Sumadhura Group to invest Rs 250 crore to develop residential project in Bengaluru

Dated on: Thursday 24th April 2025

Sumadhura Group is investing Rs 250 crore to develop a new residential project, 'Codename Uru,' in Kenchanhalli, South Bengaluru. The 3.25-acre development will comprise 297 2BHK and 3BHK apartments across two 28-storey towers, with an estimated revenue of Rs 500 crore. Scheduled for completion by December 2029, the project aims to blend modern urban living with Karnataka's cultural heritage. This marks Sumadhura's expansion into South Bengaluru, complementing its existing portfolio of 54 projects and a pipeline of up to 40 million sq ft across residential, commercial, and warehousing sectors.