Sumadhura Plans Six Luxury Projects In Bengaluru
Real Estate

Sumadhura Plans Six Luxury Projects In Bengaluru

Bengaluru-based real estate developer Sumadhura Group plans to launch six luxury residential projects across East and North Bengaluru, with a combined revenue potential of around Rs 100 billion within FY 2026, the company said in a statement.

The developments will together span more than 8 million sq ft of saleable area and comprise over 4,000 housing units, including more than 400 plotted developments. Spread across about 90 acres, the projects are located in key micro-markets such as Whitefield, Panathur and Marathahalli–Thubarahalli in East Bengaluru, and Rachenahalli and Devanahalli in North Bengaluru.

Among the upcoming launches are three RERA-approved residential projects—Folium by Sumadhura Phase 4 in Whitefield, Sumadhura Edition in Siddapura, and Sumadhura Solace in Thubarahalli. Additional developments include Sumadhura Elysium at Panathur, Solea by Sumadhura at Rachenahalli, and Sumadhura Panorama Phase 2 at Devanahalli, all scheduled for launch within FY 2026.

The company plans to invest about Rs 20 billion in FY 2026 on new residential launches, including plotted developments in Devanahalli priced between Rs 7.5 million and Rs 20 million. It is also planning mid-market projects in locations such as Whitefield, the Outer Ring Road and areas near Manyata Tech Park, according to Chairman and Managing Director Madhusudhan Gunda.

Sumadhura is also exploring expansion into markets such as Mumbai, Pune, Chennai and Goa, starting with mid-to-premium residential projects before diversifying into other asset classes. Gunda said the company remains focused on the mid-market housing segment, with apartments priced between Rs 12.5 million and Rs 30 million, while selectively developing luxury homes priced up to Rs 70–80 million.

Currently, Sumadhura has delivered more than 9,000 homes covering around 12 million sq ft. Another 10 million sq ft is under construction, with an additional 10 million sq ft planned for launch in Bengaluru during the current financial year.

Bengaluru-based real estate developer Sumadhura Group plans to launch six luxury residential projects across East and North Bengaluru, with a combined revenue potential of around Rs 100 billion within FY 2026, the company said in a statement. The developments will together span more than 8 million sq ft of saleable area and comprise over 4,000 housing units, including more than 400 plotted developments. Spread across about 90 acres, the projects are located in key micro-markets such as Whitefield, Panathur and Marathahalli–Thubarahalli in East Bengaluru, and Rachenahalli and Devanahalli in North Bengaluru. Among the upcoming launches are three RERA-approved residential projects—Folium by Sumadhura Phase 4 in Whitefield, Sumadhura Edition in Siddapura, and Sumadhura Solace in Thubarahalli. Additional developments include Sumadhura Elysium at Panathur, Solea by Sumadhura at Rachenahalli, and Sumadhura Panorama Phase 2 at Devanahalli, all scheduled for launch within FY 2026. The company plans to invest about Rs 20 billion in FY 2026 on new residential launches, including plotted developments in Devanahalli priced between Rs 7.5 million and Rs 20 million. It is also planning mid-market projects in locations such as Whitefield, the Outer Ring Road and areas near Manyata Tech Park, according to Chairman and Managing Director Madhusudhan Gunda. Sumadhura is also exploring expansion into markets such as Mumbai, Pune, Chennai and Goa, starting with mid-to-premium residential projects before diversifying into other asset classes. Gunda said the company remains focused on the mid-market housing segment, with apartments priced between Rs 12.5 million and Rs 30 million, while selectively developing luxury homes priced up to Rs 70–80 million. Currently, Sumadhura has delivered more than 9,000 homes covering around 12 million sq ft. Another 10 million sq ft is under construction, with an additional 10 million sq ft planned for launch in Bengaluru during the current financial year.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement