Aurum PropTech to Acquire Housing.com Parent Locon Solutions, Fuels PropTech Vision

BY ADMIN • FILED 16 Jul 2026, 1:05 PM

Aurum PropTech Limited has approved the acquisition of 100% of Locon Solutions Private Limited, the parent company of Housing.com, in a strategic move that could reshape India’s rapidly growing proptech landscape.

The decision was approved by the company’s Board of Directors at its meeting held on July 16, 2026. Through the proposed acquisition, Aurum PropTech aims to build an integrated digital real estate ecosystem that combines property discovery, transactions, brokerage, rentals, and technology services on a single platform.

100% Acquisition of Locon Solutions

The proposed transaction involves the acquisition of the entire equity share capital, compulsorily convertible preference shares (CCPS), and debentures of Locon Solutions Private Limited from REA India Pte. Limited.

Locon Solutions, which operates Housing.com, reported a turnover of ₹687.46 crore for the financial year ended March 31, 2025, making it one of India’s leading digital real estate platforms.

Share Swap Transaction

As consideration for the acquisition, Aurum PropTech will issue 1,97,93,309 fully paid-up equity shares to REA India Pte. Limited on a preferential basis.

The transaction is structured as a share swap, allowing REA India to become a shareholder in Aurum PropTech following the completion of the acquisition.

Building an Integrated PropTech Platform

According to the company, the acquisition is intended to create a unified technology platform covering the entire real estate value chain.

Aurum PropTech plans to integrate:

Property marketplace services
Residential and commercial transactions
Brokerage solutions
Rental platforms
Developer inventory
AI-driven analytics and data intelligence

The company believes that combining these capabilities will create a comprehensive digital ecosystem that enhances customer experience while improving efficiency for developers, brokers, and homebuyers.

Board Also Approves Preferential Warrants

Alongside the acquisition, the Board approved the issuance of 51 lakh fully convertible warrants to Aurum RealEstate Developers Limited, a promoter and existing shareholder.

The warrants will be issued on a preferential basis at ₹231.42 per warrant, aggregating to more than ₹118 crore, subject to shareholder approval.

Articles of Association to be Amended

The Board also approved amendments to the company’s Articles of Association (AoA) to incorporate provisions relating to tag-along rights, strengthening the governance framework following the proposed transaction.

Shareholder Approval Required

The acquisition, preferential allotment of equity shares and warrants, and amendments to the Articles of Association are all subject to shareholder approval.

To seek these approvals, Aurum PropTech has convened an Extraordinary General Meeting (EGM) on August 14, 2026.