Suraj Estate acquires 2 parcels of land in Mumbai's Bandra for new projects

Realty firm Suraj Estate Developers Ltd on Friday (December 19) said the company has acquired two parcels of land in Bandra (West), Mumbai, as part of its ongoing development plans.

One parcel measures approximately 1,760 square metres, while the other is around 906.37 square metres. The acquisition is aimed at strengthening the company’s presence in Bandra (West).

Last month, Suraj Estate Developers announced the launch of its marquee commercial project, One Business Bay, with an estimated gross development

value (GDV) of ₹1,200 crore. The project, spanning a carpet area of 2.09 lakh square feet, has received MahaRERA registration.

Also Read: Suraj Estate Developers launches upscale project near Dadar metro station

According to the company's exchange filing, located at the junction of Senapati Bapat Marg in Mahim, the project offers strong connectivity to Mumbai’s key business hubs, including Dadar, Prabhadevi, Lower Parel, and Bandra Kurla Complex (BKC), via major railway networks, the Sitladevi Metro Aqua Line, and Tulsi Pipe Road.

One Business Bay will feature 182 premium business office units, high-end retail spaces, restaurants, cafés, and a dedicated double-height 'E-Deck' breakout zone for social and recreational activities. The development includes a double-height entrance lobby, eight levels of podium parking, two basement levels, and 14 office floors.

Aligned with global green standards, the project incorporates sustainability-driven features such as energy-efficient UV-protected facades, advanced air filtration systems, and central air-conditioning to minimise energy consumption, the exchange filing stated.

Also Read: Suraj Estate arm acquires land in Mumbai for ₹101 crore to develop commercial building

Shares of Suraj Estate Developers Ltd ended at ₹236, up by ₹5.05, or 2.19%, on the BSE today, December 19.