Riseonic

What Riseonic does

Riseonic is a real estate development company headquartered in Ahmedabad, India, operating as a unit of The AGP Group, a diversified conglomerate with a legacy in the service sector. The company develops and sells residential apartments and commercial showrooms across three projects within Ahmedabad: The Riseonic at Vandematram (Gota) offering 3 BHK exclusive apartments with commercial showrooms across multiple floor configurations; Riseonic Namoh at Sabarmati offering 2 and 3 BHK resort-style apartments with retail shops, 46+ amenities, and an on-site Jain Derasar designed for the Jain community; and Riseonic Iris at Godrej Garden City Road, listed as coming soon, combining 3 BHK apartments with retail showrooms. The portfolio spans residential and commercial inventory across multiple city micro-markets.

The underlying technology is standard real estate construction and architectural design with no disclosed proprietary technology stack. Business operations are supported by a company website (project pages, floor plans, galleries, testimonials, enquiry forms), a newsroom publishing educational content on land regulation topics, and dedicated phone-based sales channels including a separate NRI contact line. Revenue is generated through one-time sales of residential and commercial units at quote-based pricing determined per unit, floor, and project. The company sells direct-to-consumer via its website, on-site project sales offices, and phone-based inside sales — there are no intermediaries or third-party distribution channels.

The customer base consists of individual home buyers (families, working professionals, property investors), the Jain community (specifically targeted by Riseonic Namoh), and commercial property buyers purchasing retail showrooms within the mixed-use developments. The company is privately held with no disclosed institutional investors, public listing, or subsidiary companies. Ownership sits within the AGP Group conglomerate structure. Headcount is approximately 25 employees, consistent with a small, project-stage developer operating actively in the Gujarat market.

Name

Riseonic

Legal name

The Riseonic

Website

https://theriseonic.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Riseonic is a privately held Ahmedabad-based real estate developer and unit of The AGP Group, selling residential apartments (2 and 3 BHK) and commercial showrooms across three projects in Ahmedabad, including a Jain-community-focused development at Sabarmati.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

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

Keywords

• Residential real estate development
• Commercial property sales
• Apartment construction services
• Real estate developer Ahmedabad
• Property development projects

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Marketing or Sales, Operations

Revenue model

1. Residential Property Sales: Sale of residential apartments (2 BHK and 3 BHK units) to individual buyers. Properties include amenities like balconies, multiple bedrooms, and resort-like living spaces. Revenue is generated through one-time property sales.
2. Commercial Property Sales: Sale of commercial showrooms and retail spaces. Projects like The Riseonic and Riseonic Iris include retail showrooms as part of the development, generating revenue from commercial real estate transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Riseonic is a real estate developer that builds and sells residential apartments (2 BHK and 3 BHK units) and commercial showroom spaces across multiple projects in Ahmedabad, India. The company develops integrated residential-and-retail communities with amenities such as landscaped spaces, children play areas, and community facilities, and sells units directly to individual home buyers and commercial investors via on-site sales offices, its website, and dedicated phone lines.

Product overview

Riseonic is a real estate development company and unit of The AGP Group based in Ahmedabad, India, offering residential and commercial property development services. The company operates three distinct projects: Riseonic Iris (3BHK residences and commercial showrooms at Godrej Garden City Road), The Riseonic (3BHK exclusive apartments and showrooms at Vandematram, Gota), and Riseonic Namoh (2 & 3 BHK resort-like living with retail shops at Sabarmati, designed specifically for the Jain community). The portfolio spans both residential apartments and commercial showroom/retail spaces across multiple locations in Ahmedabad.

Differentiator

Problem solved

Functional benefit

Products and services

• Riseonic Iris A residential and commercial real estate project offering 3 BHK luxurious apartments and retail showrooms located at Godrej Garden City Road, Ahmedabad, designed to foster a vibrant integrated community.
• The Riseonic A residential and commercial real estate project offering 3 BHK exclusive apartments and showrooms located at Vandematram, Gota, Ahmedabad, with around 250 square yard spacious units and multiple floor plan options ranging from ground floor to 5th floor.
• Riseonic Namoh A residential and commercial real estate project at Sabarmati, Ahmedabad, offering 2 and 3 BHK resort-style apartments with retail shops, designed specifically for the Jain community with a Jain Derasar on the premises, 46+ amenities, and multiple floor plan configurations across six blocks.

Quantifiable outcome

• 46+ amenities offered at Riseonic Namoh project
• +3 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• The AGP GroupcoreStrategic or Co-development PartnerRiseonic is a unit/subsidiary of The AGP Group, operating within the infrastructure industry as part of the group's diversification. The AGP Group maintains a legacy of innovation in the Service Sector and continues to expand into construction and real estate development. Riseonic benefits from the parent company's established reputation and operational framework.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Tata Housing: Real estate arm of the Tata Group — a diversified conglomerate, structurally analogous to Riseonic's position within the AGP Group. Comparable in corporate-parent-backed developer model and brand-trust-based buyer positioning.
• Mahindra Lifespace Developers: Real estate arm of the Mahindra Group, another diversified Indian conglomerate. Comparable in conglomerate-backed structure and in developing residential communities with themed amenities, though at significantly larger scale and pan-India footprint.
• Lodha Group (Macrotech Developers): One of India's largest residential developers with a broad project portfolio. Comparable business model (new-build for-sale apartments with integrated amenities) but at far greater scale, geographic spread, and brand recognition than Riseonic.
• Prestige Group: Large pan-India residential and commercial developer with mixed-use townships. Comparable on residential-with-retail integrated product strategy and amenity-led positioning, though operating at much greater scale and geographic breadth.
• Sobha Limited: Large Indian residential developer known for backward integration into construction and a quality-led brand narrative. Comparable in quality-and-craftsmanship messaging and self-delivered construction model, but at significantly larger scale.
• Oberoi Realty: Premium Indian residential developer focused on luxury and mid-luxury apartments. Comparable in premium positioning, design-led differentiation, and amenity-rich product strategy, though at much larger scale and primarily Mumbai-focused.

Direct peers

• Godrej Properties: Pan-India residential developer with a major Ahmedabad presence anchored by the Godrej Garden City project — directly relevant because Riseonic Iris is located on Godrej Garden City Road. Both sell new-build apartments to retail buyers in overlapping micro-markets.
• Adani Realty: Real estate arm of the Adani Group, a diversified Indian conglomerate. Comparable in structure (conglomerate-backed developer), Ahmedabad market presence, and mixed residential/commercial product mix — making it a directly comparable business model.

Regional players

• Shivalik Group: Ahmedabad-headquartered residential developer with a similar mid-premium apartment portfolio. Directly comparable by city, customer segment (Gujarati retail buyers), and project scale, though Shivalik typically operates more projects simultaneously.
• Isha Group: Ahmedabad-based real estate developer focused on residential apartments in the city. Comparable on geographic focus, mid-premium positioning, and similar unit configurations targeting local families and NRI buyers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/riseonic

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Riseonic