Archive · 14 Nov 2025
Suraj Estate Developers Launches ₹1,200 Crore Commercial Project, Stock Jumps 6%
A real estate company called Suraj Estate is building a new, large office and shopping complex in Mumbai named 'One Business Bay'.
This project is expected to be worth about 1,200 crore rupees and will have 182 office spaces, plus shops and restaurants.
It's designed by a famous architect and is located in a well-connected part of the city.
The company is happy about this launch because it helps them grow their business in that area.
They've also launched other projects this year, totaling about 1,600 crore rupees in value.
When they announced this new project, their company's stock price went up by about 6%!
Suraj Estate Developers launched its new commercial project, 'One Business Bay', in Mahim, Mumbai.
The project has an estimated Gross Development Value (GDV) of ₹1,200 crore and a carpet area of 2.09 lakh square feet.
One Business Bay will feature 182 premium office units, retail spaces, restaurants, and cafes.
The development is designed by Architect Hafeez Contractor and emphasizes sustainability and connectivity.
Following the announcement, Suraj Estate's stock price jumped nearly 6% in intraday trade on Friday, November 14.
- Who
- Suraj Estate Developers Ltd
- What
- Launched a new commercial project named 'One Business Bay' with an estimated gross development value (GDV) of ₹1,200 crore and a carpet area of 2.09 lakh square feet.
- When
- Project announced on November 13; stock saw a jump on November 14.
- Where
- Mahim, South Central Mumbai (Senapati Bapat Marg)
- Why
- To strengthen Suraj Estate's commercial footprint in South Central Mumbai, capitalize on location advantages, and leverage design excellence and sustainability.
Stock Performance
Project Details
Market Reaction
Stock Performance
The company's stock price surged by almost 6% in intraday trade on the BSE on Friday, November 14, opening at ₹288 and reaching an intraday high of ₹294.60.
Project Details
The launch of the commercial project, One Business Bay, was announced on November 13, highlighting its significance for the company's growth plans.
- Developer
- Suraj Estate Developers Ltd
- Project Name
- One Business Bay
- Location
- Senapati Bapat Marg, Mahim, South Central Mumbai
- Gross Development Value (GDV)
- ₹1,200 crore
- Carpet Area
- 2.09 lakh square feet
- Number of Office Units
- 182
- Architect
- Hafeez Contractor
- Total GDV Launched (FY)
- ₹1,600 crore
