Sumadhura Group Launches Panorama Phase II Plotted Development in North Bengaluru; Eyes ₹700 Crore Revenue

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Bengaluru, June 18, 2026: Sumadhura Group, one of South India's leading diversified real estate developers, announces the launch of Phase II of Sumadhura Panorama, Bengaluru's first-ever South Indian-themed luxury villa plot community in Devanahalli, North Bengaluru. Spread across 34 acres, the newly launched phase is projected to generate a revenue of ₹700 crore. 

This launch follows the overwhelming response received for Phase I of Sumadhura Panorama, underscoring the strong demand for premium plotted developments in North Bengaluru. 

Strategically located in Devanahalli, one of North Bengaluru's high-growth corridors, Panorama benefits from strong infrastructure-led growth and excellent connectivity. The development is strategically positioned on NH-44 and is just 10 minutes from Kempegowda International Airport (KIAL).  Its appeal is further enhanced by  its proximity to the Satellite Town Ring Road (STRR), which connects Devanahalli to key satellite towns and industrial hubs. The upcoming Namma Metro Blue Line (Airport Corridor), located just 10 minutes from the development, will further enhance connectivity to Kempegowda International Airport and provide seamless access to key business and employment hubs across Bengaluru through the city’s expanding metro network, reinforcing the region’s end-use and investment appeal. 

The presence of major business and employment hubs, including KWIN City, KIADB Aerospace Park and Devanahalli Business Park, coupled with well-established social infrastructure comprising leading schools and healthcare institutions also positions the location for sustained growth and long-term value creation.

Commenting on the launch, Mr. Madhusudhan G, Chairman & Managing Director, Sumadhura Group, said,

Homebuyers today are increasingly seeking thoughtfully planned communities that offer more than land ownership—they are looking for quality infrastructure, lifestyle amenities, and long-term value. North Bengaluru, particularly Devanahalli, has emerged as one of the city's most promising growth corridors, driven by transformative infrastructure projects, expanding employment hubs, and enhanced connectivity.
Panorama Phase II builds on the strong momentum of the first phase and underscores our commitment to delivering thoughtfully designed plotted communities that combine cultural identity with contemporary living. As we expand our presence in North Bengaluru, we remain focused on developing future-ready projects in high-potential micro-markets that create enduring value for both homebuyers and investors.

North Bengaluru has emerged as the epicentre of Bengaluru's plotted development story, driven by large-scale infrastructure investments and evolving homebuyer preferences. The growing demand for plotted developments in Bengaluru is reflected in broader market trends, with plotted projects accounting for nearly one-third of all project registrations in Bengaluru during Q1 2026, nearly double the number recorded during the same period last year.

A tribute to South India's rich cultural and architectural heritage, Panorama celebrates the distinct identities of Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, and Telangana through curated landscapes, elegant design elements, and immersive community spaces. Complemented by contemporary infrastructure, a 45,000 sq. ft. clubhouse, and a host of wellness and lifestyle amenities, the development offers a refined living experience where cultural authenticity meets modern luxury. 

About Sumadhura Group

With three decades of legacy, Sumadhura Group is known for its prime locations, ahead-of-time delivery, high quality, and smart design in residential, commercial and warehousing projects, catering to a cross-section of home buyers and business entities in the real estate landscape of South India. 

Sumadhura’s unique customer-centric approach and commitment to delivering excellence and superior products have earned the company-wide recognition as a credible and reliable entity in the industry, across Bengaluru and Hyderabad. The brand promise of “Foundation of Happiness” mirrors the group’s commitment to becoming the very foundation upon which happiness is built. 

With over 56 projects delivered, spanning over 17 million square feet, and over 40 million square feet in the pipeline,Sumadhura has emerged as a prominent brand in the fast-evolving market of developers. Evolving beyond residential developments, the group has expanded its portfolio into commercial, warehousing, co-living, and other real estate verticals to cater to diverse customer needs.


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