India, July 16 -- Mumbai-based Aurum PropTech Ltd on July 16 announced the acquisition of Housing.com, the real estate marketplace owned by Australia's REA Group, in an all-equity deal with an enterprise value of Rs.458 crore.In a regulatory filing, the Mumbai-based company said it has entered into a binding share acquisition agreement to acquire a 100% stake in Housing.com. Valued at an enterprise value of Rs.458 crore, the transaction is part of Aurum PropTech's strategy to expand its business and strengthen its digital real estate platform.

The transaction is subject to requisite approvals from regulatory/ statutory authorities and shareholders of the company, and is expected to be completed before September 30, 2026, the company said...