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Suraj Estate Developers expands portfolio with vacant land acquisition in Mahim

05 Dec 2024 Evaluate

Suraj Estate Developers through its wholly-owned subsidiary Iconic Property Developers, has acquired through Conveyance a vacant parcel of land admeasuring around 1,464 square meters (around 15,758 square feet) situated at Senapati Bapat Marg, Mahim (W), Mumbai, for a consideration of Rs 101 crore. The entire consideration along with stamp duty and registration charges has been fully paid. The project envisions the development of a commercial building with an estimated RERA carpet area of 1.03 lakhs square feet with a gross development value (GDV) of around 525 crore.

The newly acquired land parcel is strategically positioned adjacent to a previously acquired vacant plot, intended for the development of a commercial building. The amalgamation of these two plots, will enable the development of a composite commercial building with larger floor plates to meet the growing demand of corporate clients. 

Suraj Estate Developers builds and develops real estate, with a focus on best-in-class collaborations and client assurance.


Suraj Estate Develop Share Price

245.00 -1.95 (-0.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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