Runwal Realty, the brand of Runwal Developers Ltd., has been building across Mumbai, the Mumbai Metropolitan Region, and Pune since 1978. Founded by Subhash Runwal and led today by Promoter and Managing Director Sandeep Runwal, the company has delivered 35 completed projects spanning 11.22 million square feet. Within Thane, the group has concentrated much of that output along a single high-value corridor — Balkum and Majiwada in Thane West — building a generational presence that spans from a mature township to a tower now under construction.
Beyond residential development, Runwal Realty has built a diversified platform spanning retail, commercial, and hospitality, including landmark assets such as R City Mall in Ghatkopar and R Square in Andheri, with an upcoming hospitality portfolio across Worli, Thane, Pune, and Alibaug. In Thane specifically, only the Runwal Garden City project in Thane is a project of Runwal Realty — a distinction that helps buyers understand that the Garden City township in Balkum and Runwal Zenith are both direct Runwal Realty (Runwal Developers Ltd.) developments, separate from the broader Runwal group entity.
Runwal Garden City, situated in Balkum, Thane, is spread across 27 acres and houses 2,124 spacious 1 to 3 BHK apartments across multiple towers. It is a completely planned township that includes both commercial and residential spaces alongside essential services like hospitals, schools, clubs, and parks within a single address. The township is fully delivered and established, giving Runwal Realty a proven, inhabited community at this location — a relatively rare footing for any developer in the Balkum micro-market.
The next chapter in Balkum-Majiwada is Runwal Zenith. Runwal Zenith is a standalone residential tower set across G+51 storeys with 49 habitable floors and three dedicated levels of recreational amenities spread across 16,500 sq. ft. of podium and rooftop space. Located opposite Runwal Garden City in Balkum, the project offers exclusively 3 BHK deck residences, each with premium finishes, floor-to-ceiling windows, and expansive private balconies.
The tower is one of the tallest in the Thane region, offering an unobstructed 360-degree perspective of Brahmand Creek, Yeoor Hills, and the Mumbai metropolitan skyline. With just 6 apartments per floor across 290 total units, Runwal Zenith is purposefully low-density — ensuring exclusivity and privacy.
| Detail | Specification |
|---|---|
| Configuration | 3 BHK (with Jodi apartment option) |
| Carpet Area Range | 934 sq. ft. to 1,172 sq. ft. |
| Tower Height | 57 storeys |
| Total Units | 290 units; 6 per floor |
| MahaRERA Registration | P51700046734 |
| Possession | September 2027 |
| Price Range | ₹1.88 Cr to ₹2.45 Cr |
Runwal Zenith sits adjacent to the ISKCON Temple Balkum and R Mall, with Ghodbunder Road at just 400 metres and the Eastern Express Highway at 1.2 km. That placement is not incidental — Majiwada Junction is the nodal point where Thane's two dominant road arteries converge, making it one of the most accessible addresses in Thane West for both Mumbai-bound and Navi Mumbai-bound commuters.
The coming infrastructure only strengthens that logic. Metro Line 5 (Thane–Bhiwandi–Kalyan), with Phase 1 expected to become operational by December 2026, is opening up the Balkum and Kasarvadavali micro-markets to a new demographic of commuters who previously found the central railway line too congested. The upcoming Balkum Naka Metro Station is just 0.6 km from the project, which means Runwal Zenith buyers will have walkable metro access once the line is commissioned.
Mumbai International Airport is approximately 45 minutes away, while Jupiter Hospital, Viviana Mall, Korum Mall, and Ashar IT Park are all within a short drive. The proximity to BKC and Airoli business hubs makes the address equally attractive for Mumbai's corporate professionals.
Average property rates per sq. ft. in Balkum for flats stand at around ₹20,450. In terms of price movement, flat rates in Balkum changed by 2.3% in the last one year, 13.9% in the last three years, and 32.4% in the last five years. Majiwada tracks closely: average flat rates in Majiwada stand at approximately ₹20,000 per sq. ft., with prices having moved 13.6% over three years and 27% over five years.
Most A-grade and township projects in Kolshet, Manpada, and Majiwada now quote ₹17,000–22,000 per sq. ft., pushing ticket sizes above ₹1.6–2.0 crore. Runwal Zenith's 3 BHK pricing of ₹1.88–2.45 Cr sits squarely within this band, consistent with where the micro-market has moved for new construction. The average rental yield in Balkum stands at 4%, supported by the area's established corporate catchment and social infrastructure.
As infrastructure viaducts reached 90% completion, property values in adjacent neighbourhoods like Kapurbawdi and Majiwada saw immediate jumps — a pattern that buyers in Balkum have watched closely as metro progress accelerates through 2026.
Three dedicated levels of recreational amenities are spread across 16,500 sq. ft. of podium and rooftop indulgences. The project features a fitness centre, children's play area, gym, senior citizen area, grand entrance and drop-off lobby, yoga and meditation centre, swimming pool, and indoor games. EV charging infrastructure is also included.
For buyers who weigh Runwal Zenith against the established Runwal Garden City township next door, the Zenith tower follows Runwal's successful delivery of Runwal Eirene, Runwal Garden City Dahlia, and Runwal Codename Enchanted at this Thane location — a track record of consecutive completions that anchors the developer's credibility specifically within this sub-market.
The project's builder subvention payment plan is structured as 10% on booking, 85% on initiation of the terrace slab, and 5% on possession — a construction-linked structure that ties the bulk of the buyer's exposure to a defined construction milestone rather than to time alone.
