Aurum PropTech acquires Housing.com in ₹458 crore all-equity deal; stock falls 4%

Shares of Aurum PropTech ended 4% lower on Thursday after the Mumbai-based company announced the acquisition of online real estate platform Housing.com in an all-equity deal with an enterprise value of ₹458 crore. The transaction will bring Australia's REA Group, the owner of Housing.com, on board as a strategic shareholder.

Following the announcement, Aurum PropTech shares declined 4.05% to settle at ₹240.70 on the BSE, giving the company a market capitalisation of ₹1,837.69 crore.

Under the deal, Aurum PropTech will acquire 100% of Housing.com through the issuance of 1,97,93,309 equity shares, representing around 20.5% of its enlarged share capital. Following the transaction, REA India, a subsidiary of Australia's REA Group, will increase its stake in Aurum PropTech to 24.9%.

The acquisition combines Housing.com, one of India's largest digital real estate marketplaces, with Aurum PropTech's technology-led real estate ecosystem to create an integrated platform spanning property discovery, transactions, financing, rentals, and property management across the entire real estate lifecycle.

"The combination brings together Housing, India's leading real estate marketplace, and Aurum, the largest tech-enabled PropTech ecosystem, into one integrated platform spanning property discovery, transactions, financing, rentals, and management across the real estate lifecycle," Aurum PropTech said in a release.

According to the company, the combined platform aims to build an AI-native operating system for India's real estate sector by integrating consumer demand, developer inventory, brokerage activity, rentals, and transactions on a single technology architecture. The platform is expected to enhance customer experience through AI-driven discovery, matching, pricing, and decision-making.

Housing.com attracts more than 58 million average monthly visits and over 12 million monthly active users, while Aurum PropTech operates one of India's largest technology-enabled PropTech ecosystems.

Ashish Deora, Founder and CEO of Aurum Ventures, said the partnership marks the next phase of India's PropTech evolution.

"We welcome REA as a significant shareholder in Aurum PropTech as we build the next chapter of Indian PropTech, powered by AI and data. Housing.com is India's leading real estate marketplace, and Aurum is the largest tech-enabled transactions platform. Bringing the marketplace and transactions together on one platform will create compounding synergies that will drive the next phase of value creation," he said.

He added that integrating Housing.com with Aurum's platforms would create a powerful data flywheel, making the ecosystem smarter across property discovery, transactions, financing, and post-purchase services.

REA Group CEO Cameron McIntyre said Aurum's deep understanding of the Indian market and its technology capabilities make it well-positioned to scale the business further.

"Aurum has strong capability and local market knowledge to operate the India business effectively. We are confident it will be in the right hands and is well placed to build on the strong foundations the team has established," he said.

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