Aurum PropTech to buy News Corp-backed Housing.com owner in Rs 458 cr share-swap

Aurum PropTech will acquire Housing. com from REA Group for Rs 458 crore. This significant consolidation move will create India's largest proptech company. REA India will become a substantial shareholder in Aurum PropTech after the transaction. The acquisition aims to build an integrated property ecosystem for home buyers. Shareholders will approve the deal at an extraordinary general meeting on August 14.