For more than 16 years,
AcreRise has shaped Odisha’s residential real estate landscape, building a reputation around quality-driven projects, professional execution and a strong focus on customer needs, Founded by first-generation entrepreneurs Sashikant Barik and Sheikh Mairajul Haque, the brand has emerged as a trusted name in Eastern India’s real estate landscape.
Established at a time when organised and transparent real estate development was still evolving in the region, AcreRise set out with a clear purpose to deliver homes built on trust, design excellence and long-term value. Over the years, the company has introduced structured processes, high construction standards and thoughtful planning, earning the confidence of homeowners.
“Our focus has always been on building homes that offer security, comfort and a strong sense of community. Quality is not a feature for us, it is a responsibility,” said Sheikh Mairajul Haque, co-founder, AcreRise.

Sheikh Mairajul Haque and Sashikant Barik, co-founders, AcreRise
Landmark developments driving growth
AcreRise’s portfolio reflects a balanced mix of premium living, sustainability, and future-ready design.
One World: 1008 apartments in South Bhubaneswar
A flagship residential development offering global luxury standards, featuring a sky observatory, private dining spaces, curated lifestyle amenities and an exclusive clubhouse.
AcreRise Azure: 384 apartments in Trisulia Cuttack
Positioned as a defining riverfront development, AcreRise Azure is offering river views, expansive landscaped open spaces, modern recreational amenities and community-centric planning. With a strong emphasis on sustainability, the project is set to establish a new benchmark in luxury riverside living.
Aura: 200 apartments in Trisulia, Cuttack
A nature-inspired residential community designed with eco-conscious principles, blending green landscapes with modern living.
Amantran: 120 apartments in Balianta, Bhubaneswar
A well-connected residential project that exemplifies AcreRise’s focus on functionality, construction quality and everyday convenience.
Upcoming Flagship Developments
Codename City Centre: Pandra, BhubaneswarA landmark urban development featuring approximately 1,000 residential units, with an estimated gross development value of Rs 1,800 crore.
Branded Residences & Hotel, PuriA large-scale mixed-use development comprising 500+ branded residential apartments and hospitality assets, with an estimated gross development value of Rs 800 crore.
“At AcreRise, every project carries a responsibility, we are not just constructing buildings, we are shaping futures. While our journey so far has been rewarding, the most exciting phase lies ahead,” said Sashikant Barik, Co-Founder, AcreRise.
Looking aheadAs its footprint grows across strategic growth corridors,
AcreRise continues to develop thoughtfully designed, future-ready homes aligned with changing urban lifestyles. Anchored in trust, transparency, and long-term value creation, the brand is committed to building communities that endure.
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