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Suratwwala Business Group Limited (SBGL) is engaged in the development and maintenance of commercial and residential real estate projects in Pune.
SBGL's subsidiary secured a ₹19 Cr EPC contract from Bondada Engineering Limited for a 15 MW AC solar power plant in Maharashtra. The project, contributing to a total 45 MW AC capacity, is slated for completion within 12 months.
SBGL acquired land for ₹9.60 Cr and inked a development deal for a Pune housing project. The agreement includes ₹3 Cr cash and 3 flats for landowners. This redevelopment, with ~55,000 Sq. ft. free saleable area, is estimated to generate ₹100-110 Cr revenue.