
Suraj Estate Developers Ltd has announced the launch of One Business Bay, a large commercial development in Mahim valued at ₹1,200 crore.
The project aims to cater to modern business requirements through premium office spaces and sustainability-led design.
Spread across 2.09 lakh sq. ft. of carpet area, the development includes 182 office units along with retail spaces, cafés and restaurants. Positioned at the junction of Senapati Bapat Marg, the site offers strong connectivity to key business districts including Dadar, Prabhadevi, Lower Parel and BKC through major rail routes, the Sitladevi Metro Aqua Line and Tulsi Pipe Road.
The project features a double-height lobby, eight podium parking levels, two basements and 14 floors of office space, complemented by an E-Deck for recreation and social use.
The company noted that the project incorporates energy-efficient façades, advanced filtration systems and central air-conditioning aligned with global green building standards.
As per the exchange filings, Whole-Time Director Rahul Thomas said, “One Business Bay represents a significant step forward in our strategy to strengthen Suraj Estate’s commercial footprint in South Central Mumbai.”
He added that with its design and location advantages, the project is expected to attract strong interest from institutional and end-user segments. Thomas also highlighted that the company has initiated nearly ₹1,600 crore worth of projects in FY26.
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As of November 14, 2025, at 1:30 PM, Suraj Estate Developers share price is trading at ₹292.70 per share, reflecting a gain of 5.16% from the previous closing price. Over the past month, the stock has gained by 7.20%.
With One Business Bay, Suraj Estate strengthens its commercial development portfolio in Mumbai, combining connectivity, modern amenities and sustainability-focused infrastructure.
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Published on: Nov 14, 2025, 2:11 PM IST

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