Mumbai-based technology company Aurum PropTech announced on Thursday, July 16, that it will acquire the entire stake in real estate marketplace platform Housing.com for approximately ₹458 crore through a strategic partnership with Australia-based REA Group. According to exchange filings, the board of directors approved the acquisition of 100% stake in Locon Solutions Private Limited, Housing.com's parent company, through a share-swap transaction with REA India Pte. Ltd. The acquisition will be funded through the issuance of 1,97,93,309 equity shares at ₹231.42 per share to REA India, representing 20.5% of the enlarged share capital. Following the completion of the deal, REA Group's total shareholding in Aurum PropTech will increase to 24.90% from the current 5.54% as of March 31, 2026. At the current share price, Aurum's market capitalisation is nearly ₹1,900 crore on the BSE. The transaction also includes the issuance of 51,00,000 fully convertible warrants to Aurum RealEstate Developers Limited, the promoter, at ₹231.42 per warrant to discharge the purchase consideration. As per the company's stock exchange filing, the acquisition aims to create a single AI and data architecture that becomes the operating layer for the entire real estate ecosystem, connecting consumer demand, developer inventory, brokerage business, rentals and transactions.
According to NSE data, Aurum PropTech shares closed at ₹241.19 on Thursday, down 3.84% from the previous close of ₹250.82, on traded volumes of 15.65 lakh shares worth ₹38.72 crore. The company's total market capitalisation stood at ₹1,832.84 crore at close. The stock has delivered impressive returns of more than 264% to investors over the last five years, over 85% gains in the last three years, and more than 27% returns in the past one year. On a year-to-date basis, the shares have surged 30% in the current calendar year and gained 24% in the last one-month period. The cashless acquisition strategy preserves Aurum's recently established debt-free status, as the company became completely debt-free on May 21, 2026, after completing the ₹112 crore sale of Buildings Q5 and Q6 to prepay its ₹56 crore Lease Rental Discounting facility.
The total cost of the acquisition amounts to ₹458.06 crore, as reported in the latest exchange filings. The acquisition is subject to approval from shareholders and necessary regulatory clearances, with completion expected before September 30, 2026. The transaction represents a significant strategic move that will transform Aurum PropTech's market position in the PropTech sector. This marks the company's second major acquisition from REA Group, following its earlier purchase of housing brokerage platform PropTiger from the same parent company for ₹86.45 crore in July last year. An Extraordinary General Meeting (EGM) is scheduled for August 14, 2026, to seek shareholder approval for these transactions, with the company also altering its Articles of Association to incorporate tag-along rights for REA India.
The acquisition aims to integrate Housing.com's property marketplace with Aurum's PropTech ecosystem, creating a unified AI- and data-driven real estate platform spanning property discovery, transactions, financing, rentals and management across the real estate life cycle. As reported by the company, the combination brings together Housing.com and Aurum - the largest tech-enabled PropTech ecosystem - into one integrated platform. Ashish Deora, Founder & CEO of Aurum Ventures, stated that integrating the Housing and Aurum platforms will create a smarter real estate ecosystem by combining customer intent, market intelligence, transactions, financing and property management. He emphasized that the real power lies in the data flywheel as Housing and Aurum platforms work together, every intent, intelligence, transaction, financing and living makes the whole ecosystem smarter, setting a new benchmark for how real estate is discovered, bought, financed and managed in India. The move is being seen as Aurum PropTech's attempt to build India's first artificial intelligence (AI)-native real estate operating system, with the rationale stemming from the opportunity to integrate Housing's more than 58 million average monthly visits and over 12 million monthly active users into Aurum's ecosystem, forming an end-to-end technology stack that powers every stage of the real estate life cycle.
The acquisition significantly expands Aurum PropTech's portfolio, which currently owns and operates NestAway, HelloWorld, Aurum Analytica, Sell.do, and PropTiger, spanning rentals, coliving, data analytics, sales automation, and digital transactions. The combined entity will create a comprehensive PropTech ecosystem for India, connecting consumer demand, developer inventory, brokerage business, rentals and transactions through a single AI and data architecture. Locon Solutions Private Limited, the acquired entity, reported a turnover of ₹687.46 crore for the financial year 2024-25, based on audited financial statements, operating as a leading real estate marketplace providing property listing services, digital marketing, and lead generation services. In the latest fiscal year, Aurum PropTech demonstrated strong financial performance with profit of ₹72 lakh against a net loss of ₹41.22 crore in 2024-25, while total income almost doubled to ₹412.43 crore from ₹273.66 crore. The company also announced the successful merger of its wholly owned subsidiaries, Aurum Softwares and Liv Real Solutions, on June 12, 2026.
