industry

Rise Infraventures targets Rs 3,000 crore sale in FY 23-24



Gurugram-based real estate firm Rise Infraventures aims to achieve Rs 3000 crore business with five operational verticals in FY 23-24, a senior executive said.

The company said that the real estate business potential of Delhi-NCR is Rs 100,000 crore and it aims to capture at least 4% market share of Delhi-NCR and 2% in Mumbai in next 2 years.

It has achieved a valuation of over Rs 250 crore.

“This valuation is based on the company’s robust performance in the luxury realty segment and the massive expansion in customer base within an extremely short period since its formation,” said Sachin Gawri, CEO and Founder, Rise Infraventures Limited.

Rise Infraventures Limited works exclusively in the high-end segment, both residential and commercial. The firm boasts more than 15,000 clients in residential and commercial spaces.

“We are strategically focused on widening our customer base and providing best-in-class services to them. This incredible valuation will help Rise Infraventures further consolidate its position in the segment,” said Shantanu Gambhir, MD, Rise infraventures Limited.



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