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Acquisition · Professional & Local Services

Anarock acquires majority stake in DSP Design Associates

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Anarock logo
Date
Company
Anarock
What it does
Real estate advisory and consultancy
Kind
Acquisition
Amount
₹450 Cr
Stage
growth
Based in
Mumbai
Founded
2017
Sector
Professional & Local Services

What they do

Anarock provides real estate advisory, transaction support, project management, and engineering services to developers and corporate clients across India

What happened

The firm purchased a 51% controlling interest in architecture and interior design company DSP Design Associates to broaden its service offerings

Why it matters

This deal enables Anarock to provide integrated end-to-end solutions, including master planning and design, to its existing client base

The details

  • Anarock secured a 51% controlling interest in the architecture and interior design firm DSP Design Associates.
  • The purchase was financed entirely through the company's internal cash reserves.
  • The transaction aims to merge architecture, master planning, and interior design into Anarock's existing advisory and project management framework.
  • DSP Design Associates will continue to function under its original leadership team to ensure operational stability and maintain client relations.
  • The combined entity intends to provide a unified service model covering everything from site selection to final project delivery.

The bigger picture

  • Anarock identified a significant overlap between its own client list and that of DSP Design Associates.
  • The move reflects a growing trend of consolidation among professional service providers within the Indian real estate market.
  • Anarock generated approximately ₹1,100 crore in revenue during FY26 and is targeting 25-30% growth in FY27.

About the business

  • Anarock delivers integrated advisory and execution services across the entire real estate value chain.
  • Its core offerings include transaction advisory, leasing, investment consulting, and project management.
  • The firm leverages AI-powered insights to assist developers and investors in making informed real estate decisions.
  • Anarock maintains a presence across India and operates internationally in the Middle East, London, the USA, and Singapore.
  • DSP Design Associates focuses on commercial IT parks, mixed-use developments, residential projects, retail spaces, and hospitality assets.
  • DSP currently manages a workforce of over 320 professionals and has completed more than 1,000 projects.

What happens next

  • Anarock intends to keep its various subsidiaries and business verticals operating as independent units.
  • The company aims to leverage its new platform to expand into additional geographies and service lines.

The deal

Type
acquisition

Founders

  • Anuj Puri, Founder and Chairman
  • Yatin Patel, Co-Founder, DSP Design Associates
  • Mehul Shah, Co-Founder, DSP Design Associates
  • Bimal Desai, Co-Founder and Principal, DSP Design Associates

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