Executives from Krisumi Corporation shaking hands at the Gurugram housing project site at sunset.
Krisumi Corporation, a joint venture with Sumitomo Corporation, plans to invest Rs 4,500 crore (approximately $540 million) in its Gurugram housing project, ‘Krisumi City’, over the next 6-7 years. This investment will further develop the luxury housing project, with the company having already committed Rs 2,500 crore since 2019.
The ‘Krisumi City’ project is underway, with the first phases already delivered to homeowners. The additional investment aims to expand and enhance the existing development, catering to the increasing demand for high-end residential properties in Gurugram.
Krisumi Corporation’s continued investment reflects confidence in the Gurugram real estate market and its potential for growth. The project aims to offer modern amenities and infrastructure, attracting discerning homebuyers looking for quality living spaces. The investment underscores the ongoing interest in India’s real estate sector, particularly in metropolitan areas like Gurugram.