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

Mumbai-based Anarock, a leading real estate consultancy firm, reported a 33% increase in revenue to Rs 755 crore in FY25, driven by robust demand for residential and commercial properties.

Real EstateProperty ConsultancyAnarockAnuj PuriIndian Real Estate MarketReal Estate MumbaiMay 18, 2025

Anarock's FY25 Revenue Surges 33% on Strong Property Consultancy Demand
Real Estate Mumbai:Real estate consultant Anarock Group reported a 33% increase in revenue to Rs 755 crore in the fiscal year 2024-25, driven by a surge in demand for both residential and commercial properties, according to the company's Chairman, Anuj Puri.

Mumbai-based Anarock had posted a revenue of Rs 566 crore in the 2023-24 financial year. The company, established by Anuj Puri in April 2017, has rapidly grown to become a leading player in the Indian real estate consultancy market.

In an interview with PTI, Puri attributed the company's revenue growth to the overall economic growth in India, which is fueling demand for residential and commercial properties from both end-users and investors. He noted that the revenue from consultancy services in the housing segment alone 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 company's revenue growth. Puri explained, 'Developers were aggressive in land purchases and also in fundraising to expand their businesses, which contributed significantly to our total revenue.'

The remaining revenue came from various segments, including the sale and leasing of office, retail, and warehousing spaces; strategic consulting; project management; co-working platform consultancy; hospitality segment consultancy; and society management mobile applications.

When asked about the performance of the office leasing consultancy services, which Anarock entered in April 2024, Puri said it has done exceptionally well. 'We have not only built a strong team across 7-8 major cities but also concluded many workspace leasing transactions,' he added.

Regarding the housing demand scenario, Puri noted that the market was a bit slow between January 1 and March 15 of this calendar year, but sales have picked up since then. 'We are consistently making efforts to identify hurdles in the Indian real estate market and then bringing the right solutions to address those pain points,' the Anarock chairman said.

Puri emphasized that the Indian real estate market is becoming more organized and mature, 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. We have not used this fund so far, but we are looking for acquisitions that can complement our businesses,' he stated.

Anarock Group currently has more than 2,300 employees operating across key tier-1 and 2 markets in India and the Middle East. Puri said the employee strength will increase in line with the expected growth in the company's business.

Despite global economic uncertainties, Puri remains extremely bullish about the company's growth during the current fiscal year. 'We are confident in our ability to navigate the market and continue to deliver strong results,' he concluded.

Frequently Asked Questions

What was Anarock's revenue in FY25?

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

What segments contributed to Anarock's revenue?

The segments contributing to Anarock's revenue include residential and commercial property consultancy, land deals, capital market transactions, office leasing, retail and warehousing spaces, strategic consulting, project management, co-working platform consultancy, hospitality segment consultancy, and society management mobile applications.

How has the Indian real estate market evolved according to Anarock's Chairman, Anuj Puri?

According to Anuj Puri, the Indian real estate market is becoming more organized and mature, which is benefiting both property developers and consultants.

What is Anarock's strategy for future growth?

Anarock's strategy for future growth includes organic expansion and potential acquisitions that can complement its business. The company raised Rs 200 crore from 360 One Asset Management Ltd to fund its growth plans.

What is the current employee strength of Anarock Group?

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

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