Gurugram: Conscient Infrastructure Private Limited (CIPL), a real estate developer with a 40-year legacy, has appointed Rishi Raj as its Chief Executive Officer, marking a key step in the company’s expansion across residential, commercial, and mixed-use real estate development.
Announcing the appointment, Rajesh Jain, Executive Director, Conscient, said, “Coming on the heels of our strategic relationship with Hines – a global leader in real estate development, the completion of our luxury residential project Elevate, and multiple upcoming marquee projects, Rishi’s appointment comes at the right time to act as the arrowhead of our ambition to grow our business 5 times in the next 5 years.”
“Rishi’s background of distinguished leadership and proven experience in the real-estate sector makes him the ideal choice for this role,” Jain added. In his previous role as COO of Max Estates, Rishi oversaw a business expansion from 1 million to 18 million sq. ft. of saleable/leasable area while significantly increasing market capitalization. With over 25 years of experience spanning research, consulting, business-building, and corporate strategy, he has also worked at Max Group and McKinsey & Company.
Commenting on his new role, Rishi Raj said, “It is an honor to join Conscient at such a pivotal time. The company’s rich heritage, delivery track record, and visionary partnerships set a powerful foundation. My team and I will work tirelessly to strengthen Conscient’s foundations and expand its footprint, while fully demonstrating our motto – ‘Where Value Meets Values.’”
Conscient has delivered more than 20,000 housing units and developed a diversified portfolio spanning 35 million sq. ft. across Delhi-NCR, Dehradun, and Goa. Recent initiatives include partnerships with Texmaco, Hines, and HDFC Capital to develop a landmark 10-acre residential-led mixed-use project in Delhi (erstwhile Birla Cotton Mills Site), along with successful launches of Elaira Residences, Parq, and Elevate Reserve in prime Gurugram micro-markets.
With over 10 million sq. ft. of development in the pipeline, including the Birla Cotton Mills site and Elaira Phase 2, Conscient plans multi-fold expansion into existing and new micro-markets within Delhi NCR, including Noida, as well as entry into built-to-lease commercial office assets.
Raj will assume his new role on 1 October as Conscient embarks on its next chapter of aspiration, innovation, and sustained growth.
