Sumadhura plans brewery lease at Whitefield office and retail project

On 28 October 2026, Bengaluru-headquartered Sumadhura Group said it plans to lease about 20,000 sq ft of retail space to Iron Hill Brewery at Sumadhura Capitol Towers, its commercial project in Whitefield, East Bengaluru. The company also said café chain Yummy Bee has already leased 3,700 sq ft in the same building. The Iron Hill lease is described as a plan, not a signed deal, and the company did not state the lease value or the lease term.

Iron Hill Brewery is described in the announcement as a globally recognised microbrewery. The company said it is expected to begin operations at the development before the end of 2026. Yummy Bee is known for gluten-free and sugar-free offerings, according to the announcement.

What the company is saying

The developer said the two leases add to a curated food and beverage line-up that complements existing dining options at the building. Madhusudhan G, chairman and managing director of Sumadhura Group, said, "At Sumadhura Capitol Towers, our vision is to bring together business, dining and social experiences within a cohesive commercial ecosystem that adds value to the everyday workplace experience."

The company describes the project as a Grade A+ office destination, designed by Morphogenesis, with one of Bengaluru's largest commercial floorplates. It is described as holding USGBC LEED Gold certification. The project is said to cover 8.67 acres with about 1.5 million sq ft of leasable area.

Retail leasing is a small part of that space. The company has not said what share of the leasable area is now let, and it has not given rent levels for either tenant.

Context from earlier leasing

Reporting in 2025 put the company's investment in Capitol Towers at ₹1,000 crore, with about five lakh sq ft leased to office and retail tenants. The leases were expected to generate ₹50 crore in annual revenue. Those figures came from earlier reporting and were not repeated in the current announcement, so the Iron Hill deal cannot be measured against them directly.

At the group level, the company announced in September 2026 a plan to invest about ₹17,000 crore by March 2030 to develop around 45 million sq ft of property. It said about 85% of the land needed for that launch pipeline is already under its control. The Capitol Towers leases are a small step within that plan and do not change its scale.

The company cited its own figures on office demand in Bengaluru. It said office space demand rose 12% in a recent quarter compared with the first quarter, and that Bengaluru took a 27% share of leasing activity in the second quarter, at 4.8 million sq ft. These are the developer's figures and have not been checked against independent data.

Transport and what to watch

The Whitefield (Kadugodi) station on the Purple Line opened on 26 March 2023, and the full Purple Line, from Whitefield to Challaghatta, has been open since 9 October 2023. The Pink Line has not opened to passengers as of 19 October 2026, and no official opening date has been announced.

For investors and lenders tracking the project, the points to watch are the opening of Iron Hill before the end of 2026, whether the company discloses rent or lease terms for these tenants, and how much of the leasable space is let over the next few quarters. The announcement does not give enough information to judge the lease economics.