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Acquisition · Professional & Local Services

Aurum PropTech buys Housing.com parent for ₹458 crore

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Date
Company
Aurum PropTech
What it does
Real estate technology platform
Kind
Acquisition
Amount
₹458 crore
Sector
Professional & Local Services

What they do

Aurum PropTech operates a platform for property discovery, transactions, financing, rentals and management

What happened

It acquired 100% of Locon Solutions, owner of Housing.com, from REA Group in an all-equity deal valued at ₹458 crore

Why it matters

The deal is among the largest in the proptech space and follows Aurum's earlier acquisitions of PropTiger and NestAway

The details

  • Aurum PropTech has acquired 100% of Locon Solutions, the parent company of Housing.com, from REA Group.
  • The deal is an all-equity transaction with an enterprise value of ₹458 crore.
  • Aurum issued 1.98 crore of its equity shares to REA India at ₹231.42 per share as consideration.
  • Post-deal, REA India's stake in Aurum PropTech rises from 5.54% to 24.9%.
  • Aurum PropTech also approved 51 lakh fully convertible warrants to promoter Aurum RealEstate Developers at ₹231.42 each, aggregating up to ₹118 crore.
  • The promoter group's holding post-warrants will be 41.17% on a fully diluted basis.
  • This acquisition follows Aurum's earlier purchases of PropTiger (Sep 2025) and NestAway (Jun 2023).

The bigger picture

  • The deal is described as among the biggest in the proptech space.
  • Housing.com was founded in 2012 and has been a major property listings platform.
  • Aurum has been actively acquiring real estate tech companies, including PropTiger and NestAway.

About the business

  • Aurum PropTech runs a platform that covers property discovery, transactions, financing, rentals and management across the real estate life cycle.
  • Housing.com is an online real estate marketplace offering property listings, digital ads, lead generation, content, home loan brokerage and visualization products.
  • Locon Solutions reported unaudited revenue of ₹309.9 crore in FY26.
  • Its turnover was ₹687.5 crore in FY25 and ₹447.5 crore in FY24.

The deal

Type
acquisition

Investors

  • REA Group (seller) — REA Group is an Australian digital real estate advertising company. It sold its stake in Locon Solutions to Aurum PropTech.

Founders

  • Ashish Deora, Founder and CEO of Aurum Ventures

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