Krisumi starts development of two Forest Reserve phases in Gurugram

Construction commencement and project scale

Krisumi Corporation marked the start of development with a bhoomi pujan ceremony on October 16, 2026. The Forest Reserve and The Forest Reserve-II are Phases 5 and 6 of Krisumi City, an integrated development in Sector 36A along Dwarka Expressway.

The company said it plans to invest more than ₹1,300 crore over five years and estimates revenue potential above ₹4,000 crore. The revenue figure is the company’s estimate, not realised revenue. The two phases together are planned across approximately 1.67 million sq ft and comprise 542 homes.

Home details and buyer implications

The homes are described as 2, 3 and 4 LDK residences; LDK refers to living, dining and kitchen. Reported sizes are approximately 2,166–3,993 sq ft, with prices starting at approximately ₹4.9 crore, depending on configuration and applicable charges. These figures are for the combined development; phase-level sizes, prices and configuration counts have not been announced in the reported details.

The company said residents would have access to The Cascades Club, a 162,000-sq-ft club within Krisumi City, with dining, lounges, spa experiences, recreational and social spaces, and an indoor sports arena. Japanese architectural firm Nikken Sekkei designed the project.

The launch adds large-format homes to the Dwarka Expressway housing supply. The reported information does not include independent data on buyer demand or price growth specifically in Sector 36A, so the company’s revenue estimate should not be treated as a measure of market performance.

HRERA registrations and next steps

As of October 2026, HRERA records show that Phase 5, registered as Waterside Residences The Forest Reserve, has 298 residential units across two towers on 5.7743 acres. Its registration number is GGM/944/676/2025/47. Phase 6, registered as Waterside Residences The Forest Reserve-II, has 244 units in one G+42 tower on 1.3125 acres. Its registration number is GGM/945/677/2025/48, and its recorded project cost is ₹473.82 crore.

Both registrations are dated May 2, 2025, and both records give June 30, 2031 as the completion date. The company has announced the start of development; the next dated construction milestone has not been announced. Krisumi City is planned as a 33.38-acre integrated development, and earlier phases listed by the company include Waterfall Residences, Waterfall Suites, Waterside Residences and Waterfall Suites II.