Sumadhura Group plans Rs 1,500 cr investment in Hyd realty market

23 Aug 2021 CW Team

Real estate developer Sumadhura Group is planning to invest Rs 1,500 crore in the residential realty market over the next four years in Hyderabad.

This includes its investment share in the 44 storey tall Olympus in the Nanakramguda area that Sumadhura Group and Vasavi Group are setting up at Rs 1,000 crore. Sumadhura Group has collaborated with Vasavi Group to set up a 44 storey residential project, which is the city's tallest residential tower.

Sumadhura group MD Madhusudan G told the media that apart from the Olympus project that will come up near the Waverock building, Sumadhura Group is also proposing a residential project near Shamshabad airport on a 10-acre site that will start next quarter.

He said that Sumadhura Group is also proposing a residential project at Kokapet for which it has acquired 4 acres of land, adding that though the land has been acquired registration formalities are still to be done.

Sumadhura Group is one of South India's leading real estate companies. It is currently taking up three residential projects in Hyderabad.

The Sumadhura is keen to explore opportunities in office and commercial space development as well as mixed-use development projects in the short term, with the growth potential Hyderabad realty market is displaying.

Image Source

Also read: Primus to launch brand new real estate project in Bengaluru

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..