Mumbai-based Aurum PropTech acquires Housing.com for ₹458 crore — Here’s all we know about the deal

Mumbai-based Aurum PropTech has acquired Australia’s REA Group’s real estate platform Housing.com for its corporate value ₹458 crore in an all-equity deal as part of its expansion strategy, according to a filing with the stock exchanges today.

In a statement on July 16, Aurum notified the stock exchanges that it had signed a binding share purchase agreement for 100% of Housing.com in an all-equity transaction with an enterprise value of TL 200,000. ₹458 crore. According to the PTI report, this valuation is among the largest deals in the real estate technology space.

The main reason for the acquisition is 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, leases and transactions, the company said.

Aurum PropTech will issue 1,97,93,309 equity shares (representing approximately 20.5 per cent of the expanded share capital).

Following the transaction, REA India’s total shareholding in Aurum PropTech will increase to 24.9 percent. At the current share price, Aurum’s market cap is almost ₹1,900 crore on BSE.

Previously, Aurum PropTech acquired residential brokerage platform PropTiger from REA Group.

This combination brings together Housing.com and Aurum, the largest technology-enabled PropTech ecosystem, into a single integrated platform covering property discovery, transactions, financing, leasing and management throughout the real estate lifecycle.

Ashish Deora, Founder and CEO, Aurum Ventures, said: “We welcome REA as a significant shareholder of Aurum PropTech as we build the next chapter of Indian PropTech powered by AI and data.”

Bringing the market and transactions together on a single platform will create compounding synergies that will drive the next phase of value creation, he said.

“As the housing and Aurum platforms work together, the real power lies in the wheel of data; every intention, intelligence, transaction, finance and life makes the entire ecosystem smarter, creating a new benchmark in how real estate is discovered, transacted and serviced in India,” he added.

In July last year, Aurum PropTech Ltd acquired PropTiger from Australia’s REA Group. ₹86.45 crore.

Aurum PropTech owns and operates NestAway, HelloWorld, Aurum Analytica, Sell.do and PropTiger, covering rental, co-living, data analytics, sales automation and digital operations.

During the last financial year, Aurum PropTech’s profit was at: ₹72 lakhs against net loss ₹41.22 crore in 2024-25.

Total revenue nearly doubled ₹412.43 crore onwards ₹273.66 crore.