Key highlights of New Housing Projects in Bengaluru;
- Major Investment Plan: Sumadhura Group will invest ₹5,500–6,000 crore to launch six new residential projects in Bengaluru amid strong housing demand.
- Project Scale: The upcoming developments will comprise over 4,000 units across apartments and residential plots, with a total saleable area of 8+ million sq ft.
- Strategic Locations: The projects will be spread across east and north Bengaluru, covering around 90 acres of land.
- Revenue Outlook: The developer expects ~₹10,000 crore in total revenue from these six housing projects.
Sumadhura Group plans to invest around ₹6,000 crore in order to deliver six new residential projects in Bengaluru, as it identifies an increasing market for housing property in the city, said a senior executive of the group.
Bengaluru-based Sumadhura group is set to launch all six residential projects in the ongoing quarter. The new projects will come up in major micro-markets of east and northern Bengaluru, which still continue to record robust end-user demand of pre-leased properties in the region
“Housing demand in Bengaluru continues to be strong. We are launching six premium projects, comprising more than 4,000 units that include apartments and residential plots,” Sumadhura Group Chairman and Managing Director Madhusudhan G told PTI.
When asked about the proposed investment, “The proposed investment is expected to be in the range of ₹5,500-6,000crores,” said Madhusudhan. “The projects have a total saleable area of over 8 million square feet,” he added. The projects occupy about 90 acres of land.
“We are expecting a total revenue of about ₹10,000 crore from these six projects,” Madhusudhan G further stated.
These upcoming launches demonstrate the increasing enthusiasm among developers in the residential market of Bengaluru, which has held up well despite overall economic uncertainties. The demand for these units has been driven mostly from the end-user segment, comprising primarily IT-working professionals, Global CapabilityCenters (GCC), and its allied services, according to experts.
As per realty data analytics firm PropEquity, the number of housing sales in Bengaluru remained unchanged at a total of 16,000 in the October-December quarter of the previous year. But the observed absorption levels and lack of inventory overhang have encouraged developers to launch new projects in established as well as emerging residential routes in Bengaluru.
During the past three decades, Sumadhura Group has established itself as a major realty player in Bengaluru. Today, it has an impressive track record of having delivered 56 successful projects that cover over 17 million sqft of built-up property space. These project categories range from residential apartments, plotted sites, office spaces, warehousing, to co-living spaces.
The current push for investments by this group is part of a trend where major real estate developers are establishing their footprint in Bengaluru, which is one of the most active housing markets in India. Access to better roads, development of the metro network, and creation of new jobs are reasons for residential demand in Bengaluru, largely in its eastern and northern neighborhoods.
Experts in the sector have observed that the luxury as well as the mid-range residential markets are expected to maintain an upward trend in the year 2026, primarily as buyers are now giving utmost importance to quality, timely execution, and the reputation of the developer.
With the onset of six new projects and a proposed investment of ₹6,000 crore, Sumadhura Group is all set to increase their market presence by capitalizing upon the strong residential growth in Bengaluru.
