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

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..