Suraj Estate Developers Ltd

🚀 Suraj Estate Expands with ₹75 Cr Mahim Acquisition – Boosts GDV to ₹2,000 Cr+

- Suraj Estate’s subsidiary acquires development rights for ~2,941 sqm Mahim plot at ₹75 Cr.

- Contiguous to Suraj One Business Bay, expected to generate 1.50 lakh sq ft saleable area (~₹800 Cr GDV).

- Combined GDV of Suraj One Business Bay to exceed ₹2,000 Cr post-acquisition.

- Strategic location in Mahim (West), a high-demand Mumbai micro-market.

- Past track: 45+ projects, 16.09 lakh sq ft developed in South-Central Mumbai.

- Current pipeline: 13 ongoing projects (23.54 lakh sq ft developable area, 7.55 lakh sq ft RERA saleable).

- Upcoming: 18 projects targeting 12.12 lakh sq ft saleable area.