Japanese Benemoth Sumitomo, Partnership with Indian Krishna Foray for New Development

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Japanese Benemoth Sumitomo, Partnership with Indian Krishna Foray for New Development

International presence in Indian real estate has shown optimistic ambience where it has increased the gateway to real estate market. Recently, Trump organization launched its new residential project in Delhi NCR’s Gurgaon “Trump Tower Gurgaon” and this project has gleaned a lot of attention and interest among the investors and home buyers because this is the first ever project by Trump in Gurgaon and having a home here is definitely the biggest achievement.

And now a Tokyo based Japanese conglomerate Sumitomo Corporation recently announced its joint venture worth USD 2 billion with Indian partner Krishna Group and together they formed “Upcoming City Gurgaon ” for 70 acres township that becomes the best township offering complete Japan experience and at first they are launching its residential project “Upcoming City Gurgaon”.

Upcoming City Gurgaon project is going to be a part of sector 36, Gurgaon that holds high level connectivity through CPR (Central Peripheral Road Gurgaon), ISBT & upcoming Metro and that means residents will enjoy complete comfort while travelling.

Sumitomo Corp has conceptualized 300 real estate projects across Japan, China, Singapore, Indonesia, Vietnam and more and in each project, they have conceptualized new and innovative things to bring newness every time and offer only those project which has meaning and value in order to bring a good change.

“We have also developed an industrial Park in Chennai under a joint venture with Mahindra World City Developers Limited,” added by the Sumitomo Corp.

In Tokyo they have been serving from the past 50 years and their presence in India will add another Japan feel for those who are really looking for class, innovation, standard and perfection in their home address.

“We even welcome the implementation of RERA & GST as this has created a great transparency in the Indian Real Estate Sector where investors and home buyers can invest their capital and take the surplus benefit,” said by the builder.

Also, we make sure that we complete our project on time and as far as the material, planning and execution are concerned, we will try to give everything in our single project, so that first time home buyer gets immense benefit out of this New Project in Gurgaon that holds wide Japan experience.