Bengaluru, Aug 4: Sumadhura Group, one of South India’s diversified real estate groups has signed a Joint Development Agreement for a 17–acre land parcel in Whitefield-Kannamangala Corridor, East Bengaluru for the development of a premium residential community. The project is expected to generate a Gross Development Value of approximately INR 3,500 crore and offer over 2.5 million sq. ft. of saleable area.
The Whitefield–Kannamangala corridor has rapidly evolved into one of East Bengaluru‘s most sought-after residential destinations, offering an advantage of a tranquil, green environment while remaining closely connected to key employment hubs such as ITPL in Whitefield and the broader East Bengaluru technology corridor. The corridor also benefits from strong metro and rail connectivity through the Whitefield and Pattandur Agrahara Metro stations, as well as Whitefield Railway Station, ensuring seamless connectivity across the city. A key highlight of the corridor is its proximity to the expansive Atal Bihari Vajpayee Botanical Garden, which enhances the area’s green quotient and provides residents access to one of Bengaluru‘s most prominent urban green spaces. Coupled with strong social infrastructure and a well-established ecosystem of educational institutions and healthcare facilities, the corridor continues to attract discerning homebuyers, reinforcing its appeal as a preferred residential destination with balanced living and strong long-term value appreciation potential.
Commenting on the same, Mr. Madhusudhan G, Chairman & Managing Director, Sumadhura Group, said,
“This development marks another milestone in our two-decades journey in East Bengaluru. The resounding response to our four residential communities in the Whitefield–Kannamangala corridor has reinforced our conviction in the area’s potential, as it continues to emerge as one of East Bengaluru‘s most promising residential destinations. Today, the Whitefield–Kannamangala corridor has evolved into one of the region’s most promising residential markets. As East Bengaluru continues to grow as a major residential and economic hub, we believe the corridor is poised for sustained growth, driven by its strong connectivity, established social infrastructure, and growing appeal among end-users. This development reinforces our long-term confidence in the corridor’s growth potential and aligns with our strategy of expanding presence across high-growth micro-markets in Bengaluru.”
This development comes at a time when East Bengaluru continues to dominate the city’s residential growth story. According to Cushman & Wakefield, the region accounted for nearly 57% of Bengaluru‘s residential launches during the first quarter of 2026, underlining its continued attractiveness among both developers and homebuyers.