Name

RECIPROCAL INFRASTRUCTURES PRIVATE LIMITED

Legal name

Reciprocal Infrastructures PVT LTD.

Website

https://reciprocalgroup.in

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (2372), Residential Building Construction (23611), Heavy and Civil Engineering Construction (237)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Real estate development
• Residential construction
• Commercial construction
• Infrastructure projects
• Property development

Headquarters

HQ city

Lucknow

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

1. Real Estate Development Sales: Revenue from sale of residential plots, villas, apartments, commercial complexes, and township developments under the Spring Developers brand. Income from property sales including Spring Garden, Spring Green, Spring Grand, Spring Grace, and Reciprocal Green projects.
2. Industrial and Commercial Construction: Construction services for warehouses, multiplexes, industrial parks, and telecom infrastructure. Includes end-to-end concrete solutions, batching plant operations, and specialized flooring installations.
3. Fly-ash Brick Manufacturing: Manufacturing and sale of fly-ash bricks produced at their Lucknow facility using state-of-the-art technology.
4. Warehousing Services: Warehousing management system serving domestic businesses including storage, logistics, and distribution services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Reciprocal Infrastructures Private Limited (RIPL) develops residential plotted townships, group housing projects, industrial parks, and commercial infrastructure in Lucknow, Uttar Pradesh. Through its construction wing Spring Developers and in-house capabilities including concrete batching plants, fly-ash brick manufacturing, and designer concrete flooring, the company delivers end-to-end real estate development and turnkey construction services.

Product overview

Reciprocal Infrastructures Private Limited (RIPL) operates as a diversified real estate and construction company offering both residential and commercial development. The product portfolio includes residential township projects under the Spring Developers sub-brand (established 2011) featuring plot-based developments (Spring Garden, Spring Garden-II, Spring Grand, Spring Grace, Spring Green Phases 1&2, Reciprocal Green) and group housing complexes. Commercial offerings include logistics/industrial facilities (Reciprocal Industrial Park, Amazon Sorting Centre, Bosch Warehouse, Reliance Trends Warehouse), multiplexes (Umrao Multiplex), and telecom infrastructure (Indus Tower). The company also provides construction services including concrete end-to-end solutions, fly-ash brick manufacturing, industrial flooring solutions, and monument works (marble, tiles, granite). With an annual turnover of Rs 100 crores, RIPL positions itself as a one-stop solution for real estate and construction industry needs.

Differentiator

Problem solved

Functional benefit

Brands

• Spring Developers: Residential apartments & Commercial Complexes construction wing established in 2011
• Reciprocal Green
• Spring Grace
• Spring Grand
• Spring Garden-II
• Spring Garden
• Spring Green

Products and services

• Reciprocal Green Residential plotted township development in Lucknow offering individual residential plots to home buyers, with LDA/RERA approvals and bank loan assistance.
• Spring Garden Residential plotted project in Lucknow with possession started in 2019, offering residential plots for home buyers.
• Spring Garden-II Residential plotted project in Lucknow currently available for sale to individual home buyers.
• Spring Grace Residential plotted project in Lucknow currently available for sale to individual home buyers.
• Spring Grand Residential plotted project in Lucknow currently available for sale to individual home buyers.
• Spring Green Phase 1 Phase 1 of Spring Green residential plotted township project delivered in 2016.
• Spring Green Phase 2 Phase 2 of Spring Green residential plotted township project delivered in 2017.
• Reciprocal Industrial Park Industrial park development in Lucknow offering industrial plots and facilities to businesses.
• Concrete End-to-End Solutions Concrete supply service producing M40 grade concrete through in-house batching plants, offered to construction projects and external clients.
• Fly-ash Brick Manufacturing In-house manufacturing of fly-ash bricks as a sustainable construction material for use in company projects and supply to external construction clients.
• Industrial Flooring Solutions Designer concrete flooring service for industrial and commercial facilities, delivered through in-house systems.
• Monument Works Construction and execution of monuments and memorial works for institutional and government clients.
• Warehousing Construction Services Turnkey construction of warehouses, sorting centres, and industrial facilities for enterprise clients including Amazon, Bosch, Reliance Trends, Indus Towers, and Indian Tobacco Company.
• Multiplex Construction Construction services for commercial multiplex and entertainment facilities, with Umrao Multiplex as an executed client project.

Quantifiable outcome

• 100% uptime of equipment maintained with efficient backup systems ensuring uninterrupted project execution
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Indian Tobacco Company Ltd.minorOthersRIPL provides warehousing management system services for Indian Tobacco Company Ltd., one of India's largest FMCG companies. The partnership demonstrates RIPL's capability to serve major corporate clients in warehousing and logistics.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Parsvnath Developers: North India residential and commercial real estate developer (the Parsvnath locality on Faizabad Road is even referenced in RIPL's own Spring Garden II project description), making it a directly comparable peer in product mix and UP/NCR market focus.
• Ansal API: Delhi-NCR and North India residential developer with integrated townships and plotted developments, overlapping with RIPL's LDA-approved gated colony model and RERA-registered residential launches.
• Eldeco Group: Lucknow-headquartered residential real estate developer with a comparable focus on plotted townships and group housing across UP tier-2 cities, directly overlapping with RIPL's Spring Developers project profile and target buyer segments.
• Supertech Limited: Delhi-NCR and UP-focused residential and commercial real estate developer delivering plotted colonies, apartments and commercial complexes — comparable product categories and target geographies to RIPL.
• Omaxe Limited: Listed Indian real estate developer with a strong North India and tier-2 city presence in plotted colonies, group housing and commercial complexes; similar business model and buyer segment to RIPL's Spring Developers portfolio.

Broad incumbents

• Tata Projects: Large Indian EPC and infrastructure company with industrial park, warehousing and telecom infrastructure capabilities — comparable to RIPL's Amazon/Bosch/Indus Towers and Industrial Park delivery work, but at far greater scale.
• DLF Limited: India's largest listed real estate developer with pan-India residential, commercial and plotted developments; competes indirectly with RIPL through national capital, brand reach, and entry into tier-2 markets like Lucknow.
• Godrej Properties: Pan-India listed residential developer with a growing tier-2 and township portfolio; broader geographic and capital reach than RIPL but directly comparable on plotted township and RERA-registered housing products.
• Sobha Limited: Large listed Indian real estate developer with a vertically integrated construction model (in-house concrete, manufacturing) closely paralleling RIPL's batching plant, fly-ash brick and flooring integration strategy.

Regional players

• Ahluwalia Contracts (India) Limited: Delhi-NCR focused construction and real estate firm with mixed residential, commercial and institutional project work; comparable as a regional construction contractor with similar project types though not directly competing in Lucknow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• Instagraminstagram.com/springgarden2_
• LinkedInlinkedin.com/company/reciprocal-infrastructures-private-limited

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 RECIPROCAL INFRASTRUCTURES PRIVATE LIMITED