New Launch29 Jan 2026, 02:02 am
Suraj Estate Developers Delivers Highest-Ever Q3 & 9MFY26 Operational Performance, Backed by Commercial Launch
AI Summary
Suraj Estate Developers Limited, a leading real estate player focused on the South-Central Mumbai (SCM) market, announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a significant increase in sales value, sales area, and collections for Q3FY26 and 9MFY26. The company also launched a new commercial project, Suraj One Business Bay, and acquired land parcels in Bandra West. These developments reflect sustained demand in the SCM market and reinforce the commercial segment as a key growth driver.
Key Highlights
- Q3FY26 sales value increased by 137% y-o-y to Rs 253 Crores
- Q3FY26 sales area increased by 211% y-o-y to 51,826 Sq ft
- Q3FY26 collections increased by 48% y-o-y to Rs 124 Crores
- Launched Suraj One Business Bay and achieved ~40,000 sq. ft. of sales within 45 days
- Acquired two land parcels in Bandra West to enhance scale for residential project launches