Mumbai, 14 November (Udaipur Kiran). Suraj Estate Developers traded higher on Thursday after the company announced the launch of its landmark commercial project ‘One Business Bay’, marking a major step in its expansion into the commercial real estate segment.
The stock was trading at ₹284, up 1.94% from its previous close of ₹278.60. It opened at ₹288 and moved between ₹294.60 and ₹282.30, with 14,240 shares traded so far. The BSE ‘B’ group stock, with a face value of ₹5, has a 52-week high of ₹730.65 (6 December 2024) and a 52-week low of ₹265.05 (20 October 2025). The company’s market capitalisation stands at ₹1,353.42 crore. Promoters hold 69.60%, institutions 2.63% and non-institutions 27.78%.
Suraj Estate Developers said One Business Bay spans 2.09 lakh sq ft of carpet area and carries an estimated Gross Development Value (GDV) of ₹1,200 crore. The project has received RERA registration, clearing a key regulatory milestone.
The launch strengthens the company’s strategy to scale its commercial portfolio across South Central Mumbai. Suraj Estate has earlier delivered major institutional buildings including Saraswat Bank Bhavan (Prabhadevi, ~60,000 sq ft) and CCIL Bhavan (Dadar, ~90,000 sq ft)—both now prominent corporate landmarks.
Suraj Estate Developers focuses on building real estate projects with strong collaborations and customer trust.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
