Krisumi Corporation Private Limited is a joint venture between Japanese conglomerate Sumitomo Corporation and Indian auto components major Krishna Group. The 50:50 venture has been formed to develop residential and commercial real-estate projects across India. The first project under its name, Krisumi City, will be launched in Gurugram with investments of over $2 billion. The venture between these top 2 real estate builders has already undertaken its first project in which it will build 5,000 flats, shopping mall, and office space on a 70-acre land in Sector 36-A, Gurgugram abutting the Delhi-Mumbai industrial corridor's Global City.
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