Sumadhura Group Signs JDA for 17-Acre Land Parcel in East Bengaluru, Targets ₹3,500 Crore GDV

BENGALURU — Real estate developer Sumadhura Group has entered into a Joint Development Agreement (JDA) for a 17-acre land parcel located along the Whitefield–Kannamangala corridor in East Bengaluru. The proposed project will feature a premium residential community with over 2.5 million square feet of saleable area and an estimated Gross Development Value (GDV) of approximately ₹3,500 crore.

The agreement further expands Sumadhura Group’s portfolio in East Bengaluru, a key residential micro-market supported by proximity to major commercial hubs and expanding urban transport infrastructure.

Project Overview and Location Infrastructure

The 17-acre development will be situated in the Whitefield–Kannamangala micro-market, which connects directly to major employment centers including the International Tech Park Bengaluru (ITPL) and the broader technology belt in East Bengaluru.

Key Strategic Highlights:

• Development Scale: Planned residential space exceeding 2.5 million sq. ft. across 17 acres. RealtynMore
• Transit Access: Proximity to the Whitefield (Kadugodi) and Pattandur Agrahara Metro stations, along with the Whitefield Railway Station. RealtynMore
• Urban Amenities: Located near social infrastructure, educational institutions, healthcare centers, and civic green zones such as the Atal Bihari Vajpayee Botanical Garden. Construction Week India

According to Madhusudhan G, Chairman and Managing Director of Sumadhura Group, the project aligns with the company’s long-term strategy of securing growth positions in high-demand urban corridors where the developer already maintains an active operational presence.

Market Demand Context

The development comes amid strong demand for residential real estate in East Bengaluru. Market research from real estate advisory firm Cushman & Wakefield indicates that East Bengaluru accounted for nearly 57% of the city’s total residential project launches during the first quarter of 2026, underlining ongoing developer interest and end-user absorption in the sub-market.

Sumadhura Group has operated in South India’s real estate market for over three decades, delivering more than 56 projects totaling over 17 million square feet across Bengaluru and Hyderabad. The company currently maintains a development pipeline of approximately 40 million square feet spanning residential, commercial, warehousing, and co-living verticals.

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