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Krisumi Corp to Invest Rs 1300 Cr for Gurugram Luxury Homes
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News18•16-10-2026, 11:45
Krisumi Corp to Invest Rs 1300 Cr for Gurugram Luxury Homes
- •Realty firm Krisumi Corporation will invest Rs 1,300 crore to develop 542 luxury apartments under the fifth and sixth phases of Krisumi City in Gurugram.
- •The joint venture between Japan’s Sumitomo Corporation and India’s Krishna Group has a revenue potential of Rs 4,000 crore for these latest phases.
- •Krisumi Corporation is also planning to enter the senior living segment by evaluating five to six licensed land parcels.
- •The overall 33.5-acre housing project on Dwarka Expressway will feature 2,772 units with a total estimated investment of Rs 7,000 crore.
- •The company is entirely debt-free, funding the project through internal accruals, and expects to complete the entire development by 2032.
Key Questions Answered
Krisumi Corporation will invest Rs 1,300 crore to develop the fifth and sixth phases of its 'Krisumi City' project named 'The Forest Reserve' in Gurugram.
Krisumi Corporation is a joint venture between Japan's Sumitomo Corporation and India's Krishna Group, with both partners holding an equal stake in the company.
Krisumi Corporation is planning to enter the senior living segment by evaluating five to six licensed parcels of land to develop homes specifically for senior citizens.
