Sumadhura Infracon acquires 100 acres in Bangalore outskirts for warehousing, industrial projects

Rutuja Kedare May 13, 2023 0

Sumadhura Infracon Ltd., a Bangalore-based real estate company, has acquired 100 acres of land on the outskirts of Bangalore in order to develop warehousing and industrial projects. This marks the company’s entry into the warehousing segment, with their inaugural project situated on the Hoskote-Chintamani road. 

The first phase of the Sumadhura Urban Infrastructure project will encompass a total development of 2.5 Mn-SqFt, requiring an investment of INR 600 crore

Currently, the company is in the process of acquiring an additional 150 acres of land on the Hoskote-Chintamani Road to expand the overall development area to 6 Mn-SqFt.


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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.

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