Page 28 - Construction_Opportunities_June_2024

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CONSTRUCTION KONE INDIA ANNOUNCES GRAND OPENING OF ITS NEW

OFFICE IN KALYAN, MAHARASHTRA
KONE Elevator India, a fully owned subsidiary of KONE Corporation,
is expanding its footprint and establishing a new office in Kalyan,
Maharashtra, marking a significant milestone in the company’s
growth and expansion strategy. The new office’s location has been
chosen strategically with customer-centricity as the top priority.
Located in 402/403, Seasons Business Centre, Shivaji Chowk,
Kalyan, the new office emphasizes KONE’s commitment to
improve the flow of urban life and covers all aspects of business
such as, sales, installation, service, AMC and Modernisation, to
support increasing customer demand and expectations in the
state of Maharashtra thereby delivering exceptional value for the
customers. This expansion will enable KONE to better serve its
valued customers and partners in Maharashtra, further solidifying
its position as a pioneer in the elevator and escalator industry. trust on us. It is their continued support and belief in KONE Culture
Speaking at the inaugural ceremony, Amit Gossain, Managing and Values, that drive us to consistently evolve, innovate and
Director, KONE Elevators India, said “Maharashtra is an important adapt to the ever-changing customer needs.”
market for us, and we are excited to expand our presence here. KONE has a good presence in West part of India with offices in
We already have multiple offices in Maharashtra.This expansion Mumbai, Navi Mumbai, Pune, Nasik, Nagpur, Amravati, Kolhapur,
reflects our commitment to our customers Ahmedabad, Surat, Vadodara, Raipur, Indore and Bhopal.
and stakeholders in the Kalyan area. By Expanding brand presence is a crucial aspect of business growth
establishing an office here, we will come and success. By investing in an expanded office, the company
even closer to customers and will continue aims to improve productivity, boost employee morale, heighten
to offer superior service and support while brand image and enhance customer experience and growth.
reinforcing our commitment to excellence The firm takes pride in being the front-runner in sustainability,
and innovation. We are committed to innovation and technology in the elevator and escalator industry.
providing innovative and sustainable Innovation is at the heart of KONE’s business, and the company
solutions that meet the evolving needs of our customers. In the has been constantly investing in research and development
coming years, the country will need even bigger focus on urban to bring cutting-edge solutions to the market. KONE strives to
development and our workforce is well equipped to lead this create products and services that meet the evolving needs of
technological advancement and infrastructure development. their customers and end-users, while also delivering exceptional
I take this opportunity to thank our customers for their immense performance and reliability.

KRISUMI ANNOUNCES `2,000 CRORE INVESTMENT FOR aims to achieve a total revenue of `4,000 crore from this project.
1,051 NEW LUXURY HOMES IN GURUGRAM In addition to residential units, Krisumi plans to develop a
Krisumi Corporation, a luxury developer and joint venture between state-of-the-art club spanning 2 acres, with a built-up area of
Krishna Group and Japan’s Sumitomo Corporation, announced approximately 160,000 square feet in Sector 36A. An investment
its plans to invest `2,000 crore in developing 1,051 luxury homes of `350 crore will facilitate amenities such as indoor futsal, paddle,
and penthouses at Krisumi City in Gurugram’s Sector 36A. This table tennis, badminton, basketball, cricket nets, and squash
investment is in addition to the cost of land acquisition. courts, all within a climate-controlled environment. The club will
The development will include two projects spread across 5.88 also include a gymnasium, steam rooms, saunas, spa facilities,
acres, named “Waterside Residences III” and “Waterfall Suites II.” heated indoor plunge pool, outdoor swimming pool, card room,
These projects will feature four towers offering 1-BHK to 4-BHK luxury library, business center, meeting rooms, and co-working spaces.
apartments and penthouses, ranging from 940 square feet to Krisumi City, an integrated township, is poised to redefine luxury
10,316 square feet in size. The total developable or built-up area living in Gurugram. Phase-I of the development, “Waterfall
will span 2.3 million square feet, with an expected completion Residences,” comprising 433 units, is nearing completion, while
date set for December 2029. Phase-II, “Waterfall Suites,” launched in May with 320 units, is slated
Waterfall Suites II will offer apartments priced from `2.17 crore to for delivery by Q4 2028.
`2.67 crore, along with penthouses starting at `25 crore. Waterside Mohit Jain, Managing Director of Krisumi Corporation, expressed
Residences III will feature homes ranging between `4.08 crore and their vision beyond real estate, aiming to
`6.16 crore, with penthouses starting at `13.36 crore. deliver a 5-star lifestyle akin to hospitality
Vineet Nanda, Director of Sales and Marketing at Krisumi, noted the standards at Krisumi City. Yuji Kato, Director
overwhelming interest, with 1,024 expressions of interest received and Co-CEO, affirmed their confidence in
in a single day. “We are currently in the process of selecting the Indian real estate market’s potential,
buyer profiles for allotment,” he said, emphasizing a market trend citing the success of previous phases and
towards larger luxury apartments post-pandemic. The company strong response to the new launch.

28 CONSTRUCTION OPPORTUNITIES|JUNE 2024