Real estate services company Anarock has acquired a 51% stake in multidisciplinary architecture, master planning and interior design firm DSP Design Associates, according to reports from Business Standard and NewsVoir. The transaction was officially announced on September 24, 2026, with the financial details of the deal remaining undisclosed by the companies. The deal combines Anarock's real estate advisory and transaction capabilities with DSP's architecture, master planning and interior design expertise across India. As per NewsVoir, this brings together real estate advisory & transaction capabilities of Anarock Group with over three decades of design legacy of DSP, positioning the combined entity to offer clients an integrated, end-to-end real estate & design proposition across India and select overseas markets.
DSP Design Associates operates across Mumbai, Bengaluru, Pune, the National Capital Region (NCR) and Hyderabad, with more than 320 professionals in India, as reported by Business Standard. The firm has delivered more than 1,000 projects across geographies and currently has more than 125 million square feet of ongoing projects. The firm has achieved significant global recognition, being ranked 42nd-largest architectural practice globally on the WA100 2026 list and 5th-largest interior design firm on International Giants List 2026, as reported by NewsVoir. The combined entity will offer an integrated real estate and design proposition across India and select overseas markets.
According to Business Standard, DSP will continue to be led by its founding leadership, with overarching guidance from Anarock. This structure ensures continuity in the brand, management, client relationships and design excellence culture following the transaction. As per NewsVoir, Bimal Desai, Co-Founder and Principal of DSP Design Associates, stated that while the foundation remains unchanged, Anarock now gives them the platform to expand across new geographies and service lines. The partnership allows DSP to scale higher and faster while staying true to its design philosophy and client relationships built over decades.
As reported by Business Standard, Anuj Puri, founder and chairman of Anarock Group, stated that DSP's design pedigree and blue-chip client base make it a natural extension of the Anarock real estate ecosystem. According to NewsVoir, Puri emphasized that the acquisition is a logical fit for and furtherance of their Project Management & Engineering Services (PMES) and advisory business lines, allowing them to scale faster while amplifying the scope of services offered to clients. The partnership enables Anarock to offer developers and corporates a seamless journey from site selection and transactions to design and build, unlocking significant value across the asset lifecycle.
DSP's practice spans master planning, architecture, interior design and design-build services across commercial IT parks, mixed-use developments, residential, retail and hospitality sectors, with over 125 million square feet of ongoing projects. The firm's interior design arm has worked with 50 Fortune 500 companies, offering both design consultancy and design-and-build services through a curated contractor panel, with marquee clients spread across global technology, financial and professional services, and life-sciences organisations, as reported by NewsVoir. On the commercial side, the firm has worked with CapitaLand, Mapletree, Sattva, Tata Realty, Bagmane Developers & Purvankara, while on residential and mixed-use projects, DSP has collaborated with leading developers including Adani Realty, L&T Realty, Emaar and Piramal Realty.
