New Delhi, February 27, 2025: Krisumi Corporation, one of Delhi-NCR’s premier real estate developers, has joined hands with Cushman & Wakefield Property Management Services India Pvt. Ltd., a globally recognized leader in real estate services, to oversee the management of its ultra-luxury residential project, Waterfall Residences, located in Sector 36A, Gurugram.
This collaboration entrusts Cushman & Wakefield with the comprehensive management of Phase 1 of Waterfall Residences, a landmark component of the visionary Krisumi City township. Their role encompasses operations and maintenance of common areas, including the exclusive clubhouse, alongside a robust complaint resolution system—ensuring residents enjoy a seamless and world-class living experience.
Further marking a milestone, Waterfall Residences has received the Occupancy Certificate (OC). Spread across 5.43 acres, this premier residential project is now ready for possession, setting a new benchmark in luxury living along Gurugram’s Central Peripheral Road on the Dwarka Expressway.
A Visionary Township with Japanese Precision
Part of the expansive 33.38-acre Krisumi City, Waterfall Residences embodies Japanese-inspired design and architectural excellence. The project features 433 meticulously crafted luxury apartments across three elegant towers, along with 77 units dedicated to the Economically Weaker Section (EWS). The development is further enriched by its crown jewel—The Clubhouse—a 36,000-square-foot lifestyle hub featuring state-of-the-art amenities designed for unmatched comfort and recreation.
Leadership Insights
Mr. Ashok Kapur, Chairman, Krisumi Corporation & Krishna Group, commented on the collaboration and OC reception, stating:
“Quality, design, architecture, and timely delivery define our approach. With Waterfall Residences, we are setting new standards in Gurugram’s luxury real estate market. Partnering with Cushman & Wakefield reinforces our commitment to providing residents with not just a home but an unparalleled lifestyle experience. Their global expertise will ensure that Waterfall Residences remains a benchmark for luxury living in India.”
Mr. Akash Khurana, President & CEO, Krisumi Corporation, added:
“At Krisumi, our goal is to redefine luxury living with precision and passion. Cushman & Wakefield’s expertise in property management ensures our residents experience unmatched comfort and convenience, perfectly aligning with our commitment to excellence.”
Mr. Yuji Kato, Director & Co-CEO, Krisumi Corporation India, emphasized:
“This collaboration highlights our dedication to quality, precision, and customer satisfaction. Sumitomo’s philosophy of Kaizen (continuous improvement), combined with Cushman & Wakefield’s expertise, ensures that Waterfall Residences sets a new benchmark for luxury living in India.”
Elevating Property Management Standards
With this strategic partnership, Krisumi Corporation ensures that residents of Waterfall Residences benefit from an unparalleled standard of living, seamlessly blending Japanese precision with global property management expertise.
Mr. Manoj Sharan, Managing Director, Cushman & Wakefield Property Management Services India, shared:
“We are honored to manage ‘Krisumi Waterfall Residences,’ a development that epitomizes luxury living. With our expertise in managing high-end residential complexes, we are committed to providing cutting-edge, technology-driven solutions that ensure compliance, safety, and an elevated living experience for residents.”
Expanding the Vision: Future Developments
Krisumi Corporation, a joint venture between Krishna Group and Japan’s Sumitomo Corporation, is developing Krisumi City in multiple phases. With Phase 1 complete, construction of Phase 2 (Waterfall Suites)—comprising 320 luxury units—is progressing swiftly and is set for delivery by December 2028.
Expanding its footprint in the luxury real estate market, Krisumi has also announced Phase 3 and Phase 4 of Krisumi City, set to launch in the second half of 2024. These phases, Waterside Residences and Waterfall Suites-II, will introduce an additional 1,051 units, furthering Krisumi’s vision of a self-sustained township where luxury meets functionality.
Mr. Vineet Nanda, Director Sales & Marketing, Krisumi Corporation, stated:
“This partnership goes beyond property management—it’s about creating a premium lifestyle. Cushman & Wakefield’s expertise will ensure every detail, from maintenance to service delivery, upholds the exceptional standards that Krisumi City represents. Our mission is to exceed customer expectations, and this collaboration is a major step in that direction.”
About Krisumi Corporation
Krisumi Corporation is a joint venture between Sumitomo Corporation (Japan) and Krishna Group (India), blending over 400 years of Japanese craftsmanship with Indian expertise. Committed to delivering world-class developments, Krisumi is reshaping luxury real estate in India through a focus on quality, innovation, and sustainability.
By seamlessly integrating Japanese design aesthetics with the warmth of Indian hospitality, Krisumi creates architectural masterpieces that are both visually stunning and functionally superior. Built on a legacy of excellence and trust, Krisumi continues to set new standards in luxury real estate.
For more information, visit www.krisumi.com.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm specializing in property management, delivering value through innovative, technology-driven solutions. With extensive experience managing luxury properties, Cushman & Wakefield remains dedicated to providing an exceptional standard of service tailored to evolving client needs.
