News Point: Real estate industry veteran Santhosh Kumar has joined Anuj Puriâ€™s real estate firm ANAROCK Property Consultants as Group Vice Chairman, after more than a decade with international real estate consultancy JLL India as CEO – Operations.
A long-standing associate of Anuj Puri, Santhosh Kumar was closely involved in the merger of Jones Lang LaSalle and Trammell Crow Meghraj (TCM) which created the largest international real estate consultancy in India. As CEO of Operations, he had P&L responsibility of JLL India’s 11 offices, ensuring their seamless business operations and growth. He has over 20 years of hands-on experience in Indian real estate.
“Santhoshâ€™s domain expertise, experience and impeccable relationships with the leading real estate players are invaluable assets for the Firm”, says Anuj Puri, Chairman â€“ ANAROCK Property Consultants. “With his appointment, I tick off a major item on my wish list of top-notch real estate operatives to lead ANAROCK to become a formidable institution in Indian real estate. Our pan India operations are now in the most capable hands, and the key cornerstone of our ongoing expansion and growth firmly in place.”
As ANAROCK’s Group Vice Chairman, Santhosh Kumar hits the ground running and has assumed all operational responsibility for the Firm. “Given my long personal association with Anuj and our partnership being a tried-and-tested success formula for over two decades, this move is nothing but a natural progression for me,” he says.
“Also, the timing is most vital in my point of view. In the aftermath of DeMo, RERA and GST, Indian residential real estate is a battlefield from which only the fittest – be it developers or consultants – will emerge and flourish. The current residential ecosystem throws up unique opportunities and challenges, and ANAROCK’s strong market positioning with digital and offline consultancy support is the key to addressing both.”
He adds, “There are more than 7 lakh unsold housing units across top 7 cities of India. With so much supply stacked up and more hitting the market, there is a tremendous need for transparency-oriented real estate consultants to guide homebuyers and investors to the best opportunities. Demand is plentiful, but so is uncertainty and, in some markets, outright mistrust. ANAROCK will leverage its strong reputation for transparency and digital technology to bridge the trust and information gaps and give buyers fully-vetted options from reputed and reliable developers that they can invest in with complete confidence.”
Santhosh began his career in 1998 as Finance Manager with Chesterton Meghraj, was elevated to Chief Finance Officer in 2000 and became a member of the Board of Chesterton Meghraj to advise on key strategic planning issues and make recommendations on major business initiatives and financial decisions. From 2002, he managed business operations for property consultants Trammell Crow Meghraj (TCM) in Northern and Eastern India and was elevated to Chief Operating Officer.
He is a Master of Commerce from the Delhi University, Associate of Institute of Cost & Works Accountants of India (AICWA), Member of the Real Estate Committee of the Federation of Indian Chamber of Commerce of India (FICCI) and Member of the Indian Cancer Research Society.