Introduction
The project is a residential development offering a collection of 35 units, each designed to provide a comfortable and beautiful living space. The units are available in two configurations, 2BHK and 3BHK, to cater to the various needs of potential buyers. With a total salable carpet area of 22,376 square feet, the project has devoted enough space for residents to relax and enjoy.
Suraj Estate Developers Launch Residential Project
“The company has launched a luxury residential project ‘Suraj Lumina’ at Veer Savarkar Marg, Mahim (West), Mumbai. The project is regulated by 33(7) of the DPCR in the Mumbai region,” the company said.
Suraj Estate Developers Limited recently unveiled their latest residential project, Suraj Lumina, in Mahim (West), Mumbai. The project has 35 units, including 2BHK (575 sq ft to 622 sq ft) and 3BHK (~882 sq ft) configurations. Salable with a total carpet area of 22,376 sq. ft. The gross development estimate of the project is close. The project is expected to require a budget of up to ₹100 crore by December 2028.
Company’s Stock Was Trading at ₹337.90, Up 3.79%
Rahul Thomas, Executive Director, Suraj Estate Developers, speaking at the launch, expressed his delight at adding this landmark project to their portfolio of redevelopment projects in the South Central Mumbai market.
The company’s stock was trading at ₹337.90, up 3.79% on the NSE at 9.52 a.m. on Wednesday. This venture not only contributes to the real estate landscape but also shows the company’s commitment to improving housing options in the congested city of Mumbai.
According to a company statement, the project has 35 units including 2BHK (ranging from 575 sq ft to 622 sq ft) and 3BHK (882 sq ft). configurations with a total carpet area of 22,376 square feet. The estimated gross development value of the project is ₹ 100 crore. The project is expected to be completed by December 2028.
We Are Very Happy: Director Rahul Thomas
During the launch event, Rahul Thomas, Executive Director, Suraj Estate Developers spoke. Our portfolio includes redevelopment projects in the south-central Mumbai market, a key part of the company’s history. Expressed his satisfaction at adding this remarkable project.
Conclusion
The share price of Suraj Estate Developers gained over 4 percent in early trading on February 7 after the company announced the launch of a residential project in Mumbai. The project not only contributes to the city’s real estate landscape but also reflects the company’s commitment to improving housing options in bustling Mumbai. For more information follow us on our Openplot.com platform.
Also read: Arkade Developers Has Won the Bid to Redevelop Two Projects in Mumbai