Runwal Realty, formally Runwal Developers Ltd., traces its presence in Kanjurmarg West to Runwal Forest Lily, a high-rise tower on Lal Bahadur Shastri Marg near the Mangatram Petrol Pump in Ambedkar Nagar. The developer's own account of its history places its founding in 1978 under Subhash Runwal, with the company today headquartered in Sion and led by Promoter and Managing Director Sandeep Runwal, operating across residential, commercial and organised retail real estate in Mumbai, Thane and Pune.
Kanjurmarg itself has grown into a recognisable address for the group. The Runwal name is closely tied to this stretch of the eastern suburbs, and Runwal Forest Lily gave the developer a specific, air-conditioned 3 BHK offering within the larger Runwal Forests development on a 15-acre parcel along LBS Marg.
Lily was introduced in December 2021 as a dedicated residential tower within Runwal Forests, positioned as a lifestyle address of private decks and forest-facing views rather than a standard apartment block. The tower was planned with 48 floors and about 190 apartments, offering 3-bedroom residences with carpet areas of roughly 983 sq.ft. and 1,129 sq.ft., 11-foot floor-to-floor heights, and private decks. Residents were positioned to look out over the project's central greens, the surrounding mangroves, Powai Lake and Sanjay Gandhi National Park.
The tower carries amenities typical of the wider Runwal Forests township, including a mini-theatre, party hall, cafe, squash and tennis courts, a games room, a steam and massage room, two swimming pools with a separate kids' pool, a clubhouse, a cricket ground, green trails and a jogging track. The project is registered with MahaRERA across its towers, with registration numbers recorded as P51800000818 for Towers 1-4, P51800001838 for Towers 5-8 and P51800001137 for Towers 9-11. Reported starting prices for Lily begin from around ₹2.97 crore, with possession pegged for July 2026.
Kanjurmarg railway station on the Central Line, which opened in January 1968, remains the area's core public-transport anchor, and Runwal Forest Lily sits directly off LBS Marg, one of the corridor's primary arterial roads. The locality's appeal for a developer of Runwal Realty's scale rests on connectivity that is already dense and getting denser: Kanjurmarg is close to JVLR, the Eastern Express Highway and the Eastern Freeway, with proximity to the commercial and industrial hubs of Powai, Bhandup, BKC, Ghatkopar and Thane driving housing demand in the belt.
Two metro lines are under construction through this stretch. Mumbai Metro Line 6, the Pink Line, is an elevated 15.31 km corridor connecting Swami Samarth Nagar in Andheri to Vikhroli, with a Kanjur Marg (West) station designed as a key interchange with Line 4, the Green Line, which runs from Wadala to Kasarvadavali in Thane via a Gandhi Nagar (Kanjurmarg) station. As of late 2025, construction on the Pink Line stood at 97% for pile caps and 95% for piers, with the project targeted for operational readiness by the end of 2026. The proposed Goregaon-Mulund Link Road is expected to cut travel time between those two suburbs sharply, and Kanjurmarg falls directly on that route.
This connectivity has translated into measurable price appreciation. Property prices along LBS Marg in Kanjurmarg are reported to have risen by roughly 48.82% between 2016 and 2025, even as the locality's overall price base has stayed comparatively lower than more built-out neighbours like Powai, where the saturation of housing has itself pushed demand eastward into Kanjurmarg.
Runwal Forest Lily's immediate surroundings include St. Xavier's High School, Fortis Hospital and Carnival Cinemas, along with L.H. Hiranandani Hospital roughly 3.3 km away in neighbouring Powai. Powai itself, just across LBS Marg, hosts IIT Bombay and IIM Mumbai, along with offices of companies including Nomura, CRISIL, Deloitte and Bayer, making the corridor between Kanjurmarg and Powai one of the east suburbs' more established employment and education clusters.
Per figures the company has disclosed from its Draft Red Herring Prospectus filed with SEBI in September 2025, Runwal Realty has delivered 35 completed projects spanning 11.22 million square feet across Mumbai, Thane and Pune. Its residential portfolio extends from ultra-luxury sky mansions at Malabar Hill and sea-view residences in Worli and Parel to township-scale living in Thane and a 26-acre mixed-use development in Chinchwad, Pune. Named projects include Runwal Nirvana in Parel, recognised as Residential High Rise Development for India at the Asia Pacific Property Awards, Runwal One, a 21-acre integrated development in Manpada, Thane, that won Best Mixed Use Development India at the same awards, and Runwal Raaya in Worli's Golden Triangle, designed by global architecture firm Broadway Malyan. On the commercial and retail side, the group's footprint includes R Square office addresses in Andheri and Mulund and R City in Ghatkopar West, a 1.2 million sq. ft. mall housing more than 350 brands.
| Detail | Runwal Forest Lily, Kanjurmarg West |
|---|---|
| Configuration | 3 BHK apartments |
| Carpet area | Approx. 983 sq.ft. and 1,129 sq.ft. |
| Tower height | 48 floors, approx. 190 apartments |
| Location | LBS Marg, near Mangatram Petrol Pump, Ambedkar Nagar, Kanjurmarg West |
| MahaRERA registration | P51800000818 / P51800001838 / P51800001137 |
| Reported possession | July 2026 |
