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07-02-2024 10:36 AM | Source: Accord Fintech
Suraj Estate Developers soars on launching new luxury residential project `Suraj Lumina`

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Suraj Estate Developers is currently trading at Rs. 336.80, up by 11.40 points or 3.50% from its previous closing of Rs. 325.40 on the BSE.

The scrip opened at Rs. 334.65 and has touched a high and low of Rs. 341.00 and Rs. 333.45 respectively. So far 14491 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 364.40 on 04-Jan-2024 and a 52 week low of Rs. 321.95 on 06-Feb-2024.

Last one week high and low of the scrip stood at Rs. 346.95 and Rs. 321.95 respectively. The current market cap of the company is Rs. 1503.62 crore.

The promoters holding in the company stood at 74.95%, while Institutions and Non-Institutions held 11.14% and 13.90% respectively.

Suraj Estate Developers has launched new value luxury / luxury residential project ‘Suraj Lumina’ at veer savarkar marg, Mahim (west), Mumbai. The said project lies under regulation 33(7) of DPCR in the Mumbai Region. The project comprises of 35 units including both 2BHK (ranging from 575 sq. ft to 622 sq. ft) and 3BHK (around 882 sq.ft) configurations, with total saleable carpet area of 22,376 sq ft. The gross development value estimated from the project is close to Rs 100 crore. The project is expected to be completed by December 2028.

The project provides facilities, such as mechanized tower car parking, 24/7 security fire safety provisions, open sky garden, fitness center, rainwater harvesting system, among others. The apartments in the project have sea view. The project has close proximity to some of the key landmarks such as Shivaji Park, Hinduja Hospital and Bombay Scottish School. Additionally, the project extends right blend of opportunities and offerings, be it drive to Bandra Kurla Complex for work or Palladium with friends, it is just minutes away. 

Suraj Estate Developers builds and develops real estate, with a focus on best-in-class collaborations and client assurance.