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Results · Real Estate & PropTech

Square Yards achieves ₹1,417 Cr revenue with 55% CAGR in real estate services

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Date
Company
Square Yards
What it does
real estate platform
Kind
Results
Amount
INR 1,417 Cr
Founded
2014
Sector
Real Estate & PropTech

What they do

Square Yards is a real estate platform that offers property search, transactions, financing, and post-sales services

What happened

The company reported ₹1,417 Cr revenue in FY25, growing at a 55% CAGR over the past four years

Why it matters

It earns through brokerage fees, loan commissions, and services like home interiors and property management

The details

  • Square Yards, founded in 2014, reported ₹1,417 Cr revenue in FY25, growing at a 55% CAGR over the past four years.
  • The company offers a full-stack real estate platform, facilitating the sale of both new and resale properties with a transaction-based monetisation model.
  • It charges a 5%+ average brokerage fee as a percentage of the unit sales value, handling $1.5 Bn+ in annual property sales through in-house agents.
  • Square Yards also operates a fintech arm called Urban Money, which facilitates home loans, LAPs, personal and business loans, and insurance products.
  • Urban Money facilitated loan disbursal of ₹61,000 Cr in FY25, earning a percentage-based commission from financial institutions.
  • The company runs Interior Company, a tech-led platform for interior design and home renovation, delivering over 5,000 homes to date.
  • Square Yards offers digital products like PropVR, Azuro, and Square Connect, which provide immersive property experiences, property management, and real estate aggregation.
  • In FY25, the company’s revenue grew 40% from ₹1,009 Cr to ₹1,417 Cr, with Gross Transaction Value (GTV) increasing 45% to ₹59,093 Cr.
  • The company has improved its financial health by reducing EBITDA losses and achieving profitability.

The bigger picture

  • Square Yards chose to focus on first-time buyers in a more populated market, which provided a larger pool for monetising leads through multi-product sales.
  • The company built effective relationships with Grade-A developers, contributing up to 5-10% of their total sales through its platform.
  • Square Yards' strategic service profile with four categories includes proptech, fintech, interior design, and digital services, enabling a diversified revenue model.

About the business

  • Square Yards is a real estate platform that facilitates property search, transactions, financing, and post-sales services.
  • It operates a full-stack real estate platform, handling both new and resale property sales with a transaction-based monetisation model.
  • The company earns revenue through brokerage fees, loan disbursement commissions, and services like home interiors and property management.
  • It has a fintech arm, Urban Money, which facilitates home loans, LAPs, personal and business loans, and insurance products.
  • Square Yards also runs Interior Company, a tech-led platform for interior design and home renovation, delivering over 5,000 homes to date.
  • The company offers digital products like PropVR, Azuro, and Square Connect, which provide immersive property experiences, property management, and real estate aggregation.
  • In FY25, the company’s revenue grew 40% from ₹1,009 Cr to ₹1,417 Cr, with Gross Transaction Value (GTV) increasing 45% to ₹59,093 Cr.

The deal

Type
results

Founders

  • Tanuj Shori, co-founder
  • Kanika Gupta Shori, co-founder

About Square Yards

Product
based proptech startup
Customers
Home buyers, property developers, real estate brokers, and loan seekers
How it makes money
Earns commissions on primary real estate sales and mortgage disbursements, plus interior design fees
What sets it apart
Full-stack integration covering real estate listings, mortgage distribution, and post-possession interior solutions

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