Anarock Property

Anarock diversifies into project management, adds 550 to workforce

Property consultant Anarock on Monday said it has entered into project management and engineering services (PMES) to diversify its business and has hired around 550 people to cater to its clients. Mumbai-based Anarock Group, which clocked a total income of Rs 755 crore last fiscal, is expecting a revenue of Rs 125 crore from the PMES business during the 2026-27 fiscal. "We have entered into the PMES business as part of our strategy to diversify our offerings and to become a one-stop real estate solution provider," Anarock Chairman Anuj Puri told PTI. He said the company has hired around 550 employees to service its clients. Puri said the company has already secured many contracts with an estimated consultancy fees of around Rs 80 crore. "We are expecting around Rs 125 crore revenue next fiscal from the PMES business," Puri said. According to sources, Anarock has hired around 350 employees, including many senior leaders, from a global property consulting firm. In a statement, Ana

Anarock enters project management services vertical, hires 550 people

Property consultant Anarock on Monday said it has entered into project management and engineering services (PMES) to diversify its business and has hired around 550 people to cater to its clients. Mumbai-based Anarock Group, which clocked a total income of Rs 755 crore last fiscal, is expecting a revenue of Rs 125 crore from the PMES business during the 2026-27 fiscal. "We have entered into the PMES business as part of our strategy to diversify our offerings and to become a one-stop real estate solution provider," Anarkck Chairman Anuj Puri told PTI. He said the company has hired around 550 employees to service its clients. Puri said the company has already secured many contracts with an estimated consultancy fees of around Rs 80 crore. "We are expecting around Rs 125 crore revenue next fiscal from the PMES business," Puri said. According to sources, Anarock has hired around 350 employees, including many senior leaders, from a global property consulting firm. In a statement, Ana

Unsold homes rise 4% in 2025 across top 7 cities as supply outpaces demand

Unsold housing units rose 4 per cent to nearly 5.77 lakh units last year across seven major cities as supply of new homes exceeded demand, according to Anarock. Real estate consultant Anarock data of the primary residential market showed that the unsold housing units across seven major cities were 5,76,617 units at the end of 2025 from 5,53,073 units at the end of the preceding year. "Annually, unsold inventory in the top 7 cities rose 4 per cent by 2025-end, largely because of tapered demand and increased new supply in the year," Anarock explained. Housing sales in the top 7 cities fell 14 per cent annually to 3,95,625 units last year, while new supply rose 2 per cent to 4,19,170 units. As per the data, the unsold housing stock fell in Mumbai Metropolitan Region (MMR) and Hyderabad, but rose in Delhi-NCR, Pune, Chennai, Bengaluru and Kolkata. The unsold housing stock in Delhi-NCR rose 5 per cent to 90,455 units at 2025-end from 85,901 units in 2024. Mumbai Metropolitan Region (M

India's retail REIT market may hit Rs 80,000 crore by 2030: Anarock

Indian retail Reit market expected to be worth Rs 60,000-80,000 crore by 2030

Office leasing up 40% in H1 2025, Bengaluru, Pune lead demand: Anarock

Net absorption grew to 26.8 mn square feet across top 7 cities; Pune saw 188% rise, Bengaluru remained the leader in both new supply and total office space leased

Steady buyer sentiment drives Mumbai property registrations to H1 2025 high

Experts indicate buyers are moving towards high-ticket-size transactions, with the city recording its second-highest property registration figures in June 2025

South Indian cities dominate GCC office leasing in Q1 CY25: Report

Bengaluru, Chennai and Hyderabad lead in GCC leasing, accounting for 5.34 msf of the total 8.35 msf leased in Q1 CY25 as GCCs ramp up presence beyond metros

Anarock's FY25 revenue rises 33% on higher property consultancy fees

Real estate consultant Anarock Group revenue grew 33 per cent last fiscal to Rs 755 crore on better demand for residential and commercial properties, it's Chairman Anuj Puri said. Mumbai-based Anarock had posted a revenue of Rs 566 crore in the 2023-24 financial year. Home-grown Anarock was established by Anuj Puri in April 2017 after serving as country head for 10 years in a global property consultancy firm. In an interview with PTI, Puri attributed the increase in the company's revenue to the overall India's economic growth, which is fuelling demand for residential and commercial properties from end users and investors alike. He said the revenue from the consultancy services in the housing segment stood at around Rs 420 crore, which is about 56 per cent of the group's total turnover. "Land deals and capital market transactions contributed significantly to the total revenue as developers were aggressive in land purchases and also fund raising to expand their businesses," Puri ..

Bengaluru leads office space commitment by corporates in Oct-Mar: Anarock

About 10.8 million sq ft of office space pre-committed by corporates nationally: Anarock

Realty leads AIF investments with Rs 73,903 cr infusions till 9MFY25: Rpt

Investments in real estate through AIFs rose by 8 per cent from Rs 68,540 crore at the end of March 2024 (FY24-end) to Rs 73,903 crore by December 2024

Correction in offing? Housing sales dip 28% in India, launches down 10%

Approx. 93,280 units sold across the top 7 cities in Q1 2025 against over 1.30 lakh units in Q1 2024

