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Suraj Estate Developers Ltd

NSE: SURAJEST BSE: 544054

₹233.48

(-2.37%)

Thu, 07 May 2026, 07:03 am

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Company History

1986

  • The Company was incorporated as a private limited company under the name Suraj Estate Developers Private Limited.

1990

  • The Company successfully completed its maiden project Suraj Venture A, a residential project located at Mahim (West), Mumbai.

1992

  • The Company successfully delivered Vinayak Darshan, a residential building located at Dadar (West), Mumbai, which was exclusively sold to a nationalized public sector bank.

1996

  • The Company successfully delivered Suraj Heights III, a residential building located at Goregaon (East), Mumbai, which was exclusively sold to one of the leading private sector bank as staff quarters.

2000

  • The Company successfully delivered ICICI Apartments, a residential project located at Kirti College Lane, Dadar (West), Mumbai, which was exclusively sold to one of the leading private sector bank as quarters for senior officers.
  • The Company successfully delivered NEAT House, a residential project located at Dadar (West), Mumbai, which was exclusively sold to a stock exchange as quarters for senior officers.

2005

  • The Company delivered 14 apartments in Gloriosa Apartment, a residential project located at Dadar (West), Mumbai, to Clearing Corporation of India Limited as quarters for their senior officers.

2007

  • The Company successfully delivered ICICI Apartments, a residential project located at Shankar Ghanekar Road, Prabhadevi, Mumbai, which was exclusively sold to one of the leading private sector bank as quarters for senior officials.

2010

  • The Company successfully delivered Saraswat Bank Bhavan, a built to suit commercial building consisting of ground +7 upper floors located at Prabhadevi, Mumbai as corporate office for Saraswat Co-operative Bank Limited.

2012

  • The Company successfully delivered CCIL Bhavan, a built to suit commercial building consisting of ground + 6 upper floors located at Dadar (West), Mumbai as corporate office for Clearing Corporation of India Limited.

2016

  • Accord Estates Private Limited, the Material Subsidiary, entered into a Joint Development Agreement with Runwal Realty Private Limited for the development of a residential project known as Nirvana located at Parel (East).

2017

  • The Company launched its flagship project Palette, located at Dadar (West), Mumbai and entered into the luxury residential segment of the real estate market of South Central Mumbai.
  • The Company launched the sea facing luxury project Ocean Star at Dadar (West), Mumbai.

2018

  • The Company successfully raised a Rs.200 Crore term loan facility from Piramal Capital & Housing Finance Limited for its luxury projects Palette, Tranquil Bay and Mangirish.

2019

  • The Company launched Louisandra, a residential value luxury project located at Dadar (West), Mumbai.
  • The Company launched Ave Marie Apartments, a residential value luxury project located at Dadar (West), Mumbai.

2021

  • The Company acquired a vacant land parcel at Tulsi Pipe Road from Tata Motors Limited.
  • The Company received investment from ICICI Ventures Funds Management Company by way of subscription to Non-Convertible Debentures for part financing project cost of newly launched value luxury project Suraj Eterna.
  • The Company launched Vitalis, a residential value luxury project located at L.J Road, Mahim (West), Mumbai.
  • The Company launched Suraj Eterna, a residential value luxury project located at Off. L.J. Road, Mahim (West), Mumbai.
  • The Company was converted into a public limited company and the name was changed to Suraj Estate Developers Limited.

2022

  • The Company launched Suraj Parkview 2, a residential value luxury project located at Dadar (West), Mumbai.
  • The Company received investment from ICICI Ventures Funds Management Company by way of subscription to Non-Convertible Debentures for part financing project cost of newly launched value luxury project Suraj Parkview 2.
  • The Company successfully raised a 1,400 million term loan facility from Tata Capital Housing Finance Limited for the value luxury project Vitalis towards refinancing of existing debt and for construction finance for the project.

2023

  • The Company received financing of Rs.46.50 Crores from Axis Finance Limited.
  • The Company entered into a Memorandum of Understanding (MOU) Agreement with Clearing Corporation of India Limited (CCIL) for Sale of Additional Commercial Floors on a built to suit model in the ongoing project CCIL Bhavan (Phase 2 - Additional 2.5 Floors).

2024

  • Suraj Estate Developers launched a new residential project Suraj Lumina in Mumbai.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800