Business

Rise Infraventures Ltd crosses Rs 2200 crores in gross sales in FY 2022-23

New Delhi May 1, dmanewsdesk: Rise Infraventures has exceeded Rs 2200 crores in gross sales in the financial year 2022 -23. This translates to a 55 per cent hike as compared to the financial year 2021-22 which clocked net sales of Rs 1428 crores.

Sachin Gawri and Shantanu Gambhir- both in their early thirties- co-founded Rise Infraventures Ltd, one of the fastest growing Indian real estate consulting firms in an attempt to set up a new benchmark in the international realty industry.

Set up just over two years ago, Rise Infraventures already have around 250 personnel
in Gurugram, Delhi and Mumbai. This does not include Rise International headquartered in Singapore-a culmination of the tireless efforts to spread its wings to foreign shores.
As a brand, Rise Infraventures attempts to deliver professional and hassle-free services backed by ethical practices. It facilitates the buying experience of owning dream homes in Delhi-NCR and Mumbai apart from offering commercial project options as well.

With the aim to help customers with making the most appropriate investment decisions
in the Indian property market, Rise Infraventures has emerged as the country’s leading
technology-enabled online-to-offline (O2O) real estate transaction and aggregator platform for the Indian real-estate customer.The potential customers can expect end-to-end property investment options and solutions.

Rise Infraventures has sold over 50 million square feet since its inception in January 2021. The gross sales in the financial year 2022-23 is estimated to be in excess of Rs 2200 crores and this is expected to double next year.
According to recent real estate surveys carried out by R&R, an independent research outfit, residential units continue to be the preferred choice with over half of those surveyed choosing it over commercial options.

Commenting on the changing trends and buying patterns post the pandemic, Mr Sachin Gawri, Founder & CEO of Rise Infraventures stated, “ around 40 per cent of the new buyers are looking for a 3-BHK as compared to 2-BHK before the pandemic.”
He further added, “women are increasingly voicing their preferences when it comes to buying a home.”
“Post-pandemic buyers are also looking at bigger spaces with a room for office,” further pointed out Sachin Gawri.

On the other hand, co-founder, Shantanu Gambhir who is also responsible for overseas expansion of Rise International has a lot on his plate. “By doubling our turnover every year, we are aggressively moving towards listing in the New York Stock Exchange in the not too distant future,” concluded Shantanu Gambhir.

 Apart from rising in the real estate sector, Rise Infraventures is also extending its complete support in housing more than 50 young girls from underprivileged communities under their CSR project called Samidha Welfare Foundation. Mr. Sachin Gawri always had this desire to help young girls who are deprived of their basic right to education & other important necessities of life.

It is with this intent that he opened an NGO for the less privileged girls of society where they are blessed with quality education from recognised scools/institutions & are strongly encouraged to enroll for extra curricular activities like sports, yoga, dance, etc. Adds Karishma Sethi ” Our mission is to create strong independent women that can excel in their lives without being dependent on anyone. We believe in raising our kids with a lot of love & help them reach their highest potential”.

Source: Press Release Rise Infraventures Ltd