Suraj Estate Developers Unveils ₹250 Crore Luxury Tower in Dadar West Near Shivaji Park

Suraj Estate Developers Unveils ₹250 Crore Luxury Tower in Dadar West Near Shivaji Park

Real estate firm Suraj Estate Developers has announced the launch of a luxury residential tower in the heart of Dadar (West) with a total gross development value of ₹250 crore, according to company officials.

29-Storey Residential Project Targets End-User Demand

The new residential project, named Suraj Park View 1, comprises a 29-storey tower featuring approximately 0.53 lakh square feet of saleable carpet area. The development is being executed through a capital-efficient redevelopment model, sources familiar with the project revealed.

The company has positioned the project to specifically cater to end-user demand in Dadar, which has emerged as a resilient micro-market in Mumbai's residential real estate landscape. Industry experts have noted that the location near Shivaji Park adds significant appeal to the property.

Full MahaRERA Registration and Cultural Heritage Focus

According to the developer, the project has been fully registered under MahaRERA regulations, ensuring compliance with Maharashtra's real estate regulatory framework. The tower has been designed to blend the area's cultural heritage with modern housing requirements, representatives stated.

Suraj Estate Developers currently operates a portfolio of ongoing and upcoming residential projects across Mumbai. The launch of Suraj Park View 1 marks the company's continued focus on central Mumbai locations with established infrastructure and connectivity.

Market analysts have observed that Dadar continues to attract real estate developers due to its strategic location, excellent connectivity through multiple transport modes, and sustained demand from homebuyers seeking properties in established Mumbai neighborhoods.

Disclaimer: This news article is based on information available from public sources and official statements. Readers are advised to verify all project details, approvals, and specifications directly with the developer and relevant authorities before making any investment decisions. Property prices, project timelines, and features are subject to change. This article is for informational purposes only and should not be construed as investment advice.