Mumbai-based real estate services firm ANAROCK has launched a dedicated Project Management and Engineering Services (PMES) vertical, aiming to scale operations and achieve a revenue target of INR 300 crore by FY28. The move positions the company to provide integrated lifecycle solutions for residential, commercial, and mixed-use projects, responding to India’s growing demand for structured, tech-driven project execution.
The PMES unit already operates with a workforce of over 500 professionals and manages 42 active client contracts, indicating a strong market reception. Industry analysts note that the launch reflects a broader trend in India’s real estate sector: developers and investors increasingly prefer single-point accountability and professional project management to reduce cost overruns and accelerate timelines. India’s Engineering, Procurement, and Construction Management (EPCM) market, estimated at USD 69 billion in 2025, is projected to grow at nearly 9% CAGR to reach USD 106 billion by 2030. Residential EPCM services are expanding at an even faster pace, driven by robust housing demand, urban infrastructure growth, and government initiatives such as PMAY and RERA reforms. Observers suggest that ANAROCK’s PMES launch aligns with these structural tailwinds, offering both a market opportunity and a solution for efficient, tech-enabled project delivery.
The PMES division provides a full suite of services, including project and construction management, turnkey and design-build solutions, and project advisory, integrating proprietary digital dashboards for real-time monitoring. Experts highlight that such technology-driven oversight enhances transparency, reduces risks, and supports climate-resilient construction practices by enabling smarter resource planning, energy efficiency, and workflow optimisation across multi-location projects. Regional leadership has been strengthened with a network of managing directors and senior directors overseeing West, North, Central, East, and Southern markets. Analysts say this pan-India structure is critical for consistent delivery standards, particularly in urban centres where complex mixed-use developments are increasingly common. Urban planners note that initiatives like PMES can improve long-term city planning outcomes by ensuring projects are delivered on time, within budget, and aligned with sustainable urban infrastructure goals. This approach supports equitable development, mitigates unplanned urban sprawl, and contributes to resilient, well-managed communities.
ANAROCK’s PMES launch exemplifies the evolution of India’s real estate services sector from transactional sales and marketing towards comprehensive project lifecycle management. The company’s target of INR 300 crore by FY28 will depend on sustained urban growth, adoption of technology-enabled construction practices, and continued investor confidence.
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ANAROCK Expands Services Targets 300 Crore Revenue
