqft world-class shopping mall, office spaces or a multi-specialty hospital, everything is within its premises. This integrated township will have huge green open spaces with a central park of approx. 11 acres and 14 gardens within the campus. Residences at Runwal Gardens will have multiple configurations of 1, 2 & 3-bed homes, with starting prices as low as Rs.38 lacs. Most of the apartments have been planned to be garden facing with beautiful views of nature.
Runwal Gardens offers over a hundred amenities such as a cricket ground, amphitheatre, gazebo picnic areas, secret gardens, reflexology, pet creche, wifi pillars, star gazing deck, health juice kiosks, herb garden, skating rink, toddler park, senior citizen area, 3.4 km jogging & cycling track, butterfly garden, bird feeders & bird zone, silent entertainment zone, barbeque zone, temple and many more to spend your leisure time. A 67,000 elevated clubhouse in the first phase will be one of the largest in the region and will comprise of state-of-the-art gym, swimming pool and various sports facilities such as tennis, squash, badminton etc. A separate indoor swimming pool has been planned exclusively for ladies.
Its location will offer excellent rail and road connectivity to Thane, Navi Mumbai and Mumbai as it is within close proximity to multiple existing and upcoming transport lines. It is situated right on the main Kalyan-Shil Road and is just 15 minutes away from Dombivli railway station. It is also within close proximity to the proposed Metro line, Vasai-Panvel railway line, Virar-Alibaug multimodal corridor and the Airoli-Katai tunnel road. These will enhance commute and cut down travel times significantly.
With numerous luxurious amenities and a booming location with seamless connectivity, Runwal Gardens is all set to redefine the best of living experiences for generations to come.
About Runwal Group
Mumbai based Runwal Group was established in 1978 by its visionary Chairman – Mr. Subhash Runwal. Four decades later, the group has emerged as a leading name in Mumbai’s real estate sector with a huge portfolio that comprises of over 65 projects and millions of square feet of quality developments. With 50 delivered projects, the group has brought smiles to more than 25,000 happy families across all corners of Mumbai. Apart from residential projects, the group is also a pioneer in the mall development arena and is well known for its iconic project in Mumbai – R City. Runwal Greens and Runwal Pinnacle at Mulund West, Runwal Bliss in Kanjurmarg East and Runwal Forests in Kanjurmarg West are amongst the group’s recent projects known for their quality lifestyle offerings. Runwal Greens was recently completed and has already evolved into a vibrant community, a landmark in Mulund.
Each project is spread across a large expanse with huge open green spaces and premium amenities, fulfilling the dream of every home-buyer to live in the lap of nature away from hustle and bustle even while being in the heart of the city.