Krisumi Group has unveiled an ambitious ₹2,000 crore investment plan for Phases 3 and 4 of its flagship Krisumi City township in Gurugram’s Sector 36A, adding 1,051 luxury apartments to its portfolio. This infusion of capital is over and above the land acquisition cost and underscores the joint venture’s commitment to elevating the city’s premium residential landscape. Spanning 5.88 acres, the upcoming “Waterside Residences III” and “Waterfall Suites II” projects will together deliver a built-up area of 2.3 million sq ft, featuring a mix of 1- to 4-BHK units and posh penthouses.
About Krisumi Group
Krisumi Corporation is a 50:50 joint venture between India’s Krishna Group and Japan’s Sumitomo Corporation, combining local real-estate expertise with global best practices in construction and design. Since its inception, the partnership has focused on creating integrated townships that blend residential, retail, and hospitality offerings. With over 30 years of collective experience and a track record of delivering over 5 million sq ft across the NCR, the JV aims to set new benchmarks in luxury living with this latest launch.
Project Specifications
The new phases cover a total developable area of 2.3 million sq ft and will feature four towers housing 1,051 units. Unit sizes range from compact 940 sq ft 1-BHKs to sprawling 10,316 sq ft 4-BHK penthouses, catering to a wide spectrum of luxury buyers. Beyond private residences, the project includes a state-of-the-art 1.6 lakh sq ft clubhouse spread over 2 acres, complete with wellness, recreational, and co-working spaces—reinforcing Krisumi’s vision of a five-star lifestyle enclave.
Design & Amenities
Waterside Residences III and Waterfall Suites II prioritize waterfront-inspired aesthetics, with cascading water features, landscaped gardens, and sky decks. Residents will enjoy amenities such as an Olympic-length swimming pool, a fully equipped fitness center, indoor sports courts, multiplex screening rooms, and children’s play zones. The clubhouse will host curated F&B outlets, spa facilities, and co-working lounges, ensuring a self-contained ecosystem that minimizes the need to venture outside for daily luxuries.
Pricing & Early Demand
Price points for Waterfall Suites II start at ₹2.17 crore for a 1-BHK, scaling up to ₹2.67 crore for larger flats, with penthouses commanding up to ₹25 crore. Waterside Residences III homes are pegged between ₹4.08 crore and ₹6.16 crore, while its penthouses begin at ₹13.36 crore. Reflecting strong market appetite, Krisumi received 1,024 expressions of interest in a single day upon announcement—nearly matching the total units on offer.
Gurugram’s Booming Luxury Segment
Gurugram’s luxury real-estate market has witnessed unprecedented growth, with premium housing sales soaring by 66% to ₹1.07 lakh crore in 2024, compared to ₹64,314 crore in 2023, according to PropEquity data. This surge underscores the city’s emergence as a preferred address for high-net-worth individuals seeking world-class living standards close to Delhi’s business corridors.
Competitive Landscape
Krisumi’s latest foray coincides with other marquee launches in Gurugram’s luxury bracket. Experion Developers recently announced “The Trillion” in Sector 48, a ₹2,000 crore project featuring 540 ultra-luxury units, while Smartworld-Tribeca’s Trump Residences in Sector 65 entails a ₹2,200 crore investment across twin 51-storey towers. These parallel developments highlight fierce competition and the city’s capacity to absorb high-end inventory.
Luxury Trends & Investor Sentiment
Despite stock-market volatility, NRIs and domestic investors continue to pivot towards luxury realty for stable, long-term returns. In Q4 2024, Delhi-NCR was the only major market to post positive growth in new-home sales, with 9,808 units sold versus 6,528 a year earlier. Moreover, a Reuters poll forecasts national home-price appreciation of 7.75% in 2025, driven largely by luxury demand—underscoring the resilience of high-end residential assets.
Timeline & Strategic Impact
Construction for Krisumi’s new phases is slated for completion by December 2029. Upon delivery, the project is expected to generate over ₹4,000 crore in revenue, create thousands of direct and indirect jobs, and further catalyze ancillary growth in retail, hospitality, and infrastructure within Gurugram’s micro-market.
Krisumi Group’s ₹2,000 crore luxury township expansion reaffirms Gurugram’s ascendancy in India’s premium real-estate segment. By marrying Japanese precision with Indian scale, Waterside Residences III and Waterfall Suites II are poised to redefine luxury living, offering buyers a holistic lifestyle proposition backed by robust market fundamentals and sustained demand. As the city’s skyline evolves, Krisumi City stands as a testament to the region’s enduring allure for discerning homeowners.
