Acquisition History / Aurum PropTech Ltd / Locon Solutions Pvt Ltd (Housing.com)
Aurum PropTech Ltd Acquires Locon Solutions Pvt Ltd (Housing.com)
Announced July 16, 2026 — $51.8M
What happened
Aurum PropTech signed a binding share acquisition agreement for 100% of Locon Solutions, owner of the Housing.com brand, in an all-equity deal worth Rs 458 crore. Aurum issues 19,793,309 shares, about 20.5% of its enlarged capital, taking seller REA India's holding in Aurum to 24.9%. Aurum plans to build what it calls India's first AI-native real estate operating system.
- Acquirer
- Aurum PropTech Ltd
- Target
- Locon Solutions Pvt Ltd (Housing.com)
- Announced
- July 16, 2026
- Price
- $51.8M
- Industry
- Online real estate marketplace
- Buyer type
- Strategic acquirer
- Backing investors
- REA Group / REA India (seller)
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Aurum PropTech Ltd acquire Locon Solutions Pvt Ltd (Housing.com)?
Aurum PropTech Ltd acquired Locon Solutions Pvt Ltd (Housing.com) on July 16, 2026. This was Aurum PropTech Ltd's 2nd publicly tracked acquisition out of 2 we have on record.
How much did Aurum PropTech Ltd pay for Locon Solutions Pvt Ltd (Housing.com)?
Aurum PropTech Ltd paid $51.8M for Locon Solutions Pvt Ltd (Housing.com).
What does Locon Solutions Pvt Ltd (Housing.com) do?
Aurum PropTech signed a binding share acquisition agreement for 100% of Locon Solutions, owner of the Housing.com brand, in an all-equity deal worth Rs 458 crore. Aurum issues 19,793,309 shares, about 20.5% of its enlarged capital, taking seller REA India's holding in Aurum to 24.9%. Aurum plans to build what it calls India's first AI-native real estate operating system.
What other Online real estate marketplace companies has Aurum PropTech Ltd acquired?
Locon Solutions Pvt Ltd (Housing.com) is Aurum PropTech Ltd's only publicly tracked acquisition in Online real estate marketplace so far.