Anarock Enters PMES, Hires 550 To Scale Services

15 Jan 2026 CW Team

The Mumbai-based firm, which reported a total income of Rs 7.55 billion in the last financial year, expects the PMES business to generate revenue of about Rs 1.25 billion in FY27. Chairman Anuj Puri said the move is part of Anarock’s strategy to become a one-stop real estate solutions provider.

Puri said the company has already secured multiple mandates with estimated consultancy fees of around Rs 0.8 billion and has onboarded about 550 employees to support the new business. Industry sources said around 350 of these hires, including several senior leaders, have joined from a global property consulting firm.

In a statement, Anarock said the PMES vertical has already signed up 42 active clients and aims to meet rising demand for professional, technology-led project delivery in India’s expanding real estate market. Puri said clients increasingly want accountability and transparency across the entire project lifecycle, not just during sales.

The PMES vertical offers project and construction management, turnkey and design–build solutions, and project advisory services for base-build and fit-out developments. By combining technology, structured processes and senior talent, Anarock said it aims to deliver projects on time and within budget.

India’s engineering, procurement and construction management (EPCM) market is estimated at $69.28 billion in 2025 and is projected to reach $105.96 billion by 2030. Construction management services account for about 57 per cent of EPCM revenues, while the residential EPCM segment is growing at a compound annual growth rate of 11.56 per cent, driven by strong housing demand and government initiatives such as PMAY and RERA reforms.

Founded in April 2017, Anarock raised Rs 2 billion a few years ago from 360 One Asset Management Ltd to fund organic and inorganic expansion. The group’s core businesses include residential brokerage, commercial leasing across office, retail, hospitality and warehousing, a flexible workspace marketplace, and a mobile application for housing society management.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Anarock Group on Monday said it has launched a project management and engineering services (PMES) vertical to diversify its business and has hired around 550 professionals to serve clients across India. The Mumbai-based firm, which reported a total income of Rs 7.55 billion in the last financial year, expects the PMES business to generate revenue of about Rs 1.25 billion in FY27. Chairman Anuj Puri said the move is part of Anarock’s strategy to become a one-stop real estate solutions provider. Puri said the company has already secured multiple mandates with estimated consultancy fees of around Rs 0.8 billion and has onboarded about 550 employees to support the new business. Industry sources said around 350 of these hires, including several senior leaders, have joined from a global property consulting firm. In a statement, Anarock said the PMES vertical has already signed up 42 active clients and aims to meet rising demand for professional, technology-led project delivery in India’s expanding real estate market. Puri said clients increasingly want accountability and transparency across the entire project lifecycle, not just during sales. The PMES vertical offers project and construction management, turnkey and design–build solutions, and project advisory services for base-build and fit-out developments. By combining technology, structured processes and senior talent, Anarock said it aims to deliver projects on time and within budget. India’s engineering, procurement and construction management (EPCM) market is estimated at $69.28 billion in 2025 and is projected to reach $105.96 billion by 2030. Construction management services account for about 57 per cent of EPCM revenues, while the residential EPCM segment is growing at a compound annual growth rate of 11.56 per cent, driven by strong housing demand and government initiatives such as PMAY and RERA reforms. Founded in April 2017, Anarock raised Rs 2 billion a few years ago from 360 One Asset Management Ltd to fund organic and inorganic expansion. The group’s core businesses include residential brokerage, commercial leasing across office, retail, hospitality and warehousing, a flexible workspace marketplace, and a mobile application for housing society management.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..