Mumbai, July 16 -- The acquisition will be funded through the preferential allotment of 1.98 crore equity shares of the company at Rs 231.42 per share to REA India. This would increase REA India's shareholding in Aurum PropTech to 24.9% from 5.53% as on 31 March 2026.

The proposed acquisition is aimed at integrating Housing.com's property marketplace with Aurum's PropTech ecosystem. This would create a unified AI- and data-driven real estate platform spanning property discovery, developer inventory, brokerage, rentals and transaction services.

The transaction is expected to be completed by 30 September 30, 2026, subject to regulatory, statutory and shareholder approvals.

Separately, the company's board has approved the issuance of 51 l...