Logo
Govt of India
Logo
bg
bg
bg
PMAY

 

Anuj Puri launches realty investment, fund platform

07 Jul 2017

Anuj Puri, former chairman & country head of international property consultancy JLL India, through recently acquired residential brokerage business, has launched a real estate investment and fund platform.

ANAROCK Property Consultants, under which the residential brokerage and fund platform is housed, will be targeting total portfolio value of $500 million for its fund business by 2020.

Signature Global The Millennia Sector 37D Gurgaon, Haryana

Puri has rebranded JLL's erstwhile residential brokerage business which he acquired earlier this year as ANAROCK Property Consultants.

To begin with, ANAROCK’s real estate investment and fund platform will invest Rs 300 crore in residential real estate projects across the country.

Pareena Laxmi Homes Sector-99A, Dwarka Expressway, Gurgaon, Haryana

Additionally, the firm will operate a business model of bulk-purchasing residential apartment inventory through the proprietary investment fund. ANAROCK will also provide debt, equity and mezzanine funding to residential developers.

Ashwinder Raj Singh, who continues as CEO - ANAROCK Property Consultants is currently working on expanding the firm's team of residential brokers to a pan India headcount of 700 by the end of 2017.

Lotus Homz Sector-111,Dwarka Express Way, Gurgaon, Haryana

ANAROCK’s investment and fund platform, which is targeting a capitalization of $500 million by 2020, currently houses two funds. ROF-I, with its recent investments, stands fully deployed at Rs 161 crore and has already achieved exits with good returns. ROF-II, for which Rs 300 crore were raised in 2016, will invest into residential assets from an existing pipeline and its deployment will commence as soon as it completes the last leg of regulatory requirements.

Our Homes 3 Sector 6, South of Gurugram, Sohna Road

The fund’s key focus areas will be underwriting and asset management, since in the current market dynamics and with the introduction of RERA and implementation of GST, delta returns and successful exits can only be achieved through constant monitoring and robust in-house asset management.

Pareena Laxmi Homes

Pareena Laxmi Homes

Discuss on this Topic

Pareena Laxmi Homes

Latest Real Estate News


Final hurdle on Dwarka e-way off, to be ready by March 2018 13 Jan 2017
New Delhi: The Northern Peripheral Road, the 24-km long 8-laned expressway awaiting completion since 2012, seems to be finally on the home stretch Read More
PM Awas Yojana: Realtors hail increase in carpet area for houses; stocks up 17 Nov 2017
The Centre on Thursday approved the enhancement of the carpet area of houses for the middle-income group (MIG) category under the Pradhan Mantri Aw Read More
Cabinet nod for Rs 25,700 crore convention centre at Dwarka 11 Nov 2017
NEW DELHI: The Cabinet on Friday approved Rs 25,703 crore for development of an Exhibition-cum-Convention Centre at Dwarka here to put the national Read More
Get your home custom-made the way you want In Gurgaon. 16 Sep 2017
PAREENA Developers offering an option to get one’s home custom-made the way one desires. Customisation in India is no more restricted to Read More
Create jobs to boost commercial real estate 16 Jul 2017
Realty consultants want the state to do whatever it takes to attract big names in the IT sector as that will create more job opportunities Read More
Realtors must enroll under Madhya Pradesh RERA to get land registered 16 Jul 2017
  The local stamp and registrar office has received fresh instructions to ‘discourage’ property registration by builders and c Read More
Under Real Estate Regulation Rules state cabinet excludes realty projects that are complete 60% 09 Jul 2017
  The state cabinet on Wednesday cleared the long-awaited Real Estate (Regulation and Development) Rules, framed under the Real Estate Reg Read More

Trending News


Noida Authority re-assigned  the work profiles of officials 06 Sep 2016
NOIDA: The Noida Authority on Monday re-assigned the work portfolios of many IAS and PCS officials including engineers and managers. The move follows Read More
Vivek Oberoi's firm launches affordable housing project 16 Sep 2016
NEW DELHI: On Thursday, Actor Vivek Oberoi declared the launch of Karrm Infrastructure Pvt. Ltd's. affordable housing project at Shahapur in Maharasht Read More
6 Uncommon reasons for home loan rejection 30 Jul 2016
By Sanjay bansal, CEO of Affordable Homes India Uncommon reasons for home loan rejection After years of search and brainstorming, Delhi based Ar Read More
Housing.com joins hands with PropTiger for offline support 15 Sep 2016
BENGALURU: Realty portal Housing.com joins hands with PropTiger, and the first step is likely to be towards a potential merger between the Mumbai and Read More
New smart city list a huge boost for realty sector: NAREDCO 21 Sep 2016
NEW DELHI: Realtors' body NAREDCO today hailed the government's declaration of 27 more urban areas for the improvement of smart cities, saying the mov Read More
Gurgaon Development Authority planned on lines of DDA, to oversee infra, not admin 07 Sep 2016
GURGAON: The draft proposal to make the Gurgaon Development Authority envisages an overarching agency for infrastructure-related work on the lines of Read More
Current Status of Affordable Housing Projects in Gurgaon 05 May 2015
From the last 6 months, one product that is selling like hot cakes in gurgoan is affordable homes thanks to haryana government for taking such a huge Read More

Zara Rossa

Lotus Homz Affordable Housing

Pareena Laxmi Homes

Value Added Services

 

Government Housing Scheme

 

Banking

  • Prime Minister Awas Yojana
  • Prime Minister Awas Yojana ( Gramin )
  • Samajwadi Awas Yojana
  • Deen Dayal Jan Awas Yojana
  • Mukhya Mantri Awas Yojna Rajasthan
  • Affordable Housing Policy 2013
  • Smart Cities Mission
  • DDA Land Pooling Policy 2018

Banking Partners

 

HDFC

  • Corporation Bank
  • HDFC
  • IDBI Bank
  • LIC Housing Finance
  • Oriential Bank of Commerce
  • Reliance Home Finance
  • Bank of Baroda
  • SBI Home Loan
  • ICICI Bank Home Loan
  • India Bulls Home Loan
  • Axis Bank
  • PNB Housing Finance