Suraj Estate Developers launches ₹1,200 Crore commercial project in Mumbai’s Emerging Business Belt

Artist's Impression

Suraj Estate Developers Limited, a leading Mumbai-based real estate developer, has announced the launch of its upcoming marquee Grade-A commercial development, One Business Bay (OBB), strategically located on Senapati Bapat Marg. The launch marks a significant milestone in the company’s ongoing strategy to scale its footprint in South-Central Mumbai’s burgeoning commercial Grade-A market.

With an estimated Gross Development Value (GDV) of ₹1,200 crore, having a carpet area of 2.09 lakhs sq. ft., the project is designed for enterprises seeking future-ready workspaces in one of Mumbai’s most connected business districts.

Strategic Location and Market Potential

One Business Bay is strategically located at the junction of Senapati Bapat Marg, with close proximity to the Sitladevi Metro Aqua Line, Tulsi Pipe Road, and both the western & central railway network. This ensures seamless connectivity to Mumbai’s prime business hubs, transport links, and key landmarks such as Dadar, Prabhadevi, Lower Parel, and Bandra Kurla Complex (BKC), making it an ideal destination for businesses to grow and thrive. The upcoming BKC-Senapati Bapat Marg Connector, along with direct access to the Western Express Highway and Mumbai’s Domestic and International Airports, is expected to further strengthen east–west connectivity, positioning Mahim as one of Mumbai’s most promising emerging commercial hubs.

Designed for Business and Convenience

Designed by Architect Hafeez Contractor, India’s most renowned name in urban architecture, One Business Bay is designed as a complete business ecosystem to accommodate 182 premium business office units, complemented by premium retail spaces, restaurants, cafés, and a dedicated double-heighted E-Deck breakout zone for employee socializing and recreation, this development seamlessly blends productivity with comfort.

The project is meticulously planned, spread across 2 levels of basement, a double-height grand lobby, Ground + first floor for retail, 8 levels of ramp podium parking, double-height E-Deck level (approx. 28 ft height) and 14 office floors having floor to floor height of 14 feet. It features multiple destination-controlled high-speed elevators, an intelligent system. Each office floor houses 11 to 15 business units, catering to a diverse mix of corporates and other entities. All these features work together to create a perfect blend of efficiency, design sophistication, and functionality.

Apart from seamless connectivity and prime location advantage, the one-of-a-kind project also boosts world-class infrastructure that sets a new benchmark for premium workspaces in Mumbai. In line with the industry’s green shift, the project integrates sustainability and wellness features that align with international certification standards with advanced sustainability-driven features in the form of energy-efficient facades double glazed UV-protected facades, advanced air-filtration systems, central air-conditioning that aims at reducing operational energy loads.

Engineered with cutting-edge sustainability features, the project is designed to meet international green development benchmarks, aspiring to obtain Gold LEED certification thereby, reinforcing Suraj Estate’s dedication to building responsibly and reducing environmental impact.

From a business perspective, OBB is being developed as an outright strata-sale project, with the flexibility to cater to a larger floor plate requirement.

A Proven Legacy of Excellence

With nearly four decades of experience in Mumbai’s redevelopment and real estate ecosystem, Suraj Estate continues to position its leadership with the launch of One Business Bay. With a strong focus on scaling its commercial development portfolio across South Central Mumbai, the company is poised for the next phase of growth.

The company has previously delivered landmark institutional buildings, including Saraswat Co-operative Bank’s Headquarters (Saraswat Bank Bhavan) in Prabhadevi (approx. 60,000 Sq. Ft.) and the Clearing Corporation of India Limited’s Headquarters (CCIL Bhavan) in Dadar (approx. 90,000 Sq. ft.), both of which have become prominent business addresses in the region. With a proven track record and superior construction standards, the company has earned unmatched credibility in the market.

(Artist’s Impression)

Commenting on the approval, Mr. Rahul Thomas, Whole-Time Director, Suraj Estate Developers, said, “One Business Bay represents a significant step forward in our strategy to strengthen Suraj Estate’s commercial footprint in South Central Mumbai. With a GDV of ₹1,200 crores, we anticipate strong institutional and end-user interest, driven by the location’s connectivity advantages, the project’s design excellence, and its sustainability-led approach. With this launch, we have launched projects with a cumulative GDV of ~ ₹1600 crores in this financial year, underscoring our steady growth momentum and commitment to value creation across asset classes”.

A New Benchmark in Commercial Real Estate in Mumbai

With One Business Bay, Suraj Estate Developers is setting a new benchmark in commercial spaces in Mumbai. With an exceptional landmark address close to Bandra, sophisticated infrastructure, and premium office spaces with breathtaking sea views, the project ensures a strong value proposition for investors and entrepreneurs alike.

Moneycontrol Journalists are not involved in creation of this article.