Krisumi Group’s Rs 2000 Crore Investment Plan for Branded Luxury Residences in Gurgaon

Torbit - July 06, 2024 - - 0 |

Krisumi Corporation, a prominent real estate developer is making Rs 2000 crore of investment in addition to land cost,  to develop 1051high end apartments in Phase 3 & 4 of Krisumi City, located in prime Sector 36A  Gurgaon. The new development spread over 5.88 acres with a total developable area of 2.3  million sq ft (built-up), will come up across 4 towers housing 1BHK, 2BHK, 3BHK and 4 BHK penthouses ranging from 940-10316 sq ft.

A spacious state-of-the-art Cascades Club over 1.6 lakh sq ft at the cost of INR Rs 350 crore, will be another major attraction of the Krisumi City. The concept and design of the club is the brainchild of Krisumi MD, Mohit Jain. ” At Krisumi, we see ourselves not just as a real estate company but as a hospitality company aiming to deliver a 5-star lifestyle to the residents of Krisumi City. We have redefined luxury in Gurgaon’s housing market by bringing high-end living into smaller sizes which is uncommon in the Delhi-NCR market”., says Mohit Jain.

The Cascades Club, according to Vineet Nanda, Director Marketing, Krisumi, stands out as an exclusive club designed to provide an unparalleled lifestyle,  experience, featuring world class amenities. ” It has a landmark offering in the form of the first indoor air-conditioned sports facility in the NCR.The sports amenities include an indoor futsal court, pedal court, table tennis, badminton, basketball, cricket nets and squash courts, all within a climate-controlled environment. For those seeking relaxation and wellness, the club will feature  a state-of-the-art gymnasium , steam rooms, saunas, a spa, a heated indoor plunge pool, and outdoor swimming pool . Additionally, there will be a card room, library, business centre, meeting rooms and co-working spaces to cater to the diverse needs of our residents. And all this is available to apartment owners for just INR 2.5 crore”, adds Nanda.

According to Yuji Kato, Director, and Co- CEO, Krisumi Corporation, the company’s commitment to quality and innovation in real estate is unparalleled. “Our partnership with   Krishna Group reflects our shared vision of creating world-class living spaces in India. The success of our previous phases and the response to our new launch reaffirm our belief in the potential of the Indian real estate market”, he says

The USP of Krisumi offerings is unification of Japanese design aesthetics with the warmth of Indian hospitality, giving shape to architectural masterpieces which are spectacular in forms and have highly practical functionality. It is already developing several phases of Krisumi City, a self-sustained integrated township in Gurgaon. Phase one of the development – Waterfall Residences, comprising 433 units is nearing completion while Waterfalls Suites Phase 2 comprising 320 units , launched last year is progressing rapidly with scheduled delivery  by Q4 2028.

The current development of 1051 luxury units, according to Vineet Nanda, got an overwhelming response with 1024 expressions of interest to buy in a single day the process is on for selecting buyers profiles for allotment. The construction on the project with a topline of INR 4000 crores started in May this year and it is scheduled for completion by December 2029.

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