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Sumadhura Group Enters Plotted Development, Aims Rs. 1500 Cr Topline

Sumadhura Group Enters Plotted Development, Aims Rs. 1500 Cr Topline

BY Realty+
Published - Wednesday, 05 Mar, 2025
Sumadhura Group Enters Plotted Development, Aims Rs. 1500 Cr Topline

Sumadhura Group marks its entry into plotted development with the launch of Panorama, the first-ever South India-themed luxury villa land community. Targeting a topline of Rs 1,500 crore, the Phase-1 launch has seen overwhelming demand from the Bengaluru market, reflecting homebuyers’ strong preference for custom-built homes and their confidence in the brand.

Located in Devanahalli, North Bengaluru, just 10 minutes away from the airport, Panorama sprawls over 100 acres of land with its first phase spread across a 50-acres land and comprises 539 plots ranging between 1200 sq.ft to 7000 sq. ft. The project’s phase I is expected to be completed in December 2027. The group also plans to launch other phases shortly.

A South India-themed Luxury Villa Land Community, Panorama celebrates and pays homage to the cultural extravagances of South India. The project is rooted in the rich culture and heritage of five southern Indian states, including Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Kerala. Each section of the community is inspired by the unique traditions, architecture and culture of these regions, blending them with modern design. The development, centred around the Pancha Bhutas (the Five Elements of Nature), Earth, Water, Fire, Air, and Space, promises a serene and sustainable living experience. 

Madhusudhan G, CMD of Sumadhura Group, said, “We are thrilled to unveil our first plotted development project in Bangalore, marking a key milestone in our growth and expansion strategy as we diversify our portfolio across asset classes. We have received an overwhelming response from the Bengaluru market, reaffirming the growing appeal of plotted development as an investment avenue among homebuyers. We believe in curating bespoke customer living experiences shaped by their ever-evolving needs and preferences. As we continued to scale our business, we observed a heightened demand for plots among the buyers in key locations, especially from renowned developers."

“With prime locations being one of the Group’s core pillars, we chose Devanahalli as the ideal location for Panorama, owing to the region’s strong appreciation potential driven by the growth of IT and ITes, smart policies and robust infrastructure. Seizing this market opportunity, we are happy to offer our customers an opportunity to craft their own ‘Dream Villa’, blending South India’s rich heritage and modern living", added Madhusudhan G.

Devanahalli is well-equipped with esteemed educational institutions, healthcare facilities, and shopping malls, offering its residents a wide range of amenities. Currently, the micro-market is undergoing a comprehensive development that includes physical and social infrastructure improvements, establishing the region as a vibrant hub for commercial and residential activities. As a result of the steady growth and demand, it has become a thriving real estate hub. Devanahalli accounted for approximately 15 per cent of residential supply in North Bengaluru from 2016 to 2023, with 13,600 units supplied during this period, according to Anarock. 

Panorama boasts a 45,000 sq. ft premium clubhouse with ample amenities and spaces for sports, recreation, leisure and socialising. To support a healthy and balanced lifestyle and preserve natural beauty, Panorama offers a cycle station, bicycle lane, mini-soccer ground, Indigenous planting and local flora, among others. To foster community engagement, the land community will include leisure courtyards, party lawns, a camping zone, aromatherapy areas, and farm-fresh gardens, among others, all aimed at promoting recreation and relaxation.

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