Suraj Estate Developers records ₹200 Crore gross bookings from its flagship commercial project 'Suraj One Business Bay' within 45 days of its Launch

Suraj Estate Developers Limited, a leading real estate developer in South Central Mumbai, announced a strong sales for its landmark commercial project, One Business Bay, launched in mid November 2025. The company has achieved a sale of an area of 40,000 sq. ft. within 45 days of the launch of the project which translates to a GDV of ₹200 crores out of the total estimated project GDV of ₹1,200 crores. One Business Bay's strong sales momentum reflects the strong demand for ownership-led office spaces in South Central Mumbai.

Suraj Estate has in the past delivered independent corporate office buildings to Saraswat Co-operative Bank Limited and The Clearing Corporation of India Limited in Prabhadevi and Dadar, establishing its track record in fulfilling the needs of the corporate sector.

One Business Bay project with a sale area of 2.09 lakhs sq ft is being developed on freehold land parcels admeasuring 0.75 acres and is well-connected to Senapati Bapat Marg thereby enabling the company to scale its commercial footprint to cater to the demand for high-quality Grade-A offices enjoying strong connectivity meeting with Gold LEED standards.

The project comprises of 2 levels of basement, a double-height grand entrance lobby, 8 levels of podium parking, double height E-Deck level (approx. 28 feet height) and 15 office floors having floor to floor height of 14 feet. It features multiple destination-controlled high speed elevators an intelligent system. Each office floor houses 11 to 15 business units, catering to a diverse mix of corporates and other entities. All these features work together combining efficiency, design sophistication, and functionality.

Designed by Architect Hafeez Contractor, India's most renowned name in urban architecture, One Business Bay is designed as a complete ecosystem to accommodate 182 premium business office units, complemented by premium retail spaces, restaurants, cafés, and a dedicated double-height E-Deck breakout zone for employee socializing and recreation.

With its strategic location advantage, proximity to BKC and direct access to Senapati Bapat Marg, One Business Bay is poised to attract enterprises and investors seeking future-ready workspaces in one of Mumbai's most connected commercial corridors.

Encouraged by early traction at One Business Bay, the company is selectively evaluating similar opportunities for commercial projects within the South-Central Mumbai micro-market.

Commenting on the update, Mr. Rahul Thomas, Whole-Time Director, Suraj Estate Developers, said, "The initial sales momentum at One Business Bay validates our decision to expand into the commercial segment. Our continued focus on commercial real estate is a natural progression, backed by decades of development experience in South Central Mumbai and a strong understanding of this micro-market. The response strengthens our conviction to selectively explore additional commercial opportunities in the same corridor, while continuing to maintain execution discipline and focus on value-accretive growth."

Shares of Suraj Estate Developers Limited was last trading in BSE at Rs. 257.50 as compared to the previous close of Rs. 261.40. The total number of shares traded during the day was 3320 in over 121 trades.

The stock hit an intraday high of Rs. 263.35 and intraday low of 256.85. The net turnover during the day was Rs. 859893.00.

Source : Equity Bulls

Keywords

SurajEstateDevelopers Residential Commercial INE843S01025 Bookings SouthCentralMumbai