Anarock's FY25 Revenue Surges 33% on Strong Property Consultancy Demand

Mumbai-based Anarock, a leading real estate consultancy, reported a 33% revenue growth to Rs 755 crore in FY25, driven by increased demand in both residential and commercial property sectors.

AnarockReal EstateProperty ConsultancyRevenue GrowthIndian EconomyReal Estate MumbaiMay 18, 2025

Anarock's FY25 Revenue Surges 33% on Strong Property Consultancy Demand

Real Estate Mumbai:Real estate consultant Anarock Group saw its revenue grow by 33% in the last fiscal year to Rs 755 crore, driven by a strong demand for residential and commercial properties. This significant increase can be attributed to the overall economic growth in India, which has been fueling demand from both end users and investors alike, according to Anuj Puri, the Chairman of Anarock.

Mumbai-based Anarock had posted a revenue of Rs 566 crore in the 2023-24 financial year. Home-grown Anarock was established by Anuj Puri in April 2017, following his 10-year tenure as the country head for a global property consultancy firm.

In an interview with PTI, Puri highlighted that the revenue from consultancy services in the housing segment stood at around Rs 420 crore, which is about 56% of the group's total turnover. Land deals and capital market transactions played a significant role in the revenue growth, as developers were aggressive in land purchases and fundraising to expand their businesses.

The remaining revenue came from the sale and leasing of office, retail, and warehousing spaces; strategic consulting; project management; co-working platforms; consultancy in the hospitality segment; and society management mobile applications. Puri noted that the office leasing consultancy services, which the company entered in April 2024, have performed exceptionally well, with a strong team established across 7-8 major cities and numerous workspace leasing transactions concluded.

Regarding the housing demand scenario, Puri observed that the market was a bit slow between January 1 and March 15 of this calendar year, but sales have since picked up. The company is making consistent efforts to identify hurdles in the Indian real estate market and bring forward the right solutions to address these pain points.

Puri emphasized that the Indian real estate market is becoming more organized and mature, which is benefiting both property developers and consultants. Last year, Anarock raised Rs 200 crore from 360 One Asset Management Ltd to fund its overall business growth, both organically and inorganically. However, the funds have not been utilized yet, as the company is currently looking for acquisitions that can complement its existing businesses.

Anarock Group currently employs more than 2,300 people and operates across key tier-1 and tier-2 markets in India and the Middle East. Puri indicated that the company plans to increase its employee strength in line with the expected growth in its business. Despite global economic uncertainties, Puri remains extremely bullish about the company's growth prospects during the current fiscal year.

Frequently Asked Questions

What was Anarock's revenue in FY25?

Anarock's revenue in FY25 was Rs 755 crore, representing a 33% growth from the previous fiscal year.

What factors contributed to Anarock's revenue growth?

Anarock's revenue growth was driven by increased demand for residential and commercial properties, fueled by India's economic growth and aggressive land purchases by developers.

What services does Anarock offer?

Anarock offers a range of services including property consultancy, land deals, capital market transactions, office leasing, retail and warehousing space management, strategic consulting, project management, and co-working platforms.

How many employees does Anarock have?

Anarock currently has more than 2,300 employees operating across key tier-1 and tier-2 markets in India and the Middle East.

What are Anarock's future plans?

Anarock plans to increase its employee strength and is looking for acquisitions to complement its existing businesses. The company remains bullish about its growth prospects despite global economic uncertainties.