Anarock Acquires 51% Stake In DSP Design Associates At ₹400 Crore Enterprise Value

New Delhi, September 24 - Real estate consultancy Anarock Group announced the acquisition of a 51% stake in architecture firm DSP Design Associates at an enterprise value of approximately Rs 400 crore, as part of its strategy for expansion. Anarock, a leading property consultant in India, disclosed the acquisition in a statement, which did not provide details on the purchase price.

The deal has been described as strengthening the future of both companies, with Anarock extending its real estate ecosystem and DSP Design benefiting from the acquisition of Anarock's project management and engineering services as well as advisory business lines. Anuj Puri, Founder and Chairman of Anarock Group, stated that the acquisition is a logical fit, enabling the company to scale faster while maintaining its focus on service offerings to clients.

With this acquisition, Anarock can now provide a comprehensive journey for developers and corporates, from site selection and transactions to design and construction. DSP Design Associates, with its presence across major cities in India and over 320 professionals, has delivered more than 1,000 projects across various sectors, including commercial IT parks, mixed-use developments, residential, retail, and hospitality.

The firm's design legacy and core capabilities, which span master planning, architecture, and interior design, along with design-build services, will continue under the leadership of its founding directors.