From The Economic Times · Faizan Haidar · · 50s
Krisumi and Temari Group Launch Senior Living Project
Krisumi Corporation partners with Japan's Temari Group to build senior living community in Gurugram.
In brief
Krisumi Corporation partners with Japan's Temari Group to build senior living community in Gurugram. Krisumi Corporation will invest Rs 1,300 crore to develop a senior living project in Gurugram with Japan's Temari Group. Originally reported by The Economic Times.
Krisumi Corporation
Krisumi Corporation is a joint venture between Japan's Sumitomo Corporation and India's Krishna Group.
Senior Living Project
Krisumi Corporation partners with Japan-based Temari Group for first senior living project in Gurugram.
Project Details
The joint venture is developing a 33.38-acre integrated project in Sector 36A, Gurugram.
Investment
Krisumi Corporation will invest Rs 1,300 crore in developing The Forest Reserve in Gurugram.
Market Projection
India's senior living market is projected to reach $11.43 billion by 2031 according to Square Yards.
Next Phase
The joint venture is finalising land for senior living project in Gurugram.
At a glance
Krisumi Corporation will invest Rs 1,300 crore to develop a senior living project in Gurugram with Japan's Temari Group.
