Suraj Estate Developers news
All 5 EstateHerald stories about Suraj Estate Developers, newest first. Latest: 3 November 2026.
Full use of the October 2024 issue is confirmed, but a frozen monitoring account and forfeited warrants leave investors with open questions about funds.
The Mumbai redeveloper's board renewed an independent director's term as its September-quarter profit fell about 30% despite higher revenue.
The Mahim commercial project gains about 1.5 lakh sq ft of saleable area, but the added parcel has no construction timetable yet.
Sales and collections grew sharply for the Mumbai developer, but thinner margins cut its profit, and the margin trend is now the key question for investors.
Revenue grew while margins narrowed, so profit fell for the quarter and the half-year, and the company's borrowings remain high.