Bengaluru-based Sumadhura Group will invest Rs 2,000 crore in FY26 to launch a mix of plotted and residential projects.

The Group is also exploring expansion into Mumbai, Pune, Chennai, and Goa, starting with mid to premium housing. While mid-market homes will remain the focus, Sumadhura is also evaluating selective luxury projects priced up to Rs seven to eight crore. Chairman and Managing Director Madhusudhan Gunda said that the pipeline includes plotted developments in Devanahalli, priced between Rs 75 lakh and Rs two crore, and mid-market housing in prime Bengaluru locations such as Whitefield, Outer Ring Road, and Manyata Tech Park.

The Chairman welcomed the government’s GST cuts on cement, granite, and marble, noting, “It will benefit developers, while consumer savings on essentials and appliances will fuel housing demand. For families, this means greater affordability and the dream of home ownership becoming closer to reality. Together, these changes promise to energise the real estate sector and create a positive ripple effect across the economy.”