imported>Nerilanik: Importing Wikidata short description: "Indian Businessman and Real Estate Mogul" (Shortdesc helper)

2021-08-16T19:18:37Z

Importing Wikidata short description: "Indian Businessman and Real Estate Mogul" (Shortdesc helper)

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{{Short description|Indian Businessman and Real Estate Mogul}}
{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}
'''Subhash Runwal''' is an [[Indian people|Indian]] real estate entrepreneur, founder and chairman of Runwal Group. He has a net worth of 1 billion dollars.<ref>{{cite news|title=Subhash Runwal - The Worlds Billionaires|url=https://www.forbes.com/profile/subhash-runwal/|accessdate=4 March 2015|work=Forbes}}</ref> Mumbai property tycoon Subhash Runwal chairs the Runwal Group, known for building homes in the city and its suburbs It also owns several malls and counts the Singapore government's GIC as a key investor in that business. A trained accountant, Runwal was born in a small town in Maharashtra and migrated to Mumbai at age 21. He worked as an accountant for nearly a decade before taking the plunge into real estate in 1978.

==Early life==
Subhash Runwal was born (on 25 May) one of five siblings, left the town of Dhulia and went to study commerce in Pune city. After graduating in commerce, he decided to do his chartered accountancy and moved to Mumbai with less than $2 in his pocket at age 21.<ref>{{cite news|title=India's Newest Billionaire, Subhash Runwal, Built A Property Empire From Nothing|url=https://www.forbes.com/sites/naazneenkarmali/2015/03/02/indias-newest-billionaire-subhash-runwal-built-a-property-empire-from-nothing/#557ce3bd7532/|accessdate=4 March 2015|work=Forbes}}</ref>

== Runwal Group==
Subhash Runwal founded his real estate business Runwal Group in 1978 and purchased a 22 acres plot in central suburb of Mumbai.<ref>{{cite news|title=Runwal Group|url=http://articles.economictimes.indiatimes.com/2006-09-03/personal-finance/27444484_1_flats-storeyed-bhk|accessdate=4 March 2015|publisher=The Economic Times}}</ref>

==Awards==
* 1. Samaj Ratna Award by President of India 2015<ref>{{cite news|title=A reason to rejoice|url=http://lite.epaper.timesofindia.com/mobile.aspx?article=yes&pageid=31&sectid=edid=&edlabel=TOIM&mydateHid=15-07-2012&pubname=Times+of+India+-+Mumbai&edname=&articleid=Ar03103&publabel=TOI|accessdate=4 March 2015|publisher=Times of India}}</ref>

==Associations==
Subhash serves as president of Jain International Trade Organisation, president of Bharat Jain Mahamandal and treasurer of World Jain. He is trustee of the Mahavir Foundation and Subhash Runwal Education Foundation.<ref>{{cite news|title=Subhash S. Runwal|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=223987313&privcapId=34484833&previousCapId=34484833&previousTitle=Runwal%2520Group|accessdate=4 March 2015|publisher=Bloomberg}}</ref>

==Family==
Subhash is married to Chanda and have two son Sandeep, Subodh and one daughter Sangeeta. His son Sandeep Runwal and Subodh Runwal are now working with him in his real estate business.<ref>{{cite news|title=Father, Son & Co.|url=http://www.businessworld.in/news/business/infrastructure/father-son-&-co/358233/page-1.html|accessdate=4 March 2015|publisher=Business World}}</ref>

==References==
{{reflist}}

{{DEFAULTSORT:Runwal, Subhash}}
[[Category:Living people]]
[[Category:1943 births]]
[[Category:Businesspeople from Mumbai]]
[[Category:Indian billionaires]]
[[Category:Indian real estate businesspeople]]

Subhash Runwal - Revision history

imported>Nerilanik: Importing Wikidata short description: "Indian Businessman and Real Estate Mogul" (Shortdesc helper)