Sumadhura Group makes Chennai debut with ₹400-crore logistics park

Real estate firm Sumadhura Group has ventured into the Chennai market with a Grade A industrial and logistics park in Red Hills, North Chennai, situated along the Chennai Peripheral Ring Road. The project, valued at ₹400 crore, spans 52 acres and offers 1.2 million sq. ft. of warehousing space. Vamshi Karangula, Director of Industrial & Logistics at Sumadhura Group, announced the groundbreaking and projected project completion by June 2028.

The first phase will be operational by the first quarter of 2027. The park aims to meet the growing demands of manufacturing, automotive, e-commerce, and 3PL sectors in Chennai. Karangula highlighted India's warehousing sector's shift towards Grade A spaces, attributing Chennai's favorable conditions to its strong manufacturing base and improving logistics infrastructure.

Sumadhura Group's Chairman & Managing Director, Madhusudhan G, noted Chennai's industrial depth and port connectivity, emphasizing the city's emerging role as a leading Grade A industrial and warehousing market. The firm is planning further investments in Chennai, including residential and commercial real estate developments, with a focus on luxury and upper mid-segment properties.