PRESS RELEASE

Mayank Saksena Quits JLL, Joins ANAROCK As MD – Land & Head Of South India

Will leverage immense land demand, address South India’s pent-up housing inventory

Mayank SaksenaBangalore, 1 August 2018: India’s leading real estate services provider ANAROCK Property Consultants have announced that industry veteran Mayank Saksena has joined the Firm as Managing Director – Land & Head – South India Residential Services.

Prior to this appointment, Mayank Saksena was Managing Director of Land Services international property consultants JLL India, where he was also part of the India Leadership Council (ILC).

During his tenure of over a decade there, he closed several high-ticket land deals and acquisition mandates. These include some of the largest land transactions on record across large cities in the country.

In his career spanning over 16 years, he has crafted transactions and acquisitions on behalf of prominent real estate developers, corporates and Government agencies. He is an acknowledged expert on land-related transactions knowledge leader for Pan India real estate markets.

ANAROCK Launches ANAROCK Retail To Tap Into India’s $700 Bn. Retail Market

  • Partners with Faithlane PC to create India’s most focused retail advisory firm

Mumbai, 6 June 2018: India’s leading independent real estate services firm ANAROCK Property Consultants today announced the official launch of ANAROCK Retail, a new firm dedicated to tapping into India’s $700 bn. retail market via its expert retail consultancy services.

The new firm is the result of a partnership between ANAROCK and Faithlane Property Consultants, headed by retail realty veteran Anuj Kejriwal who joins as CEO & MD – ANAROCK Retail.

ANAROCK’s entry into the retail real estate domain was really only a matter of time,” says Anuj Puri, Chairman – ANAROCK Property Consultants. Mr Puri is himself an acknowledged retail real estate expert who, in addition to his previous role as Chairman of a leading IPC in India, was also Chairman of its Global Retail Leasing Board.

“We have a deep market reach in this domain,

Press Release

ANAROCK Launches Strategic Channel Partner Business Vertical

Bappaditya Basu appointed as Head – CP Business; new vertical to boost sales reach by 40%

Mumbai, April 2, 2018: India’s leading real estate services firm ANAROCK Property Consultants today announced the appointment of real estate industry veteran Bappaditya Basu as Head of its Channel Partner business.

As the first of its kind in the industry, the Firm’s Channel Partner vertical will focus on forging strategic international and domestic alliances within the residential consultancy space to create India’s largest real estate services network.

Bappaditya Basu, who was formerly National Director of Retail Services at international property consultancy JLL India, has over 15 years of hands-on experience in the real estate business and has operated across India, Sri Lanka and several South Asian countries.

He will be based out of ANAROCK’s Mumbai office and lead a team of seasoned operatives who are highly trained and experienced in channel partner management.

“This is an important appointment, given ANAROCK’s unique business services model and our rapid growth plans,”

PRESS RELEASE

Chennai Saw Highest Housing Sales Dip In 2017, Bengaluru Lowest – ANAROCK Report

Unsold inventory decreased by 10% from 8.04 lakh units in Q4 2016 to 7.27 lakh units by Q4 2017

Mumbai, 22 March 2018: Fewer launches, subdued sales and muted property prices defined 2017 for the Indian residential real estate sector, according to a detailed report by ANAROCK Property Consultants.

With an annual decline of almost 50% in new launches and 15% decline in sales across top 7 cities in India, the sector was effectively shattered in 2017.

“A spate of policy reforms and structural changes literally crippled the sector,” says Anuj Puri, Chairman – ANAROCK Property Consultants. “Simultaneously and consequentially, it transitioned rapidly into a transparent and buyer-friendly one. With only end-users left to drive the market and investors more or less evaporating completely, developers throttled back severely on new launches to allow the market more scope to absorb the already staggering unsold inventory.”

2017’s Depressed New Launch Readings

  • The top 7 cities recorded new unit launches of around 26 lakh in 2017 as opposed to 2.50 lakh in 2016.

PRESS RELEASE

18% of MMR’s Housing Launches In 2017 Added In Thane – ANAROCK Report

53% of 70,000 units launched between 2012-2017 already absorbed

Mumbai, 8th February 2018ANAROCK Property Consultants‘ latest research report ‘Thane – An Emerging Megapolis highlights this city’s unstoppable rise to become one of the hottest real estate development and investment destinations in the Mumbai Metropolitan Region.

Launched at the MCHI CREDAI Thane Property Expo today, the data-driven report vouchsafes that Thane, driven by specific micro-markets, has not only shed its previous ‘industrial’ image but become a stand-alone real estate boom city.

“Thane’s emergence as a preferred destination for corporate office occupiers as well as homebuyers has been nothing short of spectacular, ” said Anuj Puri, Chairman – ANAROCK Property Consultants at the report’s unveiling. “Last year alone, the city contributed as much as 18% of the entire supply of housing project launches in MMR. Even more interestingly, of the 70,000 housing units that hit the Thane market in the last five years, 

Press Release

Santhosh Kumar Quits JLL, Joins Anuj Puri’s ANAROCK As Group Vice Chairman

New Delhi, 11 January 2018: Real estate industry veteran, Santhosh Kumar, today joined Anuj Puri’s new age real estate firm ANAROCK Property Consultants as Group Vice-Chairman, after more than a decade with international real estate consultancy JLL India as CEO – Operations.

