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

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

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

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

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code