East Bengaluru to get Rs 3,500 crore residential township in Whitefield corridor

Sumadhura Group has signed a Joint Development Agreement (JDA) for a 17-acre land parcel in the Whitefield-Kannamangala corridor in East Bengaluru to develop a premium residential community.

The project is expected to generate a Gross Development Value (GDV) of around Rs 3,500 crore and will offer more than 2.5 million sq. ft. of saleable area, reported The Economic Times.

The Whitefield-Kannamangala corridor has emerged as one of Bengaluru’s key residential markets, supported by its proximity to the International Tech Park Bangalore (ITPL), the Namma Metro Whitefield extension and the Whitefield Railway Station. The area continues to attract housing demand from professionals working in the city’s technology sector.

According to industry data, including reports by Cushman & Wakefield, East Bengaluru accounted for around 57 per cent of the city’s total residential project launches during the first quarter of 2026, reflecting continued developer interest in the region, reported the Whalesbook.

The company said the project will add more than 2.5 million sq. ft. of saleable residential space to the corridor.

A Joint Development Agreement allows developers to expand their project pipeline without purchasing land outright. The model enables developers to share development rights with landowners while reducing upfront land acquisition costs.

The progress of the project is expected to depend on construction timelines, market demand in the Whitefield area and the pace of sales once bookings begin. Future announcements on construction milestones and project launches are expected to provide further details on the development.