Krisumi Corporation, the initially Indo-Japanese joint venture in Indian genuine estate, has partnered with Savills India to market place its maiden project, Krisumi Waterfall Residences, in essential international markets such as the UK, Europe, Southeast Asia and the Middle East. The partnership with Savills India is an addition to the company’s current pool of partners in its endeavour to bolster its presence across the globe.
Krisumi Corporation is a joint venture in between India’s Krishna Group – an automotive giant, and Japanese conglomerate Sumitomo Corporation. Krisumi Waterfall Residences exemplifies the confluence of Japanese art and architecture with Indian aesthetics. Strategically positioned in Sector 36A on the confluence of 3 of the widest roads of Gurugram – National Highway-48, Central Peripheral Road and Northern Peripheral Road, Waterfall Residences will give superior connectivity. The project is element of a self-sustained, integrated township Krisumi City that will also feature a higher-finish retail mall, education institutions, a premium hotel and premium workplace spaces.
The initially phase, Krisumi Waterfall Residences, comprises 433 units (2, 3 Living Dining Kitchen and penthouses), such as a 36,000 sq ft (3344.5 sqm) clubhouse. Three towers – A, B and C have been launched although the initially two towers have been launched earlier, the third tower was launched in the course of the pandemic. Towers A and B comprise 239 units Tower C consists of 194 units spread across 34 floors. The leading couple of floors would be reserved for restricted edition totally-furnished apartments targeted particularly towards the expatriate neighborhood. The building of all 3 towers is going on in complete swing, as per a corporation press release.
“We are excited to partner with Savills India in our journey to reimagine the Indian realty landscape through professionalism and a superior customer experience. Krisumi Corporation amalgamates Japanese aesthetics and design with Indian tastes and sensibilities to offer a truly superior experience to the discerning Indian homebuyers. With a premium residential offering in a ticket size more palatable to everyone, we are reimagining the paradigm of luxury that has been traditionally associated with ticket size or pricing attributes,” stated Ashok Kapur, Chairman, Krisumi Corporation & Krishna Group.
“This association with Krisumi Corporation will allow Savills to showcase and position Indian real estate and its unparalleled offering in the international markets attracting potential foreign investors. Combined with sturdy economic growth outlook, this could also open gates for other prospective multinational corporations to look at India as a suitable partner in terms of their business expansion in the real estate space and more,” stated Shveta Jain, Head and Managing Director, Residential Services, Savills India.
Commenting upon the partnership, Takahiro Yamazaki, Co-CEO & Director, Krisumi Corporation, stated, “This strategic partnership will aid us in strengthening our position as a premium realty player. Amalgamating Japanese craftsmanship and Indian sensibilities, we are poised to reimagine the real estate segment through credibility, bespoke offerings and superior experience.”
This tie-up comes at the back of escalating demand from NRIs in search of diversification and investments into India. The demand and provide dynamics have changed, and the obtain choices are pivoting towards new-age developments providing a guarantee of high-quality, higher customisation, and ease of living. Savills India, with its worldwide footprint, is properly poised to assist Krisumi position its project in essential markets such as the UK, Europe, Southeast Asia and the Middle East.
Vineet Nanda, Director, Sales & Marketing, Krisumi Corporation, stated: “Homebuyers these days prefer residences that can accommodate space for remote working, with more outdoor open spaces and gated communities having state-of-the-art amenities. Anticipating this trend at the beginning of 2021, we launched a new asset class 2LDK (Living, Dining & Kitchen) + personal workspace in our flagship project, Krisumi Waterfall Residences. These residences are perfectly suited for the work from home (WFH) lifestyle for Indians working with global firms and the expat communities.”