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.

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.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Real Estate

06 Aug 2026

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Building Material

06 Aug 2026

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..