Suraj Estate Developers Share Price Surges on Launch of One Business Bay in Mumbai
Suraj Estate Developers' share price jumped over 5% after the company unveiled One Business Bay, a ₹1,200 crore commercial project in Mumbai. This strategic move aims to strengthen the company’s commercial presence in one of the city's most active business corridors.
Suraj Estate DevelopersOne Business BayMumbai Real EstateSmallcap StocksIndian Stock MarketReal EstateNov 14, 2025
The Suraj Estate Developers' share price moved firmly higher after the company rolled out a major commercial project in Mumbai, adding fresh energy to stock market today's narrative.
Market Performance: Suraj Estate Share Price Moves Up
The trading day began with momentum. The Suraj Estate Developers share price opened at ₹288, higher than its previous close of ₹278.60. The stock didn’t slow down from there; it climbed 5.7% to hit an intraday high of ₹294.60. By around 1:05 pm, the stock was still holding strong, trading 5.5% higher at ₹293.90. For a small-cap stock, this kind of move often reflects investor attention shifting toward fresh triggers, especially when the broader Indian stock market stays focused on development-led stories.
Main News: Launch of “One Business Bay” Drives Buzz
The real story behind the price action came from a new project announcement. On November 13, Suraj Estate Developers unveiled One Business Bay, a commercial development designed to strengthen its footprint in the heart of Mumbai. This launch marks a key moment for the company’s growing presence in the city’s real estate landscape.
Here’s what the project brings to the table:
- Carpet Area: 2.09 lakh sq. ft
- Estimated GDV: ₹1,200 crores
- Location: Senapati Bapat Marg, Mumbai
- Connectivity: Access to Western & Central railway networks
- Office Units: 182 premium business spaces
- Additional Features: Retail zones, cafés, restaurants, and a double-height E-Deck for recreation
Company Details: Strengthening Commercial Presence
For Suraj Estate Developers, One Business Bay is not an isolated development. The launch represents a strategic move to deepen its presence in South Central Mumbai—one of the city’s most active business corridors. With this project alone holding a GDV of ₹1,200 crores, the company also shared that its total project launches in the current financial year now carry a combined GDV of nearly ₹1,600 crores. It signals consistent activity on the development front, without needing to rely on market commentary or expectations. The numbers themselves tell the story.
Summary
The Suraj Estate Developers' share price gained over 5% intraday as the company announced its latest commercial project, One Business Bay, in Mumbai. With a GDV of ₹1,200 crores, a 2.09 lakh sq. ft carpet area, and 182 business units, the development aims to expand the company’s commercial footprint in a well-connected business district. For investors tracking small-cap stocks, stock market news, and the broader Indian stock market, this development became one of the more active stories of the day, driven entirely by real estate progress and fresh project momentum.
Frequently Asked Questions
What is the current share price of Suraj Estate Developers?
As of the latest update, the share price of Suraj Estate Developers was trading 5.5% higher at ₹293.90.
What is the estimated GDV of One Business Bay?
The estimated Gross Development Value (GDV) of One Business Bay is ₹1,200 crores.
Where is One Business Bay located?
One Business Bay is located on Senapati Bapat Marg, Mumbai, offering access to Western and Central railway networks.
What additional features does One Business Bay offer?
One Business Bay includes retail zones, cafés, restaurants, and a double-height E-Deck for recreation.
What is the total GDV of Suraj Estate Developers' projects in the current financial year?
The total GDV of Suraj Estate Developers' projects in the current financial year is nearly ₹1,600 crores.
Related News Articles
Revitalizing Stalled and Stressed Real Estate Projects
Explore how real estate firms like the Ozone Group and The Wadhwa Group are transforming stalled and stressed projects into thriving developments, driving business growth and market confidence.
Masked Gunmen Open Fire at Real Estate Office in Gurugram: Police Investigation Underway
A group of masked gunmen opened fire at a real estate company's office in Gurugram's Sector 45, triggering panic and leaving bullet marks on the premises. Police are investigating the incident, which is believed to be linked to gangsters based abroad.
Oberoi Realty's Q1FY26 Results: Net Profit Falls 27% to ₹421 Crore
Mumbai-based premium real estate developer Oberoi Realty reported a 27.93% year-on-year decline in net profit to ₹421.3 crore for the quarter ending June 2026. The company's revenue also fell significantly, while gross bookings surged in new project launches.