Business

Anarock sells property worth ₹22,000 crore

In partnership in 13 Indian cities, Gulf

Leading real estate agent Anarock Property Consultants has announced the successful closure of 300 mandates to market residential projects across India and in the Gulf. The cumulative market value of the inventory sold to date is more than ₹22,000 crore, the company said.

300 residential projects

“Anarock has strategically partnered with over 150 top developers across 13 Indian cities and in the Gulf. The market value of the overall mandated inventory we have sold since our launch in 2017 exceeds ₹22,000 crore across 300 residential projects,” Anuj Puri, chairman, Anarock Property Consultants, said.

Interestingly, 11,000 units of these, with a value of ₹10,000 crore, were sold in the current financial year (FY18-19) itself. The combination of focused experienced brokerage and our bespoke technology has been a winning combination,” he added

The company currently sells housing inventory at a rate of 1,000 apartments (approx. 1,000,000 sq.ft.) per month.

The cities which have yielded the highest and fastest closure of projects mandated exclusively are Mumbai, Bengaluru, Pune, Chennai and Delhi NCR.

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Printable version | May 22, 2020 11:49:53 AM | https://www.thehindu.com/business/anarock-sells-property-worth-22000-crore/article26390993.ece

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