Krisumi Corporation sells 322 luxury suites

New Delhi, 24th May 2023 Realty firm Krisumi Corporation Ltd has entirely sold 322 luxury suites (apartments) within three days of launch in the second phase of its project at Gurugram.

Krisumi Corporation is a joint venture between India’s Krishna Group and Japan’s business conglomerate Sumitomo Corporation.

The company is developing its maiden 30.38-acre housing project “Krisumi City” at Sector 36A, Gurugram. The project enjoys a prime and strategic location bang on the bustling Dwarka Expressway. The first phase, which was spread over 5 acres, was launched in 2021.

After the successful launch of the first phase, the company launched 322 luxury suites in the second phase called “Waterfall Suites.” Each suite consists of one room, living and drawing space, and a kitchen (1 LDK/1 LDK + 2T).

On Saturday, May 20 Mr. Aroon Purie, Chairperson, India Today Group unveiled the 3D project model of the Waterfall Suites. Speaking on the occasion, he said, “Krisumi’s innovative approach to design has brought about a revolution in the industry, setting a new benchmark for excellence. No wonder, it has become NCR’s most preferred residential real estate brand in such a short span.”

The project is inspired by the serene Shiraito Waterfall, located near Mount Fuji in Japan. The design of Waterfall Suites weaves in elements of the stream, thread, and calmness of water into a graceful facade. The waterfall represents the versatility of formless things within our world while being the epitome of simplicity and purity. Shiraito no Taki is the landscape theme of the project which has been interpreted at several places, and incorporated into the design itself.

Krisumi Corporation received an overwhelming response from the customers and all the units were sold within three days of launch (May 20th to May 22nd ). More than 700 customers evinced interest in buying apartments in this project.

The units are priced in the range of Rs 1.47 crore to Rs 1.92 crore. The per square feet rate is approx. Rs 16,000 per sq. ft.

“With careful attention to detail, we have meticulously planned every aspect of the second phase, leaving no stone unturned in preparing for its execution. From the smallest details to major milestones, we have ensured that all necessary preparations are in place to provide a seamless and timely delivery,” Mr. Ashok Kapur, Chairman, Krishna Group said.

“We have witnessed tremendous response from our customers. The confidence in the Krisumi group, the project’s distinctive design and theme, and its advantageous location form a compelling proposition that appeals to buyers and investors seeking both quality and long-term value in their real estate. As a result, we received 750 cheques as against 322 apartments that we are offering,” Mr. Mohit Jain, Managing Director, Krisumi Corporation said.

“We observed a substantial and robust demand for luxury 1 LDK/ 1LDK + 2T housing units, a unique offering that no other developer in the vicinity offers. We are delighted to witness such a positive response from buyers, as it reinforces our commitment to delivering quality and fulfilling the evolving needs of the market. The overwhelming response serves as a testament to our ability to identify and meet the demands of the modern real estate landscape, ultimately contributing to the success of the project,” Vineet Nanda, Director, Sales & Marketing, at Krisumi Corporation said.

Krisumi Corporation has commenced construction on the second phase of the project and is committed to completing it within the next four years.

The first phase of the Krisumi project is also on track to be delivered well within the timeline. The plans to launch the third phase of the projects are also underway.