Bengaluru, 05th March 2025: Sumadhura Group, South India’s leading real estate developer ventures into plotted development with the launch of first-ever South India themed Luxury Villa Land Community-Panorama, eyeing a topline of Rs 1500 crore. Panorama Phase-1 has garnered a massive response from the Bengaluru market. This impressive demand highlights homebuyers’ strong preference for custom-built homes and underscores their confidence in the group.
Located in Devanahalli, North Bengaluru- just 10 minutes away from the airport, Panorama sprawls over 100 acres of land with its first phase spread across a 50-acres land and comprises 539 plots ranging between 1200 sq.ft to 7000 sq. ft. The project’s phase-I is expected to be completed in December 2027. The group also plans to launch other phases in the near future.
A first-of-its-kind South India themed Luxury Villa Land Community, Panorama celebrates and pays homage to the cultural extravaganza of South India. The project is rooted in the rich culture and heritage of five southern Indian states- Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Kerala. Each section of the community is inspired by the unique traditions, architecture and culture of these regions, blending them with modern design. The development, centered around the Pancha Bhutas (the Five Elements of Nature) – Earth, Water, Fire, Air, and Space – promises a serene and sustainable living experience.
Speaking on the occasion, Madhusudhan G, CMD, Sumadhura Group said, “We are thrilled to unveil our first plotted development project in Bangalore, marking a key milestone in our growth and expansion strategy, as we continue to diversify our portfolio across asset classes. We have received an overwhelming response from the Bengaluru market, reaffirming the growing appeal of plotted development as an investment avenue among homebuyers. We believe in curating bespoke living experiences for the customers, shaped by their ever-evolving needs and preferences. As we continue to scale our business, we observed a heightened demand for plots among the buyers in key locations, especially from renowned developers.
“With prime locations being one of the Group’s core pillars, we chose Devanahalli as the ideal location for Panorama, owing to the region’s strong appreciation potential driven by the growth of IT and ITes, smart policies and robust infrastructure. Seizing this market opportunity, we are happy to offer our customers an opportunity to craft their own ‘Dream Villa’, blending South India’s rich heritage and modern living.”, added by Mr Madhusudhan G.
Devanahalli is well-equipped with esteemed educational institutions, healthcare facilities, and shopping malls, offering its residents a wide range of amenities. Currently, the micro-market is undergoing a comprehensive development that includes both physical and social infrastructure improvements, establishing the region as a vibrant hub for commercial and residential activities. As a result of the steady growth and demand, it has become a thriving real estate hub. Devanahalli accounted for approximately 15% of residential supply in North Bengaluru from 2016 to 2023, with 13,600 units supplied during this period, says a study from property consultants, Anarock.
Panorama boasts of a 45,000 sq. ft premium Clubhouse housing the top-notch amenities and spaces designed for sports, recreation, leisure, and socializing. To support a healthy and balanced lifestyle and preserve natural beauty, Panorama will offer a cycle station, bicycle lane, mini-soccer ground, indigenous planting, and local flora among others. Additionally, to foster community engagement, the luxury villa land community will include leisure courtyards, party lawns, a camping zone, aromatherapy areas, and farm-fresh gardens, among others, all aimed at promoting recreation and relaxation.