He will be based out of ANAROCK’s Gurgaon office, with ANAROCK’s nine India offices, Dubai office and Finance reporting directly to him.

A long-standing associate of Anuj Puri, Santhosh Kumar was closely involved in the merger of Jones Lang LaSalle and Trammell Crow Meghraj (TCM) which created the largest international real estate consultancy in India.

As CEO of Operations, he had P&L responsibility of JLL India’s 11 offices, ensuring their seamless business operations and growth. He has over 20 years of hands-on experience in Indian real estate.

“Santhosh’s domain expertise, experience and impeccable relationships with the leading real estate players are invaluable assets for the Firm”,

Press Release

ANAROCK Launches Report On Affordable Housing In NCR

  • Supply-absorption break-up of units priced < INR 20 lakh & between INR 20-40 lakh
  • Key hotspots, supply as per completion timelines

Delhi, 14 December 2017ANAROCK Property Consultants today released its definitive research report ‘NCR – An Affordable Housing Goldmine’ at the Delhi leg of Economic Times’ ACETECH – Asia’s leading trade fair for architecture, building materials, innovation and design.

The report pitches the phenomenal expansion and urbanization rate of India’s largest planned region against the real estate industry’s affordable housing response. Intensely data-driven, this study lays bare the opportunities, shortcomings and challenges that Delhi-NCR presents to the real estate sector.

Anuj Puri, Chairman – ANAROCK Property Consultants says, “Affordable housing has once again taken centre-stage in all real estate forum discussion, and deservedly has the undivided attention of all industry stakeholders including developers, investors, customers and the Government. As India’s largest urban agglomeration, Delhi-NCR is extremely important from every perspective –

Maximum City’s real estate triumphs, tribulations and opportunities on the road to future-readiness 

Mumbai, 2 November 2017ANAROCK Property Consultants today released its research report Mumbai Redefined in association with ACETECH – the world’s 3rd largest exhibition and Asia’s leading trade fair for architecture, building materials, innovation and design, driven by Economic Times.

The report was unveiled by Maharashtra Chief Minister, Devendra Fadnavis, during the conference at Bombay Exhibition Centre in Goregaon, Mumbai.

Mumbai is in the midst of major ongoing infrastructure upgrades, aimed at making the country’s financial capital more livable and ‘workable’.

PRESS RELEASE

Anuj Puri’s ANAROCK Appoints Rahul Yadav As Chief Product & Technology Officer

Housing.com co-founder to drive the Firm’s thrust for high-tech enabled online residential brokerage

Mumbai, 3 July 2017ANAROCK Property Consultants, which prominent real estate industry stalwart Anuj Puri launched last month, today announced that it has appointed Housing.com‘s co-founder and ex-CEO Rahul Yadav as Chief Product & Technology Officer.

“This appointment is in line with ANAROCK’s highly technology-driven orientation and business model for its residential advisory services,” says Anuj Puri, Chairman – ANAROCK Property Consultants. “The online real estate business is still in its fledgling stage in India, and we are taking the lead on boosting it into maturity. So far, the real estate sector has not been able to emulate the success of ecommerce for consumer durables and services. We intend to change that, and Rahul Yadav’s experience in harnessing the consumer housing market at via technology will add the key element. The cutting-edge and highly consumer-focused technology platform and support infrastructure we will build here will bring in a complete transformation of the residential property business.”

PRESS RELEASE

Anuj Puri Launches ANAROCK Property Consultants Residential Brokerage, Fund & Investment Platform

Fund will invest INR 300 crore in, Residential projects, targets USD 500 mn by 2020

Mumbai, 26 June 2017Anuj Puri, former Chairman & Country Head of international property consultancy JLL India, today announced the launch of ANAROCK Property Consultants Pvt. Ltd., essentially rebranding JLL’s erstwhile residential brokerage business which he acquired earlier this year.

Simultaneously, Puri announced the Firm’s real estate investment and fund platform, which will invest INR 300 crore in Residential real estate projects.

“We have chosen the brand ANAROCK with the motto ‘Values Over Value’ to reflect a business model and philosophy founded on the bedrock of Trust and Reliability,” says Anuj Puri, Chairman – ANAROCK Property Consultants Pvt. Ltd. “ANAROCK is the Group Brand, which will house multiple real estate services verticals. We will provide our regular residential advisory services which charges zero brokerage from our customers. Additionally, the Firm will operate a revolutionary business model of bulk-purchasing residential apartment inventory through a proprietary investment fundANAROCK will also provide debt, equity and mezzanine funding to residential developers. And this is just the beginning.”