Aurum PropTech to acquire Housing.com in all-equity deal, aims to integrate AI-led real estate platform
Mumbai, July 16 -- Aurum PropTech Ltd has signed a binding agreement to acquire 100 per cent of Housing.com in an all-equity transaction, a move that the company said will integrate property discovery, transactions, financing and rentals on a single technology platform, while REA India will increase its stake in Aurum PropTech to 24.9 per cent following the deal.
In the exchange filing, Aurum PropTech said its board has approved the acquisition of 100 per cent of Locon Solutions Private Limited, which owns Housing.com, for Rs 458.06 crore through a share swap arrangement, subject to shareholder and regulatory approvals. The company said the transaction is expected to be completed before September 30, 2026.
The board has also approved th...
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