Bengaluru-based real estate developer Sumadhura Group has charted out a massive expansion plan for FY 2026, marking the launch of six luxurious housing projects in East and North Bengaluru. The new projects are set to tap a cumulative revenue opportunity of Rs 10,000 crore, indicating massive confidence reposed in Bengaluru’s housing segment.
As per the company, the six projects will collectively provide more than 8 million square feet of saleable space. These will have more than 4,000 housing units, of which more than 400 will be plotted schemes. These will be spread over 90 acres of prime land. These projects will be located in some of the most sought-after residential corridors of Bengaluru.
Zero in on Key Bengaluru Micro-Markets
The upcoming launches are spread in a strategic manner in East and North Bengaluru. In East Bengaluru, the developments would be situated in and around Whitefield, Panathur, and the Marathahalli-Thubrahalli zone, segments that have experienced benefits from employment in information tech and ITeS, developed resident networks, and enhanced connectivity. In Bengaluru North, the developments would be situated in and around Rachenahalli and Devanahalli, segments that have emerged in view of developments in infrastructure and proximity to Kempegowda International Airport.
Among the projects which are to be launched during FY 2026 are three residential projects approved by RERA: Folium by Sumadhura Phase 4 located at Whitefield, Sumadhura Edition at Siddapura, and Sumadhura Solace at Thubarahalli. Other projects include Sumadhura Elysium located at Panathur, Solea by Sumadhura at Rachenahalli, and Sumadhura Panorama Phase 2 at Devanahalli. Each of the six projects is to be launched during this financial year.
Investment Plans and Product Mix
Sumadhura Group has also announced an investment outlay of ₹2,000 crore for FY 2026 to fund its new residential launches. This includes plotted developments planned in Devanahalli, priced between ₹75 lakh and ₹2 crore, and mid-market apartment projects in established locations such as Whitefield, Outer Ring Road, and areas near Manyata Tech Park.
Chairman and Managing director Madhusudhan Gunda had said that the company remains largely focused on the mid-market housing segment, with prices for apartments ranging between ₹1.25 crore and ₹3 crore. At the same time, the developer is also looking at select expansion in luxury housing where the ticket size may go up as high as ₹7 to ₹8 crore, depending on location and product configuration.
Balanced diversification by segment enables the firm to satisfy a wide range of homebuyers in a non-concentric risk manner across various price segments.
Sumadhura Group has delivered more than 9,000 units on about 12 million square feet of developed space till date. At present, it has about 10 million square feet under construction as well as another 10 million square feet slated for launches in Bengaluru in this current fiscal year.
Apart from the above, the developer is also involved in the leasing of commercial as well as warehousing space to various transnational corporations, thus ensuring a well-rounded approach in real estate development.
Expansion Beyond Bengaluru.
Even though Bengaluru remains the prime market for the Sumadhura Group, the company is also looking to foray into other markets such as Mumbai, Pune, Chennai, and Goa. Initially, the company plans to concentrate on the mid to luxury segments of the realty sector in these markets, but later on may diversify into other segments.
Industry analysts have noted that the expansion plans being pursued by players in this industry show increasing confidence on the part of local players to extend the scope of their operations at the national level, especially given the stable demand for quality housing within the major urban hubs.
The aggressive launch pipeline of Sumadhura Group reflects the ongoing optimism in the residential market of Bengaluru, which has emerged resilient due to steady job creation and infrastructure development. The premium and luxury segments are now observing greater traction in well-connected micro-markets, where the supply is relatively less.
While the developers are now harmonizing their offerings to the preferences of the end-buyer, it will have a significant impact on the development of Bengaluru’s residential market because of the large-scale launches that are taking place.
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