Sumadhura Group has announced plans to invest ₹2,000 crore in FY26 for launching new residential developments in Bengaluru. The investment will span plotted housing in Devanahalli and mid-market housing projects in areas such as Whitefield, Outer Ring Road (ORR), and near Manyata Tech Park.
Plotted developments in Devanahalli will be priced between ₹75 lakh and ₹2 crore. Meanwhile, apartments in the mid-market segment—targeting locations like Whitefield and ORR—are expected to carry price tags in the range of ₹1.25 crore to ₹3 crore, with select premium or luxury units going up to ₹7-8 crore.
Sumadhura has delivered over 9,000 homes covering approximately 12 million sq ft so far in Bengaluru. In FY26, the pipeline includes around 10 million sq ft under construction and 10 million sq ft planned for launch within the city.
The company is also entering plotted developments in North Bengaluru, with an annual target of releasing about 2 million sq ft of plotted projects. Whitefield, ORR, and Manyata Tech Park belt are key zones for its apartment launches.
Sumadhura will also benefit from recent reductions in GST on construction inputs like cement, granite, and marble, which are expected to lower project costs. The developer is evaluating expansion into other cities—Mumbai, Pune, Chennai, and Goa—with a focus on mid to premium housing.
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