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Anarock Acquires 51percent Stake in Architecture & Interior Design Firm, DSP Design Associates

BusinessK Puspa24 Sept 2026

Mumbai, Sep 24: Anarock, one of India’s real estate services companies, today announced the acquisition of a 51% stake in DSP Design Associates, a multidisciplinary architecture, master planning, and interior design practice. This deal brings together real estate advisory & transaction capabilities of Anarock Group with over three decades of design legacy of DSP, which we believe positions the combined entity to offer clients an integrated, end-to-end real estate & design proposition across India and select overseas markets.

DSP Design Associates, over the years has built a strong presence across Mumbai, Bengaluru, Pune, NCR, and Hyderabad, supported by 320+ professionals in India. The firm has delivered over 1,000 projects across geographies and is ranked 42nd-largest architectural practice globally on the WA100 2026 list, and 5th-largest interior design firm on International Giants List 2026.
DSP will continue to be led by its founding leadership with overarching guidance from Anarock, ensuring continuity in brand, management, client relationships, and design excellence culture following the transaction.

Anarock Acquires 51% Stake in Architecture & Interior Design Firm, DSP Design Associates

"DSP's design pedigree and blue-chip client base make it a natural extension of the Anarock real estate ecosystem. It is a logical fit for and furtherance of our Project Management & Engineering Services and advisory business lines and allows us to scale faster while staying true to and amplifying scope of services we offer to our clients. Together, we can offer developers and corporates a seamless journey from site selection and transactions to design and build, unlocking significant value across the asset lifecycle," said Anuj Puri, Founder & Chairman, Anarock Group.

Anarock Acquires 51% Stake in Architecture & Interior Design Firm, DSP Design Associates

"This partnership allows us to scale higher and faster while staying true to the design philosophy and client relationships we have built over decades. While the foundation we have built remains unchanged, Anarock now gives us the platform to expand across new geographies and service lines." said Bimal Desai, Co-Founder and Principal, DSP Design Associates.

DSP's practice spans three core capabilities - master planning, architecture, and interior design & design-build services across commercial IT parks, mixed-use developments, residential, retail and hospitality sectors, with over 125 million sft of ongoing projects. On the commercial side, the firm has worked with CapitaLand, Mapletree, Sattva, Tata Realty, Bagmane Developers & Purvankara, to name a few. On residential and mixed-use projects, DSP has worked with leading developers including Adani Realty, L&T Realty, Emaar and Piramal Realty, among others.

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.