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Aurum PropTech LimitedJV/Acquisition, 16-07-2026: Acquisition

16-07-2026 | 12:10 pm

Aurum PropTech is acquiring 100% of Locon Solutions, the owner of Housing.com, for ₹458.06 Cr. This strategic deal aims to integrate Housing.com into Aurum's ecosystem, creating a unified AI and data architecture. The goal is to connect consumer demand, developer inventory, brokerage, rentals, and transactions across the real estate sector. The acquisition consideration is paid by issuing new equity shares to seller REA India, boosting their stake in Aurum to 24.90%. This move significantly enhances Aurum's market presence and tech capabilities.

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