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Real estate consultancy firm Anarock has entered the project management and engineering services (PMES) segment to expand its service portfolio and meet rising demand for professional project execution. The company has hired around 550 professionals and already secured multiple mandates, with consultancy fees of nearly INR 80 crore. Anarock expects the new vertical to generate about INR 125 crore in revenue by FY27. The PMES division will offer project and construction management, turnkey solutions, and advisory services across residential and commercial segments. The move reflects growing demand for structured, technology-driven delivery in India's real estate market, where timely execution, cost control, and transparency are becoming critical for developers and investors.
Real estate consultancy firm Anarock has entered the project management and engineering services (PMES) segment as part of its plan to widen its business portfolio. The company has hired around 550 professionals to support this new vertical and meet growing client demand. Advertisement
Mumbai-based Anarock Group, which reported a total income of 755 crore in the last financial year, expects the PMES business to generate revenue of about 125 crore in the 2026-27 fiscal. The company has already secured multiple mandates, with estimated consultancy fees of nearly 80 crore.
Anarock Chairman Anuj Puri said the move aligns with the company's long-term strategy to become a comprehensive real estate services provider. He added that clients are increasingly looking for structured, accountable, and transparent solutions not only for selling property but also for executing projects.
According to sources, about 350 of the newly hired employees, including several senior leaders, have joined from a global property consulting firm. In a statement, Anarock said its PMES vertical currently serves 42 active clients across different real estate segments.
The new division has been launched to address the rising demand for professional and technology-driven project delivery in India's expanding real estate market. The company aims to offer end-to-end support, combining experienced talent, defined processes, and digital tools to ensure timely and cost-effective project execution.
Industry data shows that 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. Construction management services account for nearly 57 per cent of the overall EPCM revenue. The residential EPCM segment is growing at a compound annual growth rate of 11.56 per cent, supported by strong housing demand and government initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and regulatory reforms under the Real Estate (Regulation and Development) Act (RERA).
Anarock's PMES vertical will provide project and construction management services, turnkey and design-build solutions, and project advisory services for both base-build and fit-out projects.
Founded in April 2017, Anarock had raised 200 crore from 360 One Asset Management Ltd to support its growth plans. The company's core businesses include residential brokerage and leasing of commercial assets such as offices, retail spaces, hospitality projects, and warehouses. It also operates a flexible workspace marketplace and offers a mobile application for housing society management.
Source: PTI
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