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ANAROCK partners with Faithlane to establish Indian retail advisory firm

Indian real estate services firm ANAROCK Property Consultants Pte. Ltd. partnered with Faithlane Property Consultants to create a new retail advisory firmto tap into the country's US$700 billion retail market through its consultancy services.

Anuj Kejriwal, who will serve as CEO and managing director of the new entity, ANAROCK Retail, said the services offered by the company will have "several highly positive market impacts, resulting in fewer 'dead' malls and more thriving ones."

The new retail division will be active across ANAROCK's 10 Indian city offices and in Dubai, with growth potential in new regions.