Sumadhura Group to Invest ₹2,000 Crore in FY26

Bengaluru-based Sumadhura Group has announced plans to invest ₹2,000 crore in FY26 to launch a mix of plotted and residential developments. The company’s upcoming portfolio includes mid-market housing and plotted projects across key Bengaluru locations, along with potential expansion into other metro markets.

Chairman and Managing Director Madhusudhan Gunda revealed that the group is actively exploring new markets including Mumbai, Pune, Chennai, and Goa, beginning with mid to premium housing segments. While mid-income homes will remain the core focus, the group is also considering select luxury projects priced between ₹7 crore and ₹8 crore.

In Bengaluru, the pipeline includes plotted developments in Devanahalli, with prices ranging from ₹75 lakh to ₹2 crore, and mid-market residential projects in high-demand areas like Whitefield, Outer Ring Road, and Manyata Tech Park.

Gunda welcomed the government’s recent GST reductions on cement, granite, and marble, stating, “These changes will ease cost pressures for developers, while consumer savings on essentials and appliances will drive housing demand. For families, it brings homeownership closer to reality and adds momentum to the real estate sector, with broader economic benefits.”

News by Rahul Yelligetti.