Runwal Group buys Thane land for Rs. 471 crore

Real estate firm Runwal Group has bought a 20.96 acre land parcel at Thane, near Mumbai for Rs. 471 crores from PB Global Ltd.

The land deal which has taken place in tranches, is a transfer between Runwal affiliate Dhruva Woollen Mills Pvt. Ltd. and PB Global. The transaction, in separate agreements, was registered on 5th April, 2022, according to CRE Matrix, a real estate data analytics firm.