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

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..