NCR sees highest increase in housing prices among top 7 cities: Anarock

Housing prices in Delhi-NCR appreciated the most among seven major cities with rates rising by an average 30 per cent during the last year on rise in input cost, according to Anarock. Real estate consultant Anarock noted that Delhi-NCR recorded the "highest yearly jump of 30 per cent in average residential price --"from Rs 5,800 per sq ft in 2023 to nearly Rs 7,550 per sq ft in 2024." The sharp increase in housing prices in Delhi-NCR was despite higher supply and a marginal fall in sales during the 2024 calendar year. There has been a significant increase in prices of land and labour as well as construction costs. As per the Anarock data, the housing sales dropped 6 per cent to 61,900 units in the last year from 65,625 units in the preceding year. The fresh supply of housing properties in Delhi-NCR rose 44 per cent to 53,000 units in 2024 from 36,735 units in the preceding year. Overall, Anarock data showed housing prices rose between 13-30 per cent across the top 7 cities, prima

Anarock to double office leasing team amid rising demand for workspaces

Real estate consultant Anarock plans to double its office leasing team size to 100 professionals this year for catering to rising demand of premium workspaces from corporates. Mumbai-headquartered Anarock entered into office leasing segment in April 2024, expanding its business from housing brokerage, capital market transactions, and leasing of retail as well as industrial and warehousing spaces, among others. In an interview with PTI, Peush Jain, Managing Director, Commercial Leasing and Advisory at Anarock, said the office leasing team has grown to 50 professionals across India, blending seasoned industry experts with young, dynamic talent proficient in research, advisory, and transaction management. "In 2025, we aim to double our team size, emphasising quality over quantity. Hiring efforts will target high-demand markets like Bengaluru, Hyderabad, and Mumbai, focusing on strengthening transaction management, client advisory, and market research verticals to meet rising demand," .

Housing sales, supply skid in India's top 7 cities in 2024: Report

Housing sales are estimated to fall 4 per cent this year in seven major cities to nearly 4.6 lakh units on lower launches, while sales in value terms are up 16 per cent to Rs 5.68 lakh crore, according to Anarock. Average housing prices grew 21 per cent this year across the seven major cities on rising rates of land, labour and some building raw materials. Anarock, which is one of the leading housing brokerage firms in India, attributed the fall in sales volumes during 2024 to a drop in new launches of housing projects because of a delay in regulatory approvals amid general and assembly elections. Nevertheless, the appreciation in housing prices helped sales to grow in value terms during this year. Real estate consultant Anarock on Thursday released its housing market data, showing a marginal 4 per cent drop in sales across the 7 major cities to 4,59,650 units during 2024 against 4,76,530 units in 2023. However, the overall sales value of housing units saw a 16 per cent annual

Office market buoyant, premium workspaces under-construction: Anarock

With rising demand of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies. Homegrown Anarock entered into office leasing segment in April this year, expanding its business from housing brokerage, capital market transactions, and leasing of retail as well as industrial & warehousing spaces, among others. In an interview with PTI, Peush Jain, Managing Director, Commercial Leasing and Advisory, Anarock, highlighted that the year 2024 has been extremely good for Indian office market with record gross leasing activities and drop in vacancy rates. He expressed confidence that the demand momentum would continue next year. "The office market has shown strong recovery and consolidation post-pandemic," said Jain, who has more than 20 years of experience in the real estate sector. Jain noted that Global ...

Pvt equity investment in real estate down 4% to $2.3 bn in Apr-Sep: Anarock

Private equity investments in the Indian real estate sector declined 4 per cent to USD 2.3 billion in the first half of this fiscal year due to lower inflow in office assets, according to Anarock. Real estate consultant Anarock noted that the total number of deals declined to 17 in April-September this year from 24 in the corresponding period of the preceding year. Shobhit Agarwal, MD & CEO of ANAROCK Capital, said, "Private equity investments in offices are primarily driven by foreign investors, which have tapered down due to global factors such as geopolitical tensions and elevated interest rates." However, he added that the aggregate numbers and the dominance of foreign investors in the Indian real estate remained largely stable due to the ADIA/KKR investment in the Reliance Retail warehousing assets. Private equity investments stood at USD 1.2 billion in the first half of 2020-21 fiscal; USD 2 billion in H1 2021-22; USD 2.8 billion in H1 2022-23; USD 2.4 billion in ...

Housing sales dip 11% in third quarter of CY24 in top 7 cities: Report

Market stabilising and 'demand-supply equation robust', says property consulting company ANAROCK

Housing sales down 11% in Jul-Sept, avg prices up 23% in 7 cities: Anarock

Housing sales fell 11 per cent during July-September to 1.07 lakh units in seven major cities on lower launches and an annual 23 per cent growth in average prices, according to Anarock. Real estate consultant Anarock on Thursday released data that showed an 11 per cent fall in sales of residential properties in July-September to 1,07,060 units from 1,20,290 units in the year-ago period. Anarock Chairman Anuj Puri said, "All the top cities individually recorded a dip in housing sales." The top 7 cities witnessed a drop of 19 per cent in new housing supply, with 93,750 units launched in July-September 2024 against 1,16,220 units in the corresponding period in 2023. "Nevertheless, the fact that sales remained higher than launches indicates that the demand-supply equation remains robust," Puri said. He pointed out that housing sales in the third quarter tapered down amid high prices and the monsoon season. "As always in this period, the 'shraad' period also suppressed demand to an ex

Indian cities see 45% residential price hike in last 5 years: Anarock

Bagaluru, a locality in Bengaluru Urban district, recorded the highest price appreciation of 90 per cent between 2019 and the first half of 2024

WeWork India, myHQ by ANAROCK tie up for on-demand, virtual office growth

Users will be able to book these products from either of the platforms, myHQ or WeWork; the myHQ product journey will take over at the time of purchase