About Rai Estates
Rai Estates is a Retail company based in Mysore (India) founded in 1999. Rai Estates develops and sells residential plots in Mysuru and Mangaluru. It operates on a B2C model in Retail and Real Estate & Construction sectors. Its Indian entity Veeyes Rai Estates Private Limited reported revenue of ₹38.68 Cr. Rai Estates offers products and services including Residential Plots, Commercial Land, Apartments, Warehousing, and Farm Houses. Its focus areas include Real Estate, Property Development, Commercial and Land and Warehousing. Its competitors include Lodha Group and Godrej Properties.
Company details
Rai Estates is a leading property developer focused on Mysuru and Mangaluru for over two decades. They offer residential plots, commercial land, apartments, and warehousing with clear titles for maximum appreciation. Based in Mysore, India, they have developed over 5000 plots and served more than 3500 satisfied customers through transparent practices.
- Headquarters Mysore, India
- SectorsRetailReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website raiestates.in
- Social YouTube
- Legal Name Veeyes Rai Estates Private Limited
- Date of Incorporation 07 Feb, 2019
- Jurisdiction Mysore, Karnataka, India
- Annual Revenue₹38.68 Cr
FY 2024 · +117% YoY
- Net Profit₹1.33 Cr
FY 2024 · 3% margin
- EBITDA₹1.83 Cr
FY 2024 · 5% margin
Associated legal entities of Rai Estates
Rai Estates operates through Veeyes Rai Estates Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Veeyes Rai Estates Private Limited CIN U70109KA2019PTC121182 | Active | 07 Feb 2019 | Mysore, Karnataka | ₹38.7 Cr | 2 | View details |
Products & Services of Rai Estates
Rai Estates offers a comprehensive portfolio of products and services, including Residential Plots, Commercial Land, Apartments, Warehousing, and Farm Houses.
Development and sale of residential plots in Mysuru areas.
Sale of commercial land for business purposes.
Construction and sale of residential apartments.
Development of warehousing facilities for storage.
Sale of farm house properties in rural settings.
Apps and channels of Rai Estates
its YouTube channel Rai Estates Mysuru has 653 subscribers and 20 videos.
Videos from Rai Estates
The most watched videos on Rai Estates's YouTube channel, Rai Estates Mysuru (653 subscribers). Click a video to play it here.
More on Rai Estates Mysuru .
Board of directors of Veeyes Rai Estates Private Limited (Rai Estates)
Veeyes Rai Estates Private Limited is the primary company behind Rai Estates. The board of Veeyes Rai Estates Private Limited currently have 2 directors; the longest-serving is Prarthana Subramanya Rai, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prarthana Subramanya Rai DIN 08355473 | Director | 07 Feb 2019 | 7 yrs 9 mo | Veeyes Rai Estates Private Limited |
| Pranaam Subrahmanya Rai DIN 08355474 | Director | 07 Feb 2019 | 7 yrs 9 mo | Veeyes Rai Estates Private Limited |
Financials of Rai Estates
Figures of Veeyes Rai Estates Private Limited, the primary company behind Rai Estates, for FY 2024. Revenue was ₹38.68 Cr (+117% year on year). Net profit was ₹1.33 Cr (3% margin). EBITDA was ₹1.83 Cr (5% margin). Revenue has grown at a compounded annual rate of +927% over three years.
- ₹38.68 CrRevenue · FY 2024 · +117% YoY
- ₹1.33 CrNet profit · 3% margin
- ₹1.83 CrEBITDA · 5% margin
- ₹20 LakhPaid-up capital
- +927%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Veeyes Rai Estates Private Limited are on its company page.
Detailed financial statements for Rai Estates
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Rai Estates
Rai Estates has 2 listed competitors in our database. They include Lodha Group and Godrej Properties.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. |
Detailed competitors of Rai Estates
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Verified entity values are shown only after access is granted.
Top companies in Shopping Malls & Centers
3 companies that operate in the same segment as Rai Estates (Shopping Malls & Centers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commercial real estate services and property investment solutions. | Mumbai, Maharashtra, India | USD 779.96 M | 13,919 | |||
Invests in alternative assets including real estate and infrastructure for returns. | 2002 | Bengaluru, Karnataka, India | USD 188.27 M | |||
Multi-format retail mall chain, offering a range of retail, dining, and entertainment options to its customers across various locations | 2008 | Mumbai, Maharashtra, India | USD 496.49 M | 107 |
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Frequently Asked Questions about Rai Estates
Rai Estates was founded in 1999.
Rai Estates is headquartered in Mysore, India. It is registered at Mysore, Karnataka, India.
The primary company behind Rai Estates, Veeyes Rai Estates Private Limited, reported revenue of ₹38.68 Cr for FY 2024, up 117% year on year.
Rai Estates is a leading property developer focused on Mysuru and Mangaluru for over two decades. They offer residential plots, commercial land, apartments, and warehousing with clear titles for maximum appreciation. Based in Mysore, India, they have developed over 5000 plots and served more than 3500 satisfied customers through transparent practices.
Rai Estates's top competitors include Godrej Properties and Lodha Group.
Rai Estates offers Residential Plots, Commercial Land, Apartments, Warehousing, and Farm Houses.
Rai Estates operates through Veeyes Rai Estates Private Limited.
The legal entities of Rai Estates currently have 2 directors, including Prarthana Subramanya Rai, Pranaam Subrahmanya Rai.