Sumadhura Group eyes over 3-fold turnover growth to Rs 5,000 cr in FY25
South India-based real estate developer Sumadhura Group on Friday said it is eyeing over three-fold growth in its turnover for 2024-25 to Rs 5,000 crore, mainly aided by new offerings.
Sumadhura Group, with a 30-year legacy, also announced a new logo and tagline "Foundation of Happiness", a company statement said.
According to the statement, this new identity reflects the contemporary image that aligns with Sumadhura's current growth, resonates with the target markets, and strengthens the group's position in the competitive landscape.
Sumadhura Group CMD Madhusudan said, "Sumadhura group scaled up the offerings in 2024-2025 with a target of 5,000 crore projected turnover from the residential sector from Bangalore and Hyderabad on the back of aggressive launches. In 2023-24, we sold real estate worth 1,500 crore".
The commercial and warehousing offerings will be over and above the residential segment, adding to the overall portfolio and scale of group operations, he added.
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