ANAROCK appoints Shajai Jacob as CEO of GCC

ANAROCK Property Consultants has appointed Shajai Jacob as Chief Executive Officer - GCC (Middle East) to oversee the firm's brokerage operations across the Middle East & North African countries. Jacob has moved from international property consultancy JLL India where he was executive director & head - marketing (West Asia). "We are excited to have Shajai on board to spearhead our rapidly growing Middle Eastern business. He will expand our presence beyond our existing Dubai operations with 4 new offices in Oman, Bahrain, Saudi Arabia and Kuwait over the next 3 quarters,” said Anuj Puri, chairman of ANAROCK Property Consultants. ANAROCK has successfully tapped into the cross-border NRI interest from the Gulf countries for Indian real estate. As per ANAROCK's recent Consumer Sentiment Outlook survey, Indian real estate continues to be the favourite investment option for most NRIs. As many as 78% NRI respondents prefer real estate over other asset classes thanks to India's rebooted regulatory environment and the evergreen desire to own properties in their home country. "I am delighted to join Indian real estate's dream team under Anuj Puri and other leading industry stalwarts," says Shajai Jacob. "Growing ANAROCK's operations in the Middle East for both Indian and international properties is an exciting opportunity. While Dubai itself contributes 60% of the overall sales of Indian properties across the GCC region, this is only the tip of the iceberg,” Shajai said. Shajai has over 18 years of total experience with firms such as Hindustan Unilever, YES BANK, United Spirits, Kingfisher Airlines and Barista.