"Sumadhura Group, a Bengaluru-based real estate firm, has acquired approximately 40 acres of land worth around Rs 800 crore through a combination of outright purchases and joint development agreements. These parcels, situated in high-growth corridors of Bengaluru, are expected to yield revenue of Rs 6,000 crore.
Mr. Madhusudhan G, CMD of Sumadhura Group, is featured in Outlook India magazine's "Young Game Changers of Indian Realty 2024" special August issue. This recognition reflects his innovative leadership and contributions to the real estate sector. In the feature, he discusses the Group's new identity, Sumadhura's pioneering industry-first initiative 'RealView', and shares insights into his hobbies and educational background.
June 18, 2024
In an exclusive interview with Outlook India, Mr. Madhusudhan G, CMD of Sumadhura Group, discusses the impact of integrating smart technologies in construction, the 2024 residential market outlook, and the appeal of Sumadhura's new identity.
June 18, 2024
Sumadhura Group eyes over three-fold growth in its turnover for 2024-25 to Rs 5,000 crore, mainly aided by new offerings.The commercial and warehousing offerings will be over and above the residential segment, adding to the overall portfolio and scale of group operations.
Sumadhura Group acquired 40 acres of land for developing housing projects at around Rs 800 crore in high-growth corridors of Bengaluru, to be launched by 2025.
Sumadhura Group has leased 3 lakh square feet of warehousing space to Zomato at Sumadhura Logistics Park at Hoskote-Chinthamani Road, Bengaluru, marking the largest warehousing space Zomato has leased in India.
Sumadhura Group rebranded itself to signify its growth phase. The Bengaluru-based firm, with a 30-year legacy, unveiled a new logo and tagline, "Foundation of Happiness," symbolizing its evolution, commitment to customer satisfaction, and expansion into various real estate segments.
Sumadhura Foundation reopened Bhoganahalli Government Lower Primary School (GLPS) after the renovation of the 61-year-old dilapidated school building. Executed in partnership with the Inner Wheel Club of Bangalore, this initiative highlighted the power of corporate social responsibility in creating a brighter future for students.
Mr. Madhusudhan G, Chairman & Managing Director, Sumadhura Group shares his expert views on a report by PropEquity, highlighting an uptick in housing sales in 2023-24 in tier-II cities against the previous year.
Mr. Madhusudhan G, Chairman & Managing Director, Sumadhura Group shares his expert commentary on expectations from the Union Budget 2024, tabled on 23rd July, 2024.
Mr. Madhusudhan G, Chairman & Managing Director, Sumadhura Group shares his expert commentary on the Union Budget 2024.
