Rise Infra plans to open new offices

Gurugram-based real estate consultancy firm Rise Infraventures Limited on June 23 announced its plans to open new offices and achieve a cumulative sale of Rs 2000 crore by end of FY21-22.

According to a press release, the company plans to open an office in Delhi in the second quarter, followed by one 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, added the release.

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.”