Sumadhura Group Aims for Rs 4000 Crore Revenue from Bengaluru and Hyderabad Projects
Sumadhura Group, a leading real estate development firm, is targeting a revenue of Rs 4000 crore from its key projects in Bengaluru and Hyderabad. The projects include Sumadhura Epitome in North Bengaluru, Sumadhura Capitol Residences in East Bengaluru, a
Real EstateResidential ProjectsSumadhura GroupBengaluruHyderabadReal Estate MumbaiNov 25, 2024
Sumadhura Epitome North Bengaluru
Sumadhura Epitome, the Group's first theme-based project, is located in Rachenahalli, North Bengaluru, right behind Manyata Tech Park. The project spans 3.5 acres and offers a total saleable area of 4.38 lakh sq. ft. The first phase consists of towers, each 14 stories high, with 262 residential units ranging from 2, 3, and 4 BHK bedrooms. The project is scheduled for completion by the end of 2027.
Madhusudhan G, CMD of Sumadhura Group, commented, “For the first time, Sumadhura is launching three residential projects simultaneously at prime locations in Bengaluru and Hyderabad. With Sumadhura Epitome, we aim to elevate the lifestyle of homebuyers seeking a unique and upgraded lifestyle.”
Sumadhura Capitol Residences East Bengaluru
Sumadhura Capitol Residences is strategically located at Hope Farm Junction, ITPL Main Road, Whitefield. This project spans 4.1 acres and provides a saleable area of over 6.63 lakh sq. ft. The development features four towers, each 16 stories high, with a total of 405 units, including 1, 2, 3, and 4 BHK bedrooms. The handover for this project is also expected by the end of 2027.
Sumadhura Palais Royale Hyderabad
Sumadhura Palais Royale, an ultra-luxurious project, is situated in the financial district of Hyderabad. The project covers 7.35 acres and has a substantial saleable area of 2.6 million sq. ft. Designed as a 52-story high-rise with three wings, it offers 523 units, including luxury 4 and 5-bedroom residences. Madhusudhan G added, “Catering to the ever-evolving preferences of Hyderabad’s homebuyers, Sumadhura Palais Royale will bring in unique elements, intertwining nature and technology, to curate memorable living experiences.”
Strategic Locations
The projects are strategically located in the technology and financial hubs of Bengaluru and Hyderabad. SumadhuraEpitome is well-connected to Manyata Tech Park, while Sumadhura Capitol Residences offers effortless accessibility to the rest of Bengaluru. SumadhuraPalais Royale provides connectivity to major business hubs, entertainment zones, and lifestyle destinations in Hyderabad's financial district.
Company
Sumadhura Group has a robust presence in the real estate sector, with over 40 million sq ft of residential development currently under planning and construction. The Group has successfully delivered 12 million sq ft of residential projects across mid-income and high-end segments over the past three decades. In addition to residential projects, Sumadhura has expanded its portfolio into commercial, warehousing, and co-living spaces.
Future Prospects
With these ambitious projects, Sumadhura Group aims to solidify its position in the real estate market and continue delivering exceptional living experiences to its customers. The Group’s focus on thematic and luxury developments aligns with the growing demand for high-quality residential spaces in these key cities.
Conclusion
Sumadhura Group's strategic expansion into key markets in Bengaluru and Hyderabad, along with its ambitious revenue target, reflects the company's commitment to excellence and customer satisfaction. The launch of these three projects is a significant step towards achieving its long-term goals and strengthening its market presence.
Frequently Asked Questions
What is the expected revenue from Sumadhura Group's projects in Bengaluru and Hyderabad?
Sumadhura Group is targeting a revenue of Rs 4000 crore from its projects in Bengaluru and Hyderabad.
What are the three projects being launched by Sumadhura Group in these cities?
The three projects are Sumadhura Epitome in North Bengaluru, Sumadhura Capitol Residences in East Bengaluru, and Sumadhura Palais Royale in Hyderabad.
Where is Sumadhura Epitome located?
Sumadhura Epitome is located in Rachenahalli, North Bengaluru, right behind Manyata Tech Park.
What is the total saleable area of Sumadhura Palais Royale?
Sumadhura Palais Royale has a total saleable area of 2.6 million sq. ft.
What is the expected completion date for these projects?
The projects are scheduled to be completed by the end of 2027.
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