ANAROCK Launches Project Management And Engineering Arm
Real Estate

ANAROCK Launches Project Management And Engineering Arm

ANAROCK has announced the strategic launch of its Project Management & Engineering Services (PMES) vertical, marking a major expansion of its real estate capabilities. The move positions the company as a comprehensive, one-stop solutions provider offering seamless project delivery from concept to completion.

The PMES vertical has commenced operations with more than 500 professionals and 42 active client contracts. It is expected to generate over Rs 1.25 billion in revenue in FY 2026–27, contributing significantly to ANAROCK’s group-wide revenue target of Rs 11 billion. The company has outlined a clear growth roadmap to scale PMES revenues to Rs 3 billion by FY28, tapping into rising demand for technology-led, professionally managed project execution in India’s fast-growing real estate market.

To support this expansion, ANAROCK has appointed a senior leadership team with expertise across residential, commercial, industrial and mixed-use developments. Amit Jaitly has been named Managing Director for West and North India, Tarunankur Nag will lead Central and East India as Managing Director, and Veeresh S Manjunatha will head Karnataka operations as Managing Director. Nishanth Kumar will oversee pan-India growth as Regional Director for Business Development.

The leadership team is supported by senior executives including Amol Rane, Vijay Kori, Ramana Nagireddy, Anandkumar Patil and Mani Ganesh, ensuring execution strength across key regional markets. Commenting on the launch, Anuj Puri, Chairman of ANAROCK, said the PMES vertical responds directly to client demand for greater accountability and transparency in project delivery, beyond transaction advisory and sales.

India’s Engineering, Procurement and Construction Management (EPCM) market is estimated at USD 69.28 billion in 2025 and is projected to reach USD 105.96 billion by 2030, implying a compound annual growth rate of 8.87 per cent. Construction management services account for 56.78 per cent of EPCM revenues, underlining strong demand for single-point accountability on large, complex projects. The residential EPCM segment is growing at an 11.56 per cent CAGR, supported by sustained housing demand and government initiatives such as PMAY and RERA reforms.

Structural drivers such as the planned USD 1.4 trillion National Infrastructure Pipeline, increasing adoption of Building Information Modelling, digital twin mandates in public tenders, and wider use of digital and AI tools in construction management continue to strengthen EPCM market prospects.

ANAROCK PMES will offer a full suite of services including project and construction management, turnkey and design-build solutions, and project advisory services for base-build and fit-out projects, all under a single accountability framework. The vertical will leverage proprietary digital dashboards and workflow systems for real-time tracking and is already managing over 40 million square feet across more than 42 engagements nationwide.

According to Puri, the launch of PMES completes ANAROCK’s core services loop, enabling the firm to guide projects through their entire lifecycle, from feasibility and strategy to capital raising, construction and eventual sales, while continuing to explore new growth avenues aligned with its technology-first approach.

ANAROCK has announced the strategic launch of its Project Management & Engineering Services (PMES) vertical, marking a major expansion of its real estate capabilities. The move positions the company as a comprehensive, one-stop solutions provider offering seamless project delivery from concept to completion. The PMES vertical has commenced operations with more than 500 professionals and 42 active client contracts. It is expected to generate over Rs 1.25 billion in revenue in FY 2026–27, contributing significantly to ANAROCK’s group-wide revenue target of Rs 11 billion. The company has outlined a clear growth roadmap to scale PMES revenues to Rs 3 billion by FY28, tapping into rising demand for technology-led, professionally managed project execution in India’s fast-growing real estate market. To support this expansion, ANAROCK has appointed a senior leadership team with expertise across residential, commercial, industrial and mixed-use developments. Amit Jaitly has been named Managing Director for West and North India, Tarunankur Nag will lead Central and East India as Managing Director, and Veeresh S Manjunatha will head Karnataka operations as Managing Director. Nishanth Kumar will oversee pan-India growth as Regional Director for Business Development. The leadership team is supported by senior executives including Amol Rane, Vijay Kori, Ramana Nagireddy, Anandkumar Patil and Mani Ganesh, ensuring execution strength across key regional markets. Commenting on the launch, Anuj Puri, Chairman of ANAROCK, said the PMES vertical responds directly to client demand for greater accountability and transparency in project delivery, beyond transaction advisory and sales. India’s Engineering, Procurement and Construction Management (EPCM) market is estimated at USD 69.28 billion in 2025 and is projected to reach USD 105.96 billion by 2030, implying a compound annual growth rate of 8.87 per cent. Construction management services account for 56.78 per cent of EPCM revenues, underlining strong demand for single-point accountability on large, complex projects. The residential EPCM segment is growing at an 11.56 per cent CAGR, supported by sustained housing demand and government initiatives such as PMAY and RERA reforms. Structural drivers such as the planned USD 1.4 trillion National Infrastructure Pipeline, increasing adoption of Building Information Modelling, digital twin mandates in public tenders, and wider use of digital and AI tools in construction management continue to strengthen EPCM market prospects. ANAROCK PMES will offer a full suite of services including project and construction management, turnkey and design-build solutions, and project advisory services for base-build and fit-out projects, all under a single accountability framework. The vertical will leverage proprietary digital dashboards and workflow systems for real-time tracking and is already managing over 40 million square feet across more than 42 engagements nationwide. According to Puri, the launch of PMES completes ANAROCK’s core services loop, enabling the firm to guide projects through their entire lifecycle, from feasibility and strategy to capital raising, construction and eventual sales, while continuing to explore new growth avenues aligned with its technology-first approach.

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