Bengaluru: Bengaluru-based Sumadhura Group has announced an ambitious four-year expansion plan involving an investment of around ₹17,000 crore and the launch of nearly 45 million sq ft of real estate development by 2030 across Bengaluru, Hyderabad and Chennai.
The
development pipeline will span residential, commercial office and warehousing
and logistics projects, marking a significant expansion of the group's presence
across South India's major real estate markets. The plan covers FY2027 to
FY2030.
Residential
development will remain the largest component of the planned expansion,
accounting for approximately 35 million sq ft. The residential pipeline has an
estimated Gross Development Value (GDV) of ₹38,000 crore.
The company
also plans to enter the luxury villa segment and expand its land bank in
high-growth micro-markets across Bengaluru, Hyderabad and Chennai. According to
the company, more than 80% of the land required for its residential pipeline
has already been secured.
Sumadhura is
also increasing its focus on commercial real estate. The group plans to develop
around 4.2 million sq ft of Grade-A office space, with potential annual rental
income of approximately ₹700 crore.
A key part
of this strategy is the group's planned expansion into premium commercial
developments along Bengaluru's Outer Ring Road (ORR), one of the city's major
office and technology corridors.
The move is
aimed at building a larger portfolio of rent-generating assets alongside the
group's residential business.
The company
plans to develop approximately 6 million sq ft of warehousing and logistics
space as part of the 45-million-sq-ft pipeline. These assets could generate
potential annual rental income of around ₹225 crore, according to the company.
Sumadhura is
building on its existing logistics presence in Hoskote, Bengaluru, while also
expanding in Chennai. Its Chennai plans include a 1.2-million-sq-ft Grade-A
industrial and logistics park at Red Hills.
The
expansion represents Sumadhura's broader shift from being primarily a
residential developer towards a more diversified real estate platform covering
homes, offices, warehouses and other asset classes.
The company
has delivered more than 56 projects covering over 17 million sq ft over its
three-decade history, while around 15 million sq ft is currently under
development and more than 40 million sq ft is in the pipeline.
Sumadhura
Chairman and Managing Director Madhusudhan G. has said the company's Vision
2030 strategy is focused on leveraging urbanisation, infrastructure development
and emerging economic corridors while creating a larger base of
annuity-generating assets.
The planned
investment comes at a time when Bengaluru, Hyderabad and Chennai are witnessing
sustained demand across housing, office and industrial and logistics segments.
The expansion of technology companies, Global Capability Centres,
manufacturing, e-commerce and third-party logistics is supporting demand for
both commercial and warehousing space in these markets.
With 45
million sq ft planned for launch and ₹17,000 crore earmarked for investment,
Sumadhura's Vision 2030 roadmap could add substantial new supply across three
major southern property markets while increasing the group's exposure to
recurring rental income.
For the
Indian real estate sector, the announcement also highlights a broader trend
among developers: expanding beyond residential sales into commercial and
logistics assets to build more diversified and recurring revenue streams.
By : The Realty Times — Real Estate News, Property Insights & Market Updates
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