Sumadhura's ₹500 Cr. Bet on East Bengaluru's Boom

Bengaluru-based real estate developer Sumadhura Group has acquired a five-acre land parcel on Soukya Road in East Bengaluru to launch a new residential project. The development is expected to generate revenues of approximately ₹500 crore upon completion.

Soukya Road is emerging as a sought-after residential destination, offering a mix of affordable plots and villas amid serene, green surroundings. Its excellent connectivity to metro stations, IT corridors, and daily conveniences makes it a preferred choice for both homebuyers and investors.

With a portfolio of over 54 completed projects covering 13 million sq. ft., Sumadhura Group has a strong presence across Bengaluru and Hyderabad. The recent land acquisition reinforces the company's confidence in East Bengaluru’s real estate growth trajectory.

“The acquisition of this prime land on Soukya Road is a strategic move, underscoring our deep understanding of East Bengaluru’s evolving real estate landscape. We are committed to developing projects on such strategically located land banks, which promise not just strong appreciation but also an elevated living experience for our valued customers,” said Madhusudhan G, Chairman and Managing Director of Sumadhura Group.

Looking ahead, the company has 40 million sq. ft. of development in the pipeline. It is also diversifying into managed office spaces under its ‘Workship’ brand, with plans to lease over 1 million sq. ft. across 10,000+ seats over the next three years.

News by Rahul Yelligetti.