Anarock sells property worth ₹22,000 crore

In partnership in 13 Indian cities, Gulf

February 27, 2019 10:33 pm | Updated 10:33 pm IST - MUMBAI

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.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.