Suraj Estate Developers Achieves ₹200 Crore Bookings in 45 Days
Filing Summary
Suraj Estate Developers Limited reported ₹200 crore in gross bookings from its commercial project, Suraj One Business Bay, within 45 days of its launch in mid-November 2025. The project, located in South Central Mumbai, covers a sale area of 40,000 square feet. The total estimated project gross development value (GDV) is ₹1,200 crore. The development includes 2.09 lakh square feet of sale area on 0.75 acres of freehold land. Suraj Estate Developers has a history of delivering corporate office buildings and is expanding its commercial footprint in Mumbai.
Suraj Estate Developers Limited has announced that it recorded ₹200 crore in gross bookings from its flagship commercial project, Suraj One Business Bay, within 45 days of its launch. The project was launched in mid-November 2025 and is located in South Central Mumbai. The company achieved sales of an area totaling 40,000 square feet, contributing to the gross development value (GDV) of ₹200 crore out of the total estimated project GDV of ₹1,200 crore.
The financial terms of the project indicate a significant demand for ownership-led office spaces in the region. The project is part of Suraj Estate Developers’ strategic expansion into the commercial real estate sector. The company has previously delivered independent corporate office buildings for entities such as Saraswat Co-operative Bank Limited and The Clearing Corporation of India Limited, reinforcing its presence in the corporate sector.
Suraj One Business Bay is being developed on freehold land parcels measuring 0.75 acres. The project includes a sale area of 2.09 lakh square feet and is strategically connected to Senapati Bapat Marg. The development features two levels of basement, a double-height grand entrance lobby, eight levels of podium parking, and a double-height E-Deck level. The project comprises 15 office floors with a floor-to-floor height of 14 feet, equipped with multiple destination-controlled high-speed elevators. Each office floor accommodates 11 to 15 business units, designed to cater to a diverse mix of corporates and other entities.
The project is designed by Architect Hafeez Contractor and includes 182 premium business office units, complemented by retail spaces, restaurants, cafés, and a dedicated double-height E-Deck breakout zone. The strategic location of the project offers proximity to the Bandra-Kurla Complex (BKC) and direct access to Senapati Bapat Marg, making it attractive for enterprises and investors seeking modern workspaces.
The timeline for the project indicates that it was launched in mid-November 2025, with significant sales achieved within 45 days. The company is evaluating similar opportunities for commercial projects within the South-Central Mumbai micro-market, encouraged by the early traction at One Business Bay.
Suraj Estate Developers has been active in the real estate sector since 1986, focusing on residential and commercial development in South Central Mumbai. The company specializes in value luxury, luxury, and commercial segments, with expertise in the redevelopment of tenanted properties. Suraj Estate Developers is expanding into the Bandra sub-market and continues to identify opportunities for urban transformation through development agreements or outright acquisitions.