16 Jul 2026
Aurum PropTech will acquire Locon Solutions, the parent of property portal Housing.com, from REA India in an all-equity deal worth 458 crore rupees.
Locon Solutions owns and operates Housing.com, one of India's largest online real-estate marketplaces with more than 58 million monthly visits. The deal is a share swap rather than cash: Aurum issues about 1.98 crore shares, roughly 20.5 percent of its enlarged capital, and REA India's stake in Aurum rises to 24.9 percent. Paying in stock means Aurum adds Housing.com's traffic and listings without a cash outflow, while REA India shifts from owning the asset to owning a large slice of the buyer. The transaction is expected to close before 30 September 2026.