Krisumi Corp to develop 65-acre realty project in Gurugram; to invest Rs 650 cr in first phase
New Delhi, Mar 7:Realty firm Krisumi Corporation, a joint venture between Japanese firm Sumitomo and India’s Krishna Group, will develop a 65-acre project in Gurugram over the next 10 years, and it is investing around Rs 650 crore on construction of over 400 flats in the first phase, according to senior company officials.
Business conglomerate Sumitomo Corporation, a member company of the Sumitomo Group, has delivered over 300 projects across Japan, USA, China and Indonesia, and now entered the Indian real estate market. Krishna group is one of the leading auto component manufacturers.