Krisumi to Invest ₹4,500 Cr in Gurugram Housing Project

• ₹4,500 crore additional investment planned over next 6–7 years
• Project prices jump from ₹8,500 to ₹24,000 per sq ft
• Over 2,700 luxury units planned in Krisumi City

Gurugram: Krisumi Corporation Ltd, a joint venture between Sumitomo Corporation and Krishna Group, has announced plans to invest an additional ₹4,500 crore in its flagship residential project, Krisumi City, located along the fast-developing Dwarka Expressway.

The company has already invested around ₹2,500 crore since entering the Indian real estate market in 2018. With this fresh capital infusion, the total project investment is expected to reach between ₹6,000 crore and ₹7,000 crore over the next several years.

Spread across 33.5 acres, Krisumi City is being developed as a large-scale luxury township featuring a total of 2,772 residential units across multiple phases. The project stands out for its concept of a “mini Japanese city,” combining Japanese design philosophy with Indian urban living needs.

Chairman Ashok Kapur highlighted that the development has already delivered significant value to early investors. The project was initially launched at around ₹8,500 per square foot, while current prices have climbed to nearly ₹24,000 per square foot a sharp appreciation that reflects strong buyer demand and the premium positioning of the project.

Over the past five to six years, Krisumi has launched four phases, covering nearly 1,800 units. The company is now moving ahead with its fifth and sixth phases, branded as “The Forest Reserve,” which will add around 550 new units. These upcoming phases alone are expected to generate revenue of approximately ₹4,000 crore.

According to company officials, construction and delivery are progressing steadily. Possession has already started in the earlier phases, and around 120 families are currently residing in the development. Interestingly, about 25% of these residents are Japanese nationals, reflecting the project’s international appeal and its positioning as a cross-cultural residential destination.

Co-CEO Yuji Kato emphasized that Krisumi’s success lies in its Indo-Japanese collaboration model, which focuses on three key pillars: world-class design, precise construction management, and a thoughtfully curated lifestyle experience. This approach has helped the brand differentiate itself in Gurugram’s competitive luxury housing market.

Another key highlight is the project’s strong rental performance. Company executives revealed that apartments in Krisumi City are being leased at nearly ₹100 per square foot, indicating healthy rental yields for investors a crucial factor driving end-user as well as investor interest.

From a financial standpoint, Krisumi Corporation maintains a debt-free structure and plans to fund the remaining development primarily through internal accrals. This reduces financial risk and ensures smoother project execution over the long term.

Industry experts note that Gurugram, especially the Dwarka Expressway corridor, has emerged as one of the most promising real estate micro-markets in North India. Improved connectivity, infrastructure upgrades, and proximity to Delhi have significantly boosted demand for high-end residential projects.

Kunal Rishi, Chief Operating Officer of Krisumi Corporation, stated that projects developed by credible and established developers continue to see strong traction in the region. Buyers today are more focused on quality, timely delivery, and brand trust areas where organized developers have a clear advantage.

Looking ahead, the entire Krisumi City project is expected to be completed by 2032. With sustained investment, rising prices, and strong rental demand, the development is positioning itself as one of Gurugram’s most premium and globally inspired residential communities.