Rajgreen group

Name

Rajgreen group

Legal name

RajGreen Infrastructure

Website

https://rajgreen.co.in

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain

Revenue model

1. Residential Real Estate Sales: Sale of residential apartments and homes including affordable, mid-segment, and luxury housing units. Revenue generated from one-time property sales with configurations including 1BHK, 2BHK, 3BHK, 4BHK apartments and penthouses.
2. Commercial Real Estate Sales: Sale and leasing of commercial spaces including office units, retail shops, and showrooms in commercial complexes like Atlantis Square and Highfield Ascot.
3. Entertainment & Hospitality: Revenue from amusement parks, water parks, retail outlets, and family entertainment clubs including Amaaazia Theme Park, Amaaazia Water Park, Amaaazia Retail, and La Casa Lucido family club.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Rajgreen Group is a joint venture between Rajhans Group and Green Group that develops residential apartments, commercial office-cum-retail complexes, and entertainment/hospitality venues in Surat, Gujarat. The company constructs and sells budget, mid-segment, and luxury housing projects (The Bluebell, Punyabhoomi, Rajgreen Hills, Rajgreen Heights) alongside commercial properties (Atlantis Square, Highfield Ascot). It also operates the Amaazia theme park and water park (in partnership with Sanderson Australia and branded with Cartoon Network) and the La Casa Lucido family entertainment club.

Product overview

Rajgreen Group operates as a real estate development conglomerate offering residential and commercial properties, entertainment venues, and hospitality services in Surat, Gujarat. Their product portfolio includes: residential projects (The Bluebell budget homes, Punyabhoomi luxury apartments, Rajgreen Hills riverside luxury, Rajgreen Heights mixed-use), commercial developments (Atlantis Square offices, Highfield Ascot retail complexes), and entertainment/hospitality ventures (Amaazia theme parks in partnership with Sanderson and Cartoon Network branding, La Casa Lucido family entertainment club). The company has grown from pure real estate into a multi-business conglomerate spanning construction, entertainment, and hospitality sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Amaazia: Amusement park, water park, and retail complex brand. Amaazia is a joint venture with Sanderson, Australia, featuring Cartoon Network branding for the theme park.
• La Casa Lucido

Products and services

• The Bluebell

Quantifiable outcome

• Delivered 9,000+ homes across 20+ projects since 2002
• +2 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• Sanderson (Australia)coreStrategic or Co-development PartnerSanderson, an Australia-based multinational venture involved in design and construction of world-famous theme parks (Universal Studio, Fox Studio, Sea World, Wet & Wild, Warner Brothers), partnered with RajGreen Infrastructure for the Amaazia theme park project in Surat. The partnership brought international theme park expertise to Gujarat.
• Cartoon NetworkflagshipGTM or Marketing PartnerCartoon Network has brand association with Amaazia Theme Park, providing entertainment branding for the amusement park attraction in Surat.
• Rajhans GroupflagshipStrategic or Co-development PartnerRajhans Group is one of the two pioneering companies that formed the joint venture (Rajgreen Group) to undertake construction endeavors in Surat. Rajhans has established market leadership and benchmark quality in construction.
• Green GroupflagshipStrategic or Co-development PartnerGreen Group, led by Mr. Alpesh Kotadia as Chairman, is the other pioneering partner in the Rajgreen joint venture. The group has been committed to construction for more than two decades and is known for social responsibility initiatives.
• Gokulbhai Kalyanbhai Kotadia TrustminorOthersCSR trust dedicated to providing medical aid and educational facilities to people in rural areas. The trust runs schools in Umarpada, Dang, and Tataniya, Amreli and provides scholarships and computers to schools.
• Surat Municipal CorporationcoreStrategic or Co-development PartnerJoint venture partner with RajGreen Infrastructure for the Amaazia Amusement Park project, as acknowledged during the foundation stone ceremony attended by Chief Minister Narendra Modi.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Adani Realty: Large pan-India real estate developer with significant Gujarat presence, offering residential and commercial projects at scale; comparable as a much larger incumbent competing for the same Surat/Gujarat demand pool.
• Macrotech Developers (Lodha Group): India's largest listed residential real estate developer with national footprint across affordable and luxury housing; represents the broader incumbent benchmark Rajgreen would face as competition expands into Surat.
• Prestige Group: Large South India-based listed developer expanding into mixed-use townships and integrated developments; comparable to Rajgreen's integrated township-plus-entertainment model at a national scale.
• Godrej Properties: Pan-India listed developer with strong brand in residential real estate, increasingly expanding into Tier-2 markets including Gujarat; comparable as a national-scale competitor entering Rajgreen's territory.

Emerging players

• Wonderla Holidays: India's listed pure-play amusement park operator with theme parks, water parks, and resorts; directly comparable to Rajgreen's Amaazia theme park, water park, and La Casa Lucido family entertainment business.
• Imagica / Adlabs Entertainment: Indian theme park and family entertainment operator (Imagica), comparable to Rajgreen's Amaazia amusement park vertical in terms of category, customer demographic, and operational model.

Direct peers

• Sun Builders (Surat): Surat-based regional real estate developer competing in the same Surat residential market across affordable and mid-segment housing, directly overlapping Rajgreen's customer base.
• Ganesh Housing Corporation Limited: Ahmedabad-headquartered listed Indian real estate developer focused on residential and commercial projects across Gujarat, directly comparable to Rajgreen's Surat-focused residential and township model.
• Ashiana Housing: Listed Indian developer focused on affordable and mid-segment housing with integrated townships across Tier-2/Tier-3 cities, directly comparable to Rajgreen's affordable housing and integrated township positioning.

Regional players

• Pacific Group (Gujarat): Gujarat-focused real estate developer active in residential and commercial segments, comparable to Rajgreen's Gujarat-centric operating geography and multi-segment positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Rajgreengroup
• Facebookfacebook.com/rajgreengroup
• LinkedInlinkedin.com/company/rajgreen-infrastructure

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rajgreen group