Suraj Estate Developers Mumbai Net Profit up in Q2 - 2024
Suraj Estate Developers, a name synonymous with luxury and quality, continues to make strides in Mumbai’s real estate market. With a robust portfolio of premium residential and commercial projects, the group recently announced an 88% increase in its consolidated net profit for Q2 FY25, marking another milestone in its illustrious journey. Let’s explore how Suraj Estate is reshaping Mumbai with its ongoing projects and financial achievements.
Financial Milestone: Q2 FY25 Performance
Suraj Estate Developers reported an impressive 88% growth in consolidated net profit, reaching ?31.8 crore for Q2 FY25, compared to ?16.96 crore in the same quarter last year. The company's total income also rose to ?109.63 crore, up from ?103.7 crore year-on-year. This growth highlights their consistent delivery of high-quality developments and strategic investments in Mumbai’s prime locations.
Ongoing Projects: Crafting Luxury Across Mumbai
Suraj Estate’s ongoing projects cater to a range of clientele, from luxury homebuyers to first-time homeowners. Here’s an overview of their prominent developments:
| Project Name | Location | Configuration | RERA Number |
|---|---|---|---|
| The Palette | Dadar West | 2, 3, 4, 5 BHK | P51900008207 |
| Ocean Star |
