Mumbai-based Suraj Estate Developers Limited has announced strong sales for its landmark commercial project, One Business Bay, launched in mid-November 2025. The company has achieved sales of approximately 40,000 sq. ft. within 45 days of the launch, translating into a Gross Development Value (GDV) of ₹200 crores out of the project’s total estimated GDV of ₹1,200 crores. One Business Bay’s strong sales momentum reflects robust demand for ownership-led office spaces in South Central Mumbai.

Suraj Estate has previously delivered independent corporate office buildings to Saraswat Co-operative Bank Limited and The Clearing Corporation of India Limited in Prabhadevi and Dadar, reinforcing its track record in meeting the needs of the corporate sector.

The One Business Bay project, with a saleable area of 2.09 lakh sq. ft., is being developed on freehold land parcels admeasuring 0.75 acres and is well-connected to Senapati Bapat Marg, enabling the company to scale its commercial footprint. The project is designed to meet Gold LEED standards and caters to the growing demand for high-quality Grade-A offices with strong connectivity.

The development comprises two levels of basement parking, a double-height grand entrance lobby, eight levels of podium parking, a double-height E-Deck level (approximately 28 feet), and 15 office floors with a floor-to-floor height of 14 feet. It features multiple destination-controlled high-speed elevators with intelligent systems. Each office floor houses 11 to 15 business units, catering to a diverse mix of occupiers.

Designed by Architect Hafeez Contractor, One Business Bay is envisioned as a complete business ecosystem comprising 182 premium office units, along with retail spaces, restaurants, cafés, and a dedicated double-height E-Deck breakout zone for employee interaction and recreation.

With its strategic location, proximity to BKC, and direct access to Senapati Bapat Marg, One Business Bay is well-positioned to attract enterprises and investors seeking future-ready workspaces in one of Mumbai’s most connected commercial corridors.

Encouraged by early traction, the company is selectively evaluating similar commercial opportunities within the South Central Mumbai micro-market.

Commenting on the development, Mr. Rahul Thomas, Whole-Time Director, Suraj Estate Developers, said,
“The initial sales momentum at One Business Bay validates our decision to expand into the commercial segment. Our focus on commercial real estate is a natural progression, backed by decades of development experience in South Central Mumbai and a strong understanding of this micro-market. The response strengthens our conviction to selectively explore additional commercial opportunities in the same corridor, while maintaining execution discipline and value-accretive growth.”