New Launch, Mumbai
Suraj Parkview 1 in Dadar West: New Residential Launch at Shivaji Park
Suraj Estate Developers has launched Suraj Parkview 1, a residential tower at Shivaji Park in Dadar West, Mumbai. As of October 2026, the project is listed as a new launch, and MahaRERA progress reports show construction has not started on any tracked stage.
| Developer | Suraj Estate Developers Ltd |
|---|---|
| Location | Anant Patil Marg, Shivaji Park, Dadar West, Mumbai 400028 |
| Status (as of October 2026) | New Launch; launched 23 September 2025; construction not yet started |
| Product and configurations | Residential; 1 BHK (469 and 506 sq ft carpet), 2 BHK (670 and 761 sq ft carpet); 3 BHK (872 sq ft) in the launch announcement |
| Scale (MahaRERA filing) | One building, 23 floors, 100 units |
| Indicative price band (9 July 2026) | ₹2.34 Cr to ₹3.8 Cr; about ₹55,000 per sq ft |
| MahaRERA registration | PR1170002500887, registered 22 September 2025 |
| Proposed possession (MahaRERA) | April 2032 |
| Estimated gross development value | ₹250 crore |
Launch status
Suraj Estate Developers launched Suraj Parkview 1 on 23 September 2025, a day after the project was registered with MahaRERA on 22 September 2025. The company's launch announcement uses the name 'Suraj Park View 1' for the same project.
As of October 2026, the project remains at the new-launch stage. MahaRERA progress reports show that none of the 11 tracked construction stages has started.
Project and configurations
The project is a residential tower positioned in the value luxury segment, with homes described as sea-facing and heritage-inspired. The developer says the tower offers panoramic views of the Arabian Sea, Shivaji Park, the Bandra-Worli Sea Link and the Eastern Bay.
The MahaRERA filing lists one building with 100 units over 23 floors. The launch announcement described a 29-storey tower, so the two figures differ. The saleable carpet area is about 0.53 lakh sq ft.
- 1 BHK: 469 sq ft and 506 sq ft carpet area
- 2 BHK: 670 sq ft and 761 sq ft carpet area
- 3 BHK: 872 sq ft, as stated in the launch announcement
The design includes a nine-level podium for parking. Amenities named by the developer include a double-height entrance lobby, a 10th-floor amenity space with a gym and yoga zone, children's play zones, and a banquet lounge.
Pricing
Indicative prices dated 9 July 2026 put the project between ₹2.34 crore and ₹3.8 crore. The indicative rate is about ₹55,000 per sq ft.
| Configuration | Carpet area | Indicative price |
|---|---|---|
| 1 BHK | 469 sq ft | ₹2.34 Cr |
| 1 BHK | 506 sq ft | ₹2.5 Cr |
| 2 BHK | 670 sq ft | ₹3.35 Cr |
| 2 BHK | 761 sq ft | ₹3.8 Cr |
These are indicative figures from a listing-based price sheet and are not confirmed rates from the developer.
RERA registration and timeline
The project is registered with MahaRERA under PR1170002500887, dated 22 September 2025. The filing lists a single phase. The project escrow account is held with ICICI Bank Ltd.
MahaRERA's proposed possession date is April 2032. The developer has not published a separate possession date for this project.
Sales momentum
In its Q2 FY26 results, reported in October 2025, the company said Suraj Aureva and Suraj Parkview 1 together recorded pre-sales value of ₹153 crore, up 89% quarter on quarter. The sales area rose 111% quarter on quarter to 34,875 sq ft. These are combined figures for both launches and do not isolate Suraj Parkview 1.
The developer
Suraj Estate Developers Ltd has been in real estate since 1986. Its promoter is Rajan M. Thomas, and Rahul Thomas is a whole-time director. The company says it has completed 45 projects with a developed area of more than 16.09 lakh sq ft in South-Central Mumbai. Of its 14 residential projects, 12 are redevelopment projects.
For the quarter ended June 2026 (Q1 FY27), sales value and sales area both rose 74% year on year to ₹141 crore and 28,834 sq ft. Total income grew 10% to ₹146 crore.
Location and connectivity
The site is in Shivaji Park, about 150 metres from the park, which the developer describes as the largest park in the island city. Metro Line 3 (Aqua Line) is operational. Dadar station is about 100 metres from the project according to the launch announcement, and Siddhivinayak metro station is one stop away, about three minutes by train.
The launch announcement also cites direct access to the Mumbai Coastal Road and the Bandra-Worli Sea Link. The BKC business district is about 6.9 km away. Dadar railway station is about 1.2 km away.
Nearby amenities and infrastructure
Nearby landmarks include Shree Siddhivinayak Temple and the Portuguese Church. Shushrusha Citizens' Co-operative Hospital is on Ranade Road in Shivaji Park. Schools within about 1 to 1.8 km include St. Michael's English Primary School, Dadar Vidya Mandir Junior College, Bombay Scottish School and Ruparel College.
The nearest upcoming rail project is the Line 11 Green, about 2.6 km away, which is approved but has no expected opening date. Analysts have pointed to stronger upside in Prabhadevi, Dadar West and Bandra after Phase 3 of the Mumbai Coastal Road.
Market context
Locality price data puts the average in Dadar West at about ₹54,850 per sq ft of carpet area for July to September 2026, up 12.5% over five years. The indicative rate for Suraj Parkview 1 is about 1% above the Dadar West resale median of about ₹54,400 per sq ft. Average rental yield in the locality is about 3%.
Comparable Dadar West projects include Kohinoor Altissimo at about ₹62,500 per sq ft and Suraj The Palette at about ₹75,050 per sq ft.
Frequently asked questions
Is Suraj Parkview 1 under construction?
No. As of October 2026, MahaRERA progress reports show that construction has not started on any of the 11 tracked stages. The project is listed as a new launch.
What sizes and prices are indicated for Suraj Parkview 1?
Indicative prices dated 9 July 2026 range from ₹2.34 crore for a 469 sq ft carpet 1 BHK to ₹3.8 crore for a 761 sq ft carpet 2 BHK. The indicative rate is about ₹55,000 per sq ft. The launch announcement also mentions a 3 BHK of 872 sq ft.
What is the RERA registration number?
The project's MahaRERA registration number is PR1170002500887, dated 22 September 2025. A different MahaRERA number, P51900047891, belongs to the sister project Suraj Park View at Anant Patil Marg.
When is possession expected?
The most recent official proposed possession date on MahaRERA is April 2032.
How far is the project from the metro and railway?
According to the launch announcement, Dadar station on Metro Line 3 is about 100 metres away, and Siddhivinayak metro station is one stop away. Dadar railway station is about 1.2 km away.