Sumadhura targets Rs 40 billion revenue from Bengaluru and Hyderabad

28 Nov 2024 CW Team

Real estate developer Sumadhura Group is projecting revenues of Rs 40 billion from three key residential projects in Bengaluru and Hyderabad. This expansion is part of the company's strategy to strengthen its presence in these growing real estate markets. The projects include Sumadhura Epitome, a Mediterranean-themed development in North Bengaluru;

Sumadhura Capitol Residences in East Bengaluru’s Whitefield; and Sumadhura Palais Royale, a luxury project in Hyderabad’s financial district. Madhusudhan G, CMD of Sumadhura Group, highlighted the significance of these simultaneous launches, stating, “For the first time, we are unveiling three residential projects in prime locations across Bengaluru and Hyderabad.

These projects are designed to enhance the lifestyles of homebuyers, combining unique themes, strategic locations, and cutting-edge amenities. Our projects aim to meet the aspirations of buyers, blending nature and technology for memorable living experiences.”

ocated near tech and financial hubs, the projects offer excellent connectivity and convenience. Sumadhura Epitome, situated in Rachenahalli near Manyata Tech Park, spans 3.5 acres and features 262 residential units across towers rising 14 stories. It offers 2, 3, and 4 BHK configurations with a total saleable area of 4.38 lakh sq. ft.

The first phase is expected to be completed by the end of 2027. Sumadhura Capitol Residences, located at Hope Farm Junction on ITPL Main Road, provides easy access to Bengaluru's key business zones. Meanwhile, Sumadhura Palais Royale in Hyderabad caters to the growing demand for ultra-luxury homes, offering proximity to business hubs, entertainment zones, and lifestyle destinations.

These projects underscore Sumadhura’s commitment to delivering high-quality developments that resonate with the aspirations of modern urban homebuyers.

ET)

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..