Sumadhura Group Launches Panorama Phase II Plotted Development in North Bengaluru; Eyes ₹700 Crore Revenue
Bengaluru, June 18, 2026: Sumadhura Group, one of South India’s leading diversified real estate developers, has announced the launch of Phase II of Sumadhura Panorama. The project stands as Bengaluru’s first-ever South Indian-themed luxury villa plot community, situated in the high-growth corridor of Devanahalli in North Bengaluru. Spread across an expansive 34 acres, the newly launched residential phase is projected to generate a total revenue of ₹700 crore, Sumadhura Group said in a press release.
This latest launch follows an overwhelming response received for Phase I of Sumadhura Panorama, a reception that underscores the robust and growing demand for premium plotted developments across North Bengaluru. Strategically positioned on NH-44, the development benefits heavily from aggressive infrastructure-led growth and excellent connectivity, sitting just 10 minutes away from Kempegowda International Airport (KIAL). Its geographic appeal is further enhanced by its close proximity to the Satellite Town Ring Road (STRR), which seamlessly connects Devanahalli to key satellite towns and major industrial hubs.
Furthermore, the upcoming Namma Metro Blue Line Airport Corridor is located just 10 minutes from the development. This transit network will drastically improve connectivity to the international airport and provide future residents with seamless access to key business and employment hubs across Bengaluru, reinforcing both the end-use and investment appeal of the region. The steady presence of nearby commercial economic drivers—including KWIN City, the KIADB Aerospace Park, and Devanahalli Business Park—coupled with an already well-established social infrastructure of leading schools and healthcare institutions, firmly positions the location for sustained regional growth and long-term value creation.
Commenting on the launch, Madhusudhan G, Chairman & Managing Director, Sumadhura Group, said, “Homebuyers today are increasingly seeking thoughtfully planned communities that offer more than land ownership—they are looking for quality infrastructure, lifestyle amenities, and long-term value. North Bengaluru, particularly Devanahalli, has emerged as one of the city’s most promising growth corridors, driven by transformative infrastructure projects, expanding employment hubs, and enhanced connectivity. Panorama Phase II builds on the strong momentum of the first phase and underscores our commitment to delivering thoughtfully designed plotted communities that combine cultural identity with contemporary living. As we expand our presence in North Bengaluru, we remain focused on developing future-ready projects in high-potential micro-markets that create enduring value for both homebuyers and investors.”
