Update10 Apr 2026

Sandeep Runwal of Runwal Realty Appointed Chairman of NAREDCO Maharashtra

Industry Leadership

Sandeep Runwal has taken over as Chairman of NAREDCO Maharashtra, bringing nearly five decades of real estate expertise to one of India's most influential industry bodies. The Change of Guard Ceremony took place at the Taj Mahal Palace, Mumbai, marking a significant institutional transition for the state's real estate sector.

Runwal Realty under the leadership of Managing Director, Mr. Sandeep Runwal, is one of India's leading luxury and lifestyle real estate developers, with over 35 delivered projects across key locations in the MMR and Pune regions. Beyond residential developments, the company 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.

The Broader Leadership Team

Kamlesh Thakur, Founder and Managing Director, Srishti Group, took over as President from Prashant Sharma. Jay Goenka, Executive Director, Dynamix Group, assumed charge as Secretary from Rajesh Doshi, while Manan Shah, Managing Director, MICL Group, took over as Treasurer from Hitesh Bhagtani. Prashant Sharma has now assumed the role of Vice Chairman.

The event brought together policymakers, industry leaders and stakeholders to discuss urban development and housing in Maharashtra. The ceremony was attended by BMC Municipal Commissioner Smt. Ashwini Bhide, Mayor of Mumbai Smt. Ritu Tawade and other senior dignitaries, reflecting the government's continued focus on strengthening the real estate ecosystem and promoting sustainable urban growth.

Strategic Direction for the Sector

The new leadership outlined an inclusive agenda focused on policy advocacy, transparency, digital adoption and sectoral growth. The new leadership announced a forward-looking agenda with an 'all-inclusive' approach, focusing on policy advocacy, transparency, and overall sectoral growth.

On the occasion, NAREDCO Maharashtra also launched an innovative and first-of-its-kind 'NAREDCO ONE' Digital App, aimed at bringing all developer-members onto a unified digital platform to enable better interaction, seamless information exchange, and a more progressive ecosystem.

About NAREDCO Maharashtra

NAREDCO, established in 1998 under the auspices of the Ministry of Housing and Urban Affairs, Government of India, is the prominent industry association for the real estate sector in India. Its primary objective is to provide a legitimate platform for the government, real estate industry, and the general public to address their concerns and find effective solutions to the challenges faced by the real estate sector.

NAREDCO is the First Self Regulatory Organization appointed by MahaRERA. Members of NAREDCO Maharashtra, including various chapter representatives from across the state--such as Pune, Nashik, Nagpur, and Karad--were also present at the event.

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