Rise Infraventures Limited targets Rs 2000 crore sales by end of FY 21-22

Gurugram: Gurugram-based real estate consultancy firm Rise Infraventures Limited today announced the expansion plan and achieve a cumulative sales of Rs 2000 crore by end of FY21-22. The company plans to open an office in Delhi in the second quarter, followed by Mumbai in the third quarter. Incorporated three months back, the company is already achieving a gross monthly sale of Rs 100 crore by dealing in luxury residential and commercial spaces through its Gurugram office.

Working with an employee strength of 80 and handling 15 projects, the company aims to handle 20 exclusive projects by September 2020. The company plans to open an office in Delhi in the second quarter and expects to achieve a gross sale of Rs 30-50 crore starting from the third quarter; the target is to focus on luxury residential and commercial spaces. Additionally, the Mumbai office will be operational by October 2020, and the company is confident of achieving Rs 150 crore monthly gross sale from Mumbai.

The company offers a broad range of services to occupiers, investors, owners & developers; it helps the customers with their investment decisions in the Indian property market, be it luxurious offices, residential and SCO or shops and outlets. Describing the rationale behind choosing cities for the expansion, Sachin Gawri, founder and CEO, Rise Infraventurers Limited, said, “The markets that we plan to explore are well thought about as these are the economic centres with an immense demand for real estate investments. The best part is that the demand is not restricted as investors and buyers are going in for reputed projects across diverse segments in commercial and residential. ”

Aiming to become a leading integrated one-stop, end-to-end solution provider across micro-infrastructure & realty sectors, Gawri says, “What sets us apart in the industry is the reach towards prospects, in-depth market knowledge, extensive network, unbiased advisory, and a high level of transparency. We want to bring corporate touch to the property sector and plan to enter the construction business.”