By Team Homes | Tuesday, 26 November 2024

Sumadhura Group Launches Three Premium Residential Projects; Eyes Revenue of Rs. 4000 Crore

Sumadhura Group, South India’s leading real estate developer announces the launch of three premium projects across Bengaluru & Hyderabad markets- Sumadhura’s first theme-based residential project, Mediterranean styled Sumadhura Epitome in North Bangalore; Sumadhura Capitol Residences at prime location in East Bangalore and Sumadhura Palais Royale, an uber luxury project in Hyderabad.

The group is eyeing an estimated revenue potential of INR 4000 crore from the three projects, with INR 500 crore to be generated from Epitome; INR 1000 crore from Capitol Residences and INR 2500 crore from Palais Royale respectively.

The launch of these three projects reinforce Sumadhura’s commitment to create exclusive living experiences with unparalleled connectivity and convenience, particularly, as homebuyers prepare to invest in their dream homes during this auspicious season.

Strategically positioned in proximity to bustling IT hubs, Sumadhura Epitome is located in  Rachenahalli, North Bangalore, right behind Manyata Tech Park. It is also close to key destinations, providing easy access to major IT parks, educational institutions, shopping centers and hospitals. The other project in East Bengaluru, Sumadhura Capitol Residences is strategically located at Hope Farm Junction, ITPL Main road, Whitefield, offering excellent connectivity to ITPL Tech Park, and the nearby metro stations. The third project in Hyderabad is nestled in proximity to the thriving Financial District. Sumadhura Palais Royale will offer the residents a seamless connectivity to major business hubs, entertainment zones, and lifestyle destinations.   

Sumadhura Epitome’s first phase is spread over a 3.5 acres land parcel with a saleable area of  4,38,070 sq. ft. It features three towers of 14 floors each and comprises 262 units of 2,3 and 4 BHK homes. The Mediterranean-themed project with 1.8 acres of open, lush green space and 200 species of trees, seamlessly blending nature with modern living. First phase of the project will be completed by the end of 2027.

Spread over a 4.1 acres of land parcel, Sumadhura Capitol Residences will offer a total saleable area of 6,63,510 sq. ft. with four towers of 16  floors each, comprising 405 units of 1,2,3, and 4 BHK homes. The project encompasses 77% open space and is poised to inspire and elevate the young leaders, IT professionals, entrepreneurs and like-minded professionals seeking a vibrant, future-ready lifestyle. The project will be handed over by the end of 2027.

Sumadhura Palais Royal is spread across 7.35 acres of land parcel with a saleable area of            2.6 millon sq. ft, features a magnificent 52-storey high-rise tower spread across three wings, and comprises 523 units of 4 & 5 bed residences.  Along with the high-end residences, the project will comprise a wide array of luxurious amenities and biophilic designs, inspired by a unique blend of nature and technology. Palais Royale will house an 85,000 sq. ft floating grand clubhouse, over 85% landscape area, and cutting-edge Luxury Tech integrations. The clubhouse will also have top-notch leisure facilities, wellness zones, and bespoke services. The project will also include five levels of basement parking, to be handed over by the end of 2029.

Commenting on the launch of the projects,  Madhusudhan G, CMD, Sumadhura Group says - “For the first time, Sumadhura is launching three residential  projects simultaneously at  prime locations in Bengaluru & Hyderabad. With Sumadhura  Epitome, our first theme-based project in the city, we plan to elevate the lifestyle of homebuyers seeking a unique and upgraded lifestyle. Continuing to strengthen our presence in East Bangalore, we are introducing our second new offering Sumadhura Capitol Residence at Hope Farm, Whitefield which ensures effortless accessibility to the rest of Bengaluru. Also, catering to the ever-evolving Hyderabad’s home buyers’ preferences and aspirational lifestyles, Sumadhura’s Palais Royale will bring in some of the unique elements, intertwining nature and technology, curating cherishable and memorable living experiences for the homebuyers.

Madhusudhan, further added, “We look forward to bringing many more innovative, future-ready and exquisite offerings that cater to the dynamic aspirations of today’s discerning buyers, ensuring that we remain at the forefront of Bengaluru’s & Hyderabad’s real estate growth story,”.

Sumadhura Group is Bengaluru & Hyderabad based real estate developer known for its premium residential and commercial projects. With a focus on sustainable development, innovative design, and customer satisfaction, the group continues to expand its portfolio across key areas in Bengaluru and Hyderabad. The Group has 40 mn sq ft of residential development under planning and construction stage, and has delivered 12 mn sq ft of residential projects across mid-income and high-end segments since last three decades.

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