Suraj Estate Developers, known for institutional projects, will invest Rs 850 crore in a new commercial development in Mahim area of Mumbai, marking its entry into the commercial real estate segment.

The project, spanning three-fourth of an acre, will feature a 14-storey building with 182 office units, retail spaces, and food outlets. The total carpet area will cover 2.09 lakh sq. ft., with a gross development value (GDV) of Rs 1,200 crore. The site, located on Senapati Bapat Marg, benefits from strong connectivity to key areas, including the Western and Central Railways, Sitladevi Metro Aqua Line, and Tulsi Pipe Road, providing easy access to Dadar, Prabhadevi, Lower Parel, and BKC.

Suraj Estate previously developed projects like Saraswat Bank Bhavan in Prabhadevi and CCIL Bhavan in Dadar. The project is expected to generate strong institutional and end-user demand due to its location, design, and sustainability focus.