Suraj Estate Developers surges on launching commercial project `One Business Bay`
Suraj Estate Developers is currently trading at Rs. 284.00, up by 5.40 points or 1.94% from its previous closing of Rs. 278.60 on the BSE.
The scrip opened at Rs. 288.00 and has touched a high and low of Rs. 294.60 and Rs. 282.30 respectively. So far 14240 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 730.65 on 06-Dec-2024 and a 52 week low of Rs. 265.05 on 20-Oct-2025.
Last one week high and low of the scrip stood at Rs. 294.60 and Rs. 276.95 respectively. The current market cap of the company is Rs. 1353.42 crore.
The promoters holding in the company stood at 69.60%, while Institutions and Non-Institutions held 2.63% and 27.78% respectively.
Suraj Estate Developers has launched ‘One Business Bay’ its Landmark Commercial Project, having carpet area of 2.09 lakhs sq ft with an estimated Gross Development Value (GDV) of Rs 1,200 crore marking a key milestone in the company’s growth plans. The project has received its RERA registration.
The launch of One Business Bay marks Suraj Estate’s expansion into commercial segment, reinforcing its strategic focus on scaling its commercial portfolio across South Central Mumbai. The company has proven legacy of delivering landmark institutional developments, including Saraswat Co-operative Bank’s Headquarters (Saraswat Bank Bhavan) in Prabhadevi (around 60,000 Sq. Ft.) and the Clearing Corporation of India’s Headquarters (CCIL Bhavan) in Dadar (around 90,000 Sq. ft), both of which have become prominent business addresses in the region.
Suraj Estate Developers builds and develops real estate, with a focus on best-in-class collaborations and client assurance.
