Tag: Suraj Estate Developers

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Suraj Estate Developers Buys ₹18 Crore Land in Dadar West

NEW DELHI: Suraj Estate Developers has purchased a plot of land in Dadar West, Mumbai, for ₹18 crore, according to a company statement. The deal comprises a cash payment of ₹8.53 crore and an obligation to provide approximately 2,200 sq ft of space to the landowners, bringing the total transaction value to ₹18 crore. Rahul Thomas, the company’s whole-time director, stated, “We are focused on disciplined growth, selective acquisitions, and efficient execution, and we are exploring additional opportunities that align with our strategic objectives.” The company plans to redevelop the land, which has a saleable carpet area of 0.18 lakh…

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Suraj Estate Developers Buys Hally Pacific for ₹30.40 Crore

NEW DELHI: Suraj Estate Developers has successfully acquired 100% of the shares of Hally Pacific, which owns a vacant land parcel located at Sayani Road, Prabhadevi, Mumbai. This acquisition was finalized based on a share purchase agreement dated February 20, 2026, for a total amount of approximately ₹30.40 crore, making Hally Pacific a wholly owned subsidiary of the company. The newly acquired land spans around 717.39 sq meters. The company plans to develop this site with an estimated saleable carpet area of approximately 0.367 lakh sq ft and an anticipated gross development value (GDV) of around ₹200 crore. Rahul Thomas,…

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Suraj Estate Developers’ Q3 FY26 Net Profit Jumps 25.93%

NEW DELHI: Suraj Estate Developers announced a 25.93% increase in its net consolidated profit for the quarter ending December 31, 2025. The profit after tax reached ₹25.16 crore in Q3 FY26, compared to ₹19.98 crore in the same quarter of the previous fiscal year, according to a filing with the BSE. The company reported a net consolidated total income of ₹181.48 crore in Q3 FY26, marking a 5.62% rise from ₹171.82 crore in the corresponding quarter of the previous year. Rahul Thomas, the company’s whole-time director, stated, “The sales area for the first nine months of FY26 was 1.03 lakh…

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Suraj Estate Developers Q2 FY26 Net Profit Rises 3.96%

NEW DELHI: Suraj Estate Developers has announced a 3.96% growth in net consolidated profit for the quarter ending September 30, 2025. The profit after tax was ₹33.09 crore in Q2 FY26, compared to ₹31.83 crore during the same period last year, according to a filing with BSE. The company reported a total net consolidated income of ₹145.42 crore in Q2 FY26, marking a significant increase of 32.65% from ₹109.63 crore in the equivalent quarter last year. The board of directors has approved a postal ballot notice to seek shareholder approval for the special resolution regarding the appointment of Ananta Singh…

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Suraj Estate Developers unveils ₹250 crore Mumbai project

MUMBAI: Suraj Estate Developer, a Mumbai-based real estate firm, has introduced a luxury residential project valued at Rs 250 crore, as revealed in an exchange filing. The 29-storey venture, named Suraj Park View 1, is a premier residential tower situated at Shivaji Park, Dadar (West). Rahul Thomas, Whole-Time Director at Suraj Estate Developers, commented, “The launch of Suraj Park View 1 embodies Dadar’s cultural essence while addressing the modern homebuyer’s aspirations. Dadar continues to stand as one of Mumbai’s most resilient micro-markets, fueled by strong end-user demand.” The project spans a saleable carpet area of 0.53 lakh sq. ft. and…