Runwal Realty (Runwal Developers Ltd.) is building RUNWAL GHODBUNDER ROAD, a 1.5-acre project offering 1, 2 and 3 BHK homes on Ghodbunder Road in Thane. The project is currently under construction. The corridor's apartment averages were around ₹15,000 to ₹15,450 per sq ft as of September 2026, according to portal data, and the road links the Eastern and Western Express Highways near Majiwada and Gaimukh.
RUNWAL GHODBUNDER ROAD sits on a 1.5-acre parcel and is planned in 1 BHK, 2 BHK and 3 BHK configurations, which gives buyers a range of sizes within one development. Its status is under construction, so buyers considering the project are looking at a build that is progressing on site rather than a completed home.
The project's location places it on a corridor that has seen steady residential growth. Ghodbunder Road runs for about 20 km through Thane, and its neighbouring localities of Kavesar (about 2 km from the road), Anand Nagar (3 km), Owale (4 km) and Bhayandarpada (5 km) give residents several established reference points within a short drive.
Runwal Developers Ltd. is the company behind the Runwal Realty brand, with a footprint across the Mumbai Metropolitan Region. Its best-known residential townships include Runwal Garden City in Dombivli, Runwal Greens in Mulund and Runwal Forests in Kanjurmarg. Each of these developments shows the group's preference for planned residential communities with open space and multi-configuration apartments, a product approach that carries over to the Ghodbunder Road project.
For buyers, the relevance of the group's Thane-area work is that its projects in the wider region are built for families and first-time owners as well as investors, and the 1, 2 and 3 BHK mix on Ghodbunder Road follows the same pattern.
Portal averages describe the locality rather than this specific project, but they show how the corridor is priced. The figures below are the reported averages for apartments on Ghodbunder Road.
| Source | Period | Average price per sq ft |
|---|---|---|
| Square Yards | September 2026 | ₹15,450 |
| 99acres (apartments) | July to September 2026 | ₹15,000 |
| NoBroker (listing-based) | October 2026 | ₹15,268 |
Rental demand is steady in the same locality. Apartment rents are reported at about ₹50 per sq ft per month as of September 2026, and portal-level rental yields are put at around 4.27 percent for the area. These are corridor-level indicators, not project-level figures.
The corridor connects the Eastern Express Highway with the Western Express Highway near Majiwada and Gaimukh, and it is served by the PIN code 400615. Thane railway station is about 7 to 10 km away depending on the route. A bus from Rutu Enclave and Muchhala College runs to Thane railway station roughly every 20 minutes, and the drive takes about 8 minutes under normal traffic.
Mumbai Metro Line 4 runs along the corridor, and its first phase between Gaimukh and Cadbury Junction is announced for December 2026. Stations named on the line in this area include Kasarvadavali, Vijay Garden and Kapurbawdi. Metro Line 5, linking Thane, Bhiwandi and Kalyan, runs parallel to it.
Road infrastructure is also moving ahead. MMRDA plans to widen Ghodbunder Road into a 7+7-lane concrete corridor at a cost of Rs 5 billion, and the Rs 22 billion Thane Coastal Road will run parallel to it as an east-west link. The Thane to Borivali twin tunnel, about 11.8 km long, is expected to connect Thane directly to the Western Express Highway, with completion expected around 2027 to 2028.
Thane One IT Park and TCS IT Park are within roughly eight to nine minutes, and Hiranandani Estate and Wagle Estate are close enough for regular commutes. Pharmaceutical companies including Novartis are also present in the wider area.
On the green side, Sanjay Gandhi National Park is reachable within 15 to 20 minutes from mid-corridor, and Yeoor Hills and Upvan Lake are close by. Residents often cite the green cover and views as one of the main draws of the stretch.
Buyers looking at Runwal Realty (Runwal Developers Ltd.) on Ghodbunder Road are choosing a location that combines road access to both expressways, a metro line that is nearing operation, a planned tunnel and road upgrades, and a established set of malls, hospitals and schools. The project's 1 to 3 BHK range and its 1.5-acre site make it a fit for end users and for buyers who want a rental-ready home in a corridor where rental demand is reported as steady.