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Sumadhura Gp Launches Three Residential Projects
Bengaluru, November 25, 2024: Sumadhura Group announced 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. A press release issued by the company says that the group is eyeing an estimated revenue potential of Rs 4000 crore from the three projects, with Rs 500 crore to be generated from Epitome; Rs 1000 crore from Capitol Residences and Rs 2500 crore from Palais Royale.
Sumadhura Epitome is located in Rachenahalli, North Bangalore. The other project in East Bengaluru, Sumadhura Capitol Residences is strategically located at Hope Farm Junction, ITPL Main road, The third project in Hyderabad is nestled in proximity to the thriving Financial District.
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. 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 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 52-storey high-rise tower spread across three wings, and comprises 523 units of 4 & 5 bed residences. The project is scheduled 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.
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