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Sumadhura Infracon to invest Rs 5,000 crore in next three years

Dated on: Tuesday 12th September 2023

Sumadhura Infracon, a real estate developer, intends to expand its residential and commercial portfolio significantly over the next three years, with an investment of approximately ?5,000 crore, as per the company's chairman's. The company has recently acquired 45 acres of land situated along Bengaluru's Outer Ring Road for the construction of a commercial facility. In 2023, their plan includes the construction of three million square feet of new homes and the development of two million square feet of land.

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