March 4th, 2025: Real estate developer Sumadhura Group has launched South India-themed Luxury Villa Land Community-Panorama, eyeing a topline of Rs 1500 crore. The project marks the developer’s entry into plotted developments. The Panorama Phase-1 is located in Devanahalli, North Bangalore and sprawls over 100 acre of land with its first phase spread across 50 acre of land and comprising 539 plots ranging from 1200 sqft to 7000 sqft. 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, according to an official statement.
According to the developer, the project Panorama has been designed to reflect the rich culture and heritage of five southern Indian states – Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Kerala. The development is centered around the Pancha Bhutas (the five elements of nature) – earth, water, fire, air and space with a focus on providing a sustainable living experience.
Madhusudhan G, CMD, Sumadhura Group said, “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.”, he added.
Panorama has a 45,000 sqft premium clubhouse offering amenities and spaces designed for sports, recreation, leisure and socialising. The project offers amenities, including a cycle station, bicycle lane, mini-soccer ground, indigenous planting and local flora. It also includes space for recreation and relaxation, including leisure courtyards, party lawns, a camping zone, aromatherapy areas and farm-fresh gardens.
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