Anarock acquires 51% stake in architecture and interior design firm DSP Design Associates

Anarock has acquired a 51% stake in DSP Design Associates, a multidisciplinary architecture, master planning and interior design practice. The acquisition combines Anarock Group’s real estate advisory and transaction capabilities with DSP’s design expertise 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.

Anuj Puri, Founder & Chairman, Anarock Group, said, “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 (PMES) 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.”

Bimal Desai, Co-Founder and Principal, DSP Design Associates, said, “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.” 

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.