Rahul Yadav, the former CEO of Housing.com, is now all set to start his new inning with ANAROCK Property Consultants as a Chief Product and Technology Officer.
ANAROCK Property Consultants is a newly launched real estate investment and fund platform by Anuj Puri, former Chairman & Country Head of international property consultancy JLL India. The platform is targeting a total portfolio value of $500 million for its fund business by 2020.
Commenting on Rahul’s appointment Anuj Puri, Chairman of ANAROCK Property Consultants said, “This appointment is in line with ANAROCK’s highly technology-driven orientation and business model for its residential advisory services.”
“The online real estate business is still in its fledgling stage in India, and we are taking the lead on boosting it into maturity. So far, the real estate sector has not been able to emulate the success of ecommerce for consumer durables and services. We intend to change that, and Rahul Yadav’s experience in harnessing the consumer housing market at via technology will add the key element. The cutting-edge and highly consumer-focused technology platform and support infrastructure we will build here will bring in a complete transformation of the residential property business,” he added.
Yadav will be based out of ANAROCK’s Mumbai offices in Bandra-Kurla Complex. In his new role, he will be responsible for the development of a technology-driven online brokerage platform for Puri’s venture that would eventually attract international investments.
Commenting on his appointment, he says, “I consider my appointment as Chief Product & Technology Officer at ANAROCK Property Consultants the logical next step in my career, and it is of course a complete privilege to work with an outstanding industry leader like Anuj Puri. Given my product and technology background, I am fascinated by the highly tech-driven approach that ANAROCK is adopting for its residential real estate business, and I already feel very much at home here. I am extremely excited as I look at the immediate and long-term future of this company as a result of these innovations.”
Previously, Rahul Yadav has demonstrated outstanding success in setting up of a real estate search portal wherein prospective buyers can conduct housing searches based on geography, unit size and various other key factors. He has pioneered the verified listings and data approach to the online real estate business in India.
As the brain behind a highly successful, technology-intensive platform, Rahul Yadav’s credentials are well-established. Before joining Anarock, Rahul also advised Lodha Group for a brief period.