New Delhi: Krisumi Corporation has unveiled “The Forest Reserve,” the next phase of its residential development on Dwarka Expressway, with a developable area of approximately 1.67 million sq. ft. and an estimated revenue potential of around ₹4,000 crore.
The announcement coincides with the completion of a decade-long partnership between Sumitomo Corporation and Krishna Group. Addressing the media, Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation, outlined his vision of developing a “mini-Japanese city” in India.
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Speaking about the collaboration, Kapur said, “I have maintained a close personal acquaintance with Japan for years and am deeply influenced by Japanese philosophy and design sensibilities.”
He added, “We partnered with Sumitomo nearly a decade ago with a shared vision of creating a credible, meticulous mini-Japanese city. Today, Krisumi stands synonymous with superior quality, world-class design, and disciplined execution, backed by Japanese architecture, project management, and the trusted legacy of the Sumitomo and Krishna Groups. This authenticity is reflected in our community, where approximately 25% of the resident families are Japanese, creating a truly global living environment.”
Referring to the project’s evolution, Kapur said, “We are the pioneers of the Dwarka Expressway. Launching our first project at ₹8,500 per sq. ft. despite the connectivity delays at Dwarka Expressway at that time, today Krisumi City commands around ₹24,000 per sq. ft., reflecting strong value creation and market leadership. With proximity to the upcoming Global City and improving connectivity between Gurugram and Delhi, prices are expected to rise further. Krisumi City is evolving into a distinctive mini-Japanese township and a landmark development in the region.”
Krisumi has launched four phases of its flagship Krisumi City project, including the delivery of Waterfall Residences ahead of schedule. The company stated that Waterfall Suites and Waterfall Suites-II have been sold out.
Yuji Kato, Co-CEO & Director, Krisumi Corporation, said, “Over the past decade, Krisumi has become a symbol of Indo-Japanese collaboration, driven by a shared vision of excellence. Our approach rests on three pillars: world-class design, meticulous construction management, and a curated lifestyle. Together, these reflect a commitment to precision and quality as we set new benchmarks in modern urban living.”
Kunal Rishi, Chief Operating Officer, Krisumi Corporation, said, “Krisumi City on Dwarka Expressway stands at the centre of a rapidly evolving connectivity ecosystem, seamlessly linked to key business districts and critical infrastructure corridors. This strategic positioning significantly enhances its appeal, firmly establishing it as one of the most aspirational and well-connected addresses in the region.”
The upcoming phase, The Forest Reserve, is inspired by the Japanese concept of Chinju-no-mori, or sacred shrine forests. It will feature 4 LDK residences of approximately 4,000 sq. ft. and 3 LDK units of around 3,000 sq. ft.
Ananta Singh Raghuvanshi, President, Sales & Marketing, Krisumi Corporation, said, “Strategically located at the epicentre of Gurugram’s growth corridor, Krisumi City reflects the vision of a Viksit Bharat. The project offers seamless connectivity to the Dwarka Expressway, Southern Peripheral Road, Manesar Urban Corridor, and NH-8—reinforcing Krisumi City’s biggest strength: location, location and location.”
He added, “It exemplifies both capital creation and capital appreciation—the development itself represents capital creation, while nearly threefold growth over the last five to six years reflects strong appreciation, with significant potential for future growth.”
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According to the company, the delivered phase is currently being leased at approximately ₹100 per sq. ft., indicating rental demand.
