Sumadhura Group Sets Sights on Plotted Housing in Devanahalli, With Ambitious Expansion Plans for FY2026

Introduction

Bengaluru, September 2025 – In the bustling world of real estate, Sumadhura Group has quietly but confidently launched their first plotted housing venture in Devanahalli, North Bengaluru, while mapping out expansion plans that signal steady ambition—not overblown hype.

Let’s start with the star of the show Panorama, a plotted development stretching across a massive 100 acres just 10 minutes from Kempegowda International Airport. Its first phase, spanning 50 acres, will feature 539 plots from 1,200 to 7,000 sq. ft. Buyers are drawn to its distinctive South India cultural theme, inspired by the five states Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Kerala as well as by the Pancha Bhutas (Earth, Water, Fire, Air, Space), which infuse the project with a sense of calm and heritage 

You’ll also find a premium 45,000 sq. ft. clubhouse, cycling stations, leisure areas like aromatherapy zones, party lawns, even farm‑fresh gardens, a thoughtful nod to serene, sustainable living.

The developers are targeting ₹1,500 crore in topline from the first phase, with completion slated for December 2027. It’s not flashy bombast, it's a grounded effort, timed to match real market demand. Interestingly, Devanahalli has accounted for about 15% of North Bengaluru’s residential supply between 2016 and 2023, with around 13,600 units developed, making it a smart pick for plotted homes with appreciation potential.

 No ₹2,000 Crore Blowout, but Steady Growth Across Segments

You mentioned “investing ₹2,000 crore in FY26.” That exact number doesn’t show up in reputable reports. What does appear is a broader plan: Sumadhura is aiming to invest around ₹10,000 crore over the next three years, which would include FY26, to support expansion across residential, commercial, warehousing, and more. While that’s not ₹2,000 crore for a single year, it paints a picture of steady, disciplined scaling—not a one-off splash—but a multi-year, multi‑asset strategy.

 Expanding Bengaluru Portfolio: South & East Moves

Beyond plotted housing, Sumadhura is strategically building across Bengaluru:

• In South Bengaluru (Kenchanhalli), they have launched a high‑rise housing project dubbed “Codename Uru”. Spanning 3.25 acres, it will house 297 residences across two towers (28 floors each), backed by an investment of around ₹250 crore, and targeting ₹500 crore in topline revenue by December 2029.
   
• In East Bengaluru (Soukya Road), they've acquired a 5‑acre plot for a residential project expected to yield ₹500 crore. Some sources mention a ₹350 crore investment for this venture.
  
   
• They're also stepping into commercial real estate with their Workshop brand—managed office spaces with plans to lease 1 million sq. ft. in the next three years.
   

And just last month (August 2025) the group leased 5 lakh sq. ft. in Capitol Towers, Whitefield, to leading corporates and retail players, further entrenching their foothold in the commercial realm.

Sumadhura Group is not making empty announcements. Instead, they’re steadily rolling out projects:

• Panorama in Devanahalli is their first plotted housing venture—cultural, premium, and well-located.
   
• Codename Uru adds high-density residential presence in South Bengaluru.
   
• Soukya Road expansion targets East Bengaluru with a sizable project.
   
• Workshop, the foray into managed office spaces, and the strong leasing uptake in Capitol Towers show real diversification.
   

They’re investing smartly across multiple Bengaluru micro-markets Devanahalli (North), Kenchanhalli (South), Soukya Road (East), and Whitefield (commercial).