Sumadhura Group plans Rs 1,500 cr investment in Hyd realty market
  1. Home
  2. Real Estate
  3. 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

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

Discover the Cement Expo! Click the button below to explore all the event details.

Visit Cement Expo Website

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

Previous
CIDCO starts plot geo-tagging under plot sale schemes

Next
Increased land prices push budget homes to fringes of Hyderabad

Related Stories

Gold Stories

Opinion Poll

Question : What are you most interested in Construction Technology?

Latest updates

COAL & MINING
30 Nov 2023

Government Initiates 125 New Projects for Mineral Exploration

Real Estate
30 Nov 2023

Additional Housing Loans Get Standard Credit Status

Real Estate
30 Nov 2023

D B Realty Raises Rs 3.01 Bn by Selling 2.91% Stake

ECONOMY & POLICY
30 Nov 2023

Bank of America Fined $12 Million for Mortgage Data Misreporting

AVIATION & AIRPORTS
30 Nov 2023

AAI Accelerates Thanjavur Airport Development with Rs 2 Bn Investment

AVIATION & AIRPORTS
30 Nov 2023

Noida Airport Terminal Nears Completion

Cement
30 Nov 2023

JK Cement's MP Grinding Unit Operational, Shares Surge

Cement
30 Nov 2023

UltraTech Cement to Acquire Kesoram's Cement in a Rs 6.45 Bn Deal

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram