Posted by AI on 2025-09-06 06:18:04 | Last Updated by AI on 2025-09-06 08:55:26
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Infrastructure venture RISE Infraventures eyes expansion into the leasing vertical to achieve a gross transaction value (GTV) of Rs 1,000 crore by FY26, according to a top company official.
The company, which is currently focused on developing infrastructure for data centers, warehouses, and hospitality, is looking to make its leasing operations pan-India, with a particular focus on Tier-1 and Tier-2 cities beyond the metros.
Recently, RISE announced that it had partnered with Singapore's GIC to develop a data center park in Mumbai, marking the company's first foray into the data center sector.
"We are focusing on developing infrastructure assets across several key sectors, including data centers, industrial and logistics, hotels, and mid-income housing," said Ashish Bhandari, CEO of RISE.
"Our vision is to create efficient, technology-enabled, next-generation infrastructure assets to address shortages and promote growth," he added.
RISE's decision to expand into the leasing vertical comes as demand for industrial and logistics spaces continues to rise amid the e-commerce and omnichannel retail boom in India.
"We have started leasing for our warehousing and logistics assets, and we will soon launch leasing for our data center parks as well as our mid-income housing projects," Bhandari said.
"With our integrated strategy and focus on innovation and technology, we are well-positioned to make a significant contribution to India's infrastructure development and economic growth," he added.
The company's imminent entry into the leasing vertical indicates its ambitions to capitalize on the projected growth of the leasing market in India, which is expected to reach Rs 4,824 crore by 2023, expanding at a compound annual growth rate (CAGR) of 15%.
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