Krisumi Group announces INR 2,000 Crore investment to develop 1051 Luxury Units in Gurugram

Biltrax Media Jun 24, 2024 0

Krisumi Corporation, a leading real estate developer, is set to invest an estimated INR 2,000 Crore in Phase 3 & Phase 4 of Krisumi City. The residential development comprises 1051 luxury units in Sector 36A, Gurugram. This significant investment is in addition to the land cost, while the developer expects revenue realization of INR 4,000 Crore from the Project.

Spanning nearly 5.88 Acres, ‘Waterside Residences‘ and ‘Waterfall Suites II‘ will feature four towers with 1, 2, 3, and 4 BHK penthouses ranging from 940-10,316 SqFt. The project boasts a total developable area of approximately 2.3 Mn-SqFt. The funding for this project will come from a mix of equity contributions, sales proceeds, and internal accruals. Having received RERA approval earlier this year, construction activities commenced last month, with the project scheduled for completion by December 2029.

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Additionally, Krisumi will develop a state-of-the-art club over 2 Acres, with a built-up area of approximately 1,60,000 SqFt in Sector 36A, Gurugram, entailing an investment of INR 350 Crore. This exclusive club is designed to provide an unparalleled lifestyle experience, featuring a range of world-class amenities. This exclusive amenity is available to apartment owners for just INR 2.5 Crore.

The project also features facilities such as an indoor futsal court, pedal court, table tennis, badminton, basketball, cricket nets, and squash courts, all within a climate-controlled environment. The club will also house multiple dining options including a multi-cuisine restaurant, specialty restaurants, a bar, a cigar lounge, a wine bar, and a sports bar. 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 an 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.


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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.

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