Krisumi Corporation, a joint venture between Sumitomo Corporation and Krishna Group, will invest Rs 300 crore in Phase-II of the Krisumi City housing project in Gurugram. The project aims to develop 4,00,000 sq. ft. and generate a revenue of Rs 500 crore. Construction has already begun and is expected to be completed within four years. Possession of Phase-I units will start in January 2024, and plans for Phase-III and a dedicated clubhouse are underway. Krisumi Corporation also plans to enter the hospitality sector for managing the residential apartments. The Phase-I units were priced between Rs 1.47 crore and Rs 1.92 crore.

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01-2026

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