Krisumi Corporation, a joint venture between Japanese firm Sumitomo and India's Krishna Group, will develop a 65-acre project on Dwarka Expressway in Gurugram over the next 10 years, and is investing around Rs. 650 crore on construction of over 400 flats in the first phase. Sumitomo Corporation, a part of the Sumitomo Group, has delivered over 300 projects across Japan, the USA, China and Indonesia, and has now entered the Indian real estate market. Krishna Group is so far known as a leading auto component manufacturer. Both partners have 50:50 stake in the joint venture, which was formed in 2018. The first phase - 'Krisumi Waterfall Residences' - covers over 5 acres and comprises 433 luxury apartments.
Contact: Krisumi Corp.
Tel: 0124-477 6600.
E-mail: info@krisumi.com
Website: www.krisumi.com
