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

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Equipment

30 May 2026

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

Resources

29 May 2026

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..