Anarock Property Consultants acquires leading real estate broking firm LJ Hooker's Indian operations - Redwoods

Consistent with its focus on becoming India's leading residential real estate solutions company, Anarock Property Consultants Pvt. Ltd. announced the acquisition of Redwoods, the Indian arm of LJ Hooker, based out of Bangalore. The acquisition was closed today, with Anarock absorbing all Redwoods employees.

"The acquisition of LJ Hooker's Redwoods is in line to our overall business strategy and will help us augment our operations across key southern markets. It will give us unparalleled competitive advantage in offering customized real estate solutions. With its strong presence and unique multi-pronged approach, ANAROCK is decoding unmatched value for both B2B and B2C clients," said Anuj Puri, Chairman - Anarock Property Consultants.

Anarock Property Consultants is already redefining the residential real estate services sector in India by offering integrated solutions through a hybrid model of online and offline convergence. The company launched its operations under its flagship brand name of Anarock in June 2017 and is well on its way to cross Rs.100 crores of revenues for 2017 calendar year. The firm has aggressive plans to achieve Rs. 250 crores of revenues in 2018.

With a growing team of over 750 professionals, Anarock aims to cross 1000 in employee strength by the end of 2017. The company currently operates in all key property markets across India - Mumbai, Chennai, Bangalore, Gurgaon, Noida, Hyderabad, Kolkata and Pune, with an international presence in Dubai.