Sumadhura Group has announced its entry into the plotted development sector with the launch of Panorama, a South India-themed luxury villa land community in Devanahalli, North Bengaluru. The project aims for a topline of ₹1,500 crore.
Panorama spans 100 acres, with the first phase covering 50 acres and featuring 539 plots ranging from 1,200 sq. ft. to 7,000 sq. ft. Phase 1 is expected to be completed by December 2027, with further phases planned for the future.
The project is designed to reflect the cultural heritage of Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Kerala, integrating regional architectural elements with modern infrastructure. The development is centered around the Pancha Bhutas (Five Elements of Nature) – Earth, Water, Fire, Air, and Space – promoting sustainable living.
Madhusudhan G, CMD of Sumadhura Group, stated that the strong market response highlights the growing demand for custom-built homes and the appeal of plotted development as an investment. He emphasized that Devanahalli was chosen for its strategic location, growth potential, and robust infrastructure.
Devanahalli has been a key real estate hub, accounting for approximately 15% of North Bengaluru’s residential supply from 2016 to 2023, with 13,600 units supplied in that period, according to a study by property consultancy firm Anarock.
Panorama will feature a 45,000 sq. ft. premium clubhouse offering sports, recreation, and leisure facilities. The project will also include cycling infrastructure, a soccer ground, indigenous plantings, community spaces, party lawns, and a camping zone to enhance resident engagement and lifestyle.
Sumadhura Group aims to expand its presence in plotted development while continuing its focus on urban real estate projects.
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