Sumadhura Group to Invest Rs. 2,000 Cr in FY26 Housing Projects

Bengaluru-based Sumadhura Group has announced plans to invest Rs. 2,000 crore in FY26 for new residential launches, reinforcing its focus on the mid-market housing segment.

The pipeline includes plotted developments in Devanahalli, priced between Rs. 75 lakh and Rs. 2 crore, alongside mid-market projects in prime Bengaluru locations such as Whitefield, Outer Ring Road, and Manyata Tech Park. Chairman and MD Madhusudhan Gunda highlighted that the government’s recent GST rate cuts on cement, granite, and marble will help reduce project costs, ultimately benefitting homebuyers. Beyond Bengaluru, the company is exploring expansion into Mumbai, Pune, Chennai, and Goa.

Key Highlights

• Sumadhura to invest Rs. 2,000 crore in FY26 for new housing projects
• Launches include plotted developments in Devanahalli and mid-market apartments
• Expansion planned into Mumbai, Pune, Chennai, and Goa by 2026

It plans to begin with mid-to-premium residential projects, with apartments priced between Rs. 1.25 crore and Rs. 3 crore, while selectively venturing into luxury housing ranging up to Rs. 7–8 crore. Goa will serve as a key market for second homes and leisure residences, starting from Rs. 1 crore.

Currently, Sumadhura has delivered 9,000+ homes across 12 million sq. ft., with another 10 million sq. ft. under construction and 10 million sq. ft. planned for launch in Bengaluru this year. The company has also entered plotted development, aiming to launch 2 million sq. ft. annually, catering to the growing demand for plotted housing.

“It will benefit developers, while consumer savings on essentials and appliances will fuel housing demand. For families, this means greater affordability and the dream of home ownership becoming closer to reality. In Bengaluru, upcoming launches will include one million sq ft of plotted developments in north Bengaluru and mid-market apartments in locations such as Whitefield, Outer Ring Road, and near Manyata Tech Park. While Devanahalli in the north will primarily see plotted projects, Whitefield and ORR will host premium and luxury apartments, with select towers limited to 30–40 units of up to 5,000 sq ft each,” stated Madhusudhan Gunda,  Chairman and MD, Sumadhura Group.

Also Read: KHB Plans 772-Acre Housing Project in Devanahalli

With this expansion strategy, Sumadhura is poised to strengthen its footprint across South India while diversifying into high-growth urban and leisure housing markets.