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Suraj Estate Developers Limited has reported a strong start for its flagship commercial project, One Business Bay, achieving sales of around 40,000 sq. ft. within 45 days of its launch in mid-November 2025. This early traction translates into a gross development value (GDV) of approximately INR 200 crore, out of the project's total estimated GDV of INR 1,200 crore. The robust response highlights sustained demand for ownership-led, Grade-A office spaces in South Central Mumbai, driven by strong connectivity, modern design and limited quality supply. Strategically located near Senapati Bapat Marg with proximity to Bandra-Kurla Complex, the project positions Suraj Estate as a growing player in Mumbai's premium commercial real estate segment.
Suraj Estate Developers Limited, a prominent real estate developer in South Central Mumbai, has recorded strong early sales for its landmark commercial development, One Business Bay. Launched in mid-November 2025, the project has achieved sales of approximately 40,000 sq. ft. within just 45 days, translating into a gross development value of around INR 200 crore. The total estimated GDV of the project stands at nearly INR 1,200 crore, indicating healthy demand momentum at an early stage of development. Advertisement
The encouraging response to One Business Bay underscores the growing preference for ownership-led, Grade-A office spaces in South Central Mumbai, a region that continues to benefit from limited supply, strong infrastructure and excellent connectivity. Suraj Estate has previously delivered independent corporate office buildings for leading institutions in Prabhadevi and Dadar, establishing a track record in catering to corporate occupiers and institutional clients.
Developed on freehold land parcels measuring approximately 0.75 acres, One Business Bay offers a total saleable area of about 2.09 lakh sq. ft. The project enjoys direct access to Senapati Bapat Marg, enhancing connectivity to key business hubs such as Bandra-Kurla Complex and other central business districts. Designed to meet Gold LEED standards, the development is positioned as a high-quality, future-ready office destination.
The project features two basement levels, a double-height grand entrance lobby, eight levels of podium parking, a double-height E-Deck breakout level of nearly 28 feet, and 15 office floors with a floor-to-floor height of 14 feet. Multiple destination-controlled high-speed elevators and intelligent building systems enhance operational efficiency. Each office floor accommodates between 11 and 15 business units, catering to a diverse range of occupiers.
Designed by architect Hafeez Contractor, One Business Bay is envisioned as a complete business ecosystem with 182 premium office units, supported by retail spaces, restaurants, caf's and dedicated social and recreational zones. Encouraged by the early traction, Suraj Estate is selectively evaluating similar commercial opportunities within the South Central Mumbai micro-market while maintaining a disciplined approach to execution and growth.
Source - PTI
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