Real estate developer Sumadhura Group has announced plans to invest ₹250 crore in a new residential project in Bengaluru.
In a statement issued on Tuesday, the company revealed its entry into South Bengaluru with the launch of ‘Codename Uru’, a premium project located in Kenchanhalli.
Spread across 3.25 acres, the project is projected to generate around ₹500 crore in revenue. It will feature 297 residential units spread across two 28-storey towers and is slated for completion by December 2029.
Sumadhura plans to invest ₹250 crore over the next four years to bring the project to life.
Madhusudhan G, Chairman & Managing Director of Sumadhura Group, said: “South Bengaluru has emerged as a vibrant growth corridor…we see this expansion as a natural step in our vision to create strategically developed and lifestyle-focused communities across Bengaluru.”
Over the past three decades, Sumadhura Group has completed 54 projects, covering more than 13 million square feet of built-up space. The company also has a development pipeline of up to 40 million square feet. Its portfolio spans all key segments of real estate, including residential, commercial, and warehousing developments.
Sumadhura follows a dual approach to development—acquiring land outright as well as collaborating with landowners through joint development agreements.
With a strong track record, diversified portfolio, and a fresh push into South Bengaluru, Sumadhura Group continues to reinforce its position as a leading player in India’s real estate landscape, poised for sustained growth in the years ahead.
