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Wire · operational-macro

Aurum PropTech Allocates ₹458.06 Crore Shares To REA India For Locon Solutions Acquisition

30 September 2026 · By · Wire by Fusion42

Published

30 September 2026

Topic

operational-macro

◆ Sectors

Proptech

◆ Geography

India

◆ Source

Read at sahi.com →

◆ Verified

Fusion42 · 30 September 2026 · Fusion42 review

Aurum PropTech has completed a ₹458.06 crore all-equity acquisition of Locon Solutions, owner of Housing.com, issuing 1.98 crore shares to REA India which raised their stake in Aurum to 24.90%. The transaction strengthens Aurum's proptech ecosystem while facing integration challenges due to Locon Solutions' revenue decline.

This Wire brief sits within Fusion42's coverage of Proptech.

◆ ◆ The Wire takeaway

You should prepare for consolidation moves in Indian proptech as Aurum's acquisition of Housing.com opens consumer volume and tech integration plays, but watch out for near-term revenue pressure from Locon Solutions' decline.

◆ Coverage

1 source · 30 Sep 2026

◆ Related on Wire

◆ Topics

Proptechproptechacquisitionequity-dealreal-estatemarket-consolidation