Sumitomo Corporation-backed Krisumi Corporation has launched new phases of its housing project in Gurugram and announced a planned investment of Rs 45 bn. The announcement states the fresh development will extend the project master plan within the Gurugram corridor and will proceed under existing approvals. The company indicated the investment covers development works, infrastructure and community amenities within the project site.

The new phases will provide a mix of residential configurations designed to respond to market preferences and to contemporary planning standards. Krisumi has committed to integrating structured parking, green open spaces and upgraded utility provisions as part of the build programme. The development will follow applicable municipal and regulatory processes before staged handovers commence.

Sumitomo Corporation backing will support capital mobilisation and long term asset stewardship for the project. Krisumi will manage construction and sales operations while leveraging partnerships for specialised elements of delivery. The firm stated that project timelines will align with supply chain scheduling and contractor mobilisation plans.

The expansion comes amid continued development activity in Gurugram where both national and international developers are increasing supply across multiple micro markets. Local planning authorities have prioritised enabling infrastructure and approvals to sustain residential delivery and connectivity improvements. The project launch is positioned to add new housing options and contribute to the city's built environment.