Anarock Group Records 36% upsurge in revenue & hits Rs. 566 crore in FY2024

Real Estate data intelligence Platform Anarock Group posted a 36% increase in its revenue to Rs.566 crore in the last fiscal. In FY2023, the company clocked total revenue of Rs. 416 Cr. With this, ANAROCK has overachieved its set revenue target of Rs.550 Cr for FY2024.

Anuj Puri, Chairman, ANAROCK Group has mentioned, “A 41% growth in FY2025 is more than achievable - not only because the residential market remains in hyperdrive,” he says. “We have recently added the corporate leasing and advisory vertical to our services portfolio, which fundamentally taps into our collective expertise DNA. Also, our Digital Services division, which contributed significantly to this year’s revenue with deployment of our proprietary technologies, has sizable ongoing mandates in hand.”  

According to him other key contributors for this tremendous success were the Firm’s Retail, Land, Capital Markets, Strategic Consulting, Hospitality wing HVS-ANAROCK, and society management vertical ANACITY. 2024 has been a great year till now with a phenomenal real estate growth in Indian residential segment, with record sales and new launches across the top 7 cities.
In a media interview Anuj Puri said, “Real estate market particularly residential, across cities, are doing well with sales and launches  at a 15 year high.” 

Santhosh Kumar, Vice Chairman, ANAROCK Group said, “We are obviously happy to have exceeded our revenue target for the year by 6% but see that merely as an apt launch-pad for bigger and better things. In fact, we are confident of close to tripling our current revenue to Rs.1,500 Cr by FY2027.”
Anarock Group mentioned that,it would increase its headcount in FY 2024-25 in their recently launched offices in advisory services.

Kumar also mentioned, “The Indian economy continues to exhibit strength and will certainly support our  targeted growth. However we bank even more strongly,on our constantly improving technology suite and, of course, the best real estate teams in the business.”

Anarock Group recently,raised Rs.200 Cr funding from 360 One Asset Management Limited for deployment into its overall business growth and industry defining Proptech platform.