Sumadhura Bets Big: Rs 6,000 Crore Bengaluru Housing Boom

Sumadhura Group, a prominent real estate developer, is making a significant investment of approximately Rs 6,000 crore to launch six new premium housing projects in Bengaluru. This strategic move underscores the company's confidence in the city's robust real estate market and its commitment to business expansion.

The upcoming developments, situated in East and North Bengaluru, will feature more than 4,000 housing units, including apartments and residential plots, spread across 90 acres. These projects collectively boast a saleable area exceeding 8 million square feet, with an anticipated total revenue of Rs 10,000 crore.

This venture marks a substantial addition to Sumadhura Group's portfolio, which has delivered over 17 million square feet across 56 projects in the past three decades. The company's diverse presence spans housing, office spaces, warehousing, and co-living segments, demonstrating a broad expertise in the real estate vertical.