Aurum PropTech to Acquire Locon Solutions for ₹458 Crore

In a major expansion of its real estate portfolio, Aurum PropTech Limited has announced the acquisition of 100% of Locon Solutions Private Limited from REA India, set to be finalized through a preferential share issuance.

MUMBAI — Aurum PropTech Limited has officially disclosed its plan to acquire 100% of the paid-up share capital of Locon Solutions Private Limited, a move aimed at consolidating its position within India's residential real estate brokerage and digital marketplace sector. The total consideration for the acquisition is valued at approximately ₹458 crore.

Strategic Share Swap Deal

According to a regulatory filing submitted to the National Stock Exchange (NSE) on July 16, 2026, the acquisition will be discharged through the issuance of 1,97,93,309 fully paid-up equity shares of Aurum PropTech on a preferential basis to REA India. This all-stock transaction represents a strategic alignment between the two entities, further integrating digital brokerage capabilities into Aurum’s existing full-stack PropTech ecosystem.

Market Context and Corporate Impact

This acquisition follows a series of strategic consolidations by Aurum PropTech, including the previous acquisition of PropTiger in 2025 and the merger of its wholly-owned subsidiaries, Aurum Softwares and Solutions and Liv Real Solutions, earlier this year.

Locon Solutions, which operates India's leading real estate marketplace, Housing.com, brings substantial scale to the deal. With an authorized share capital of over ₹68 crore and a turnover reported at ₹687.46 crore as of March 31, 2025, the target entity represents a significant addition to Aurum PropTech’s addressable market. The acquisition is not classified as a related-party transaction, and the company has confirmed that its promoters hold no interest in Locon Solutions.

Next Steps for Shareholders

The board of directors has approved the transaction, and the company has scheduled an Extraordinary General Meeting (EGM) for August 14, 2026. Shareholders are set to vote on the approval of the preferential issue via video conferencing, in compliance with SEBI and Companies Act regulations.

Key Facts at a Glance

• Acquisition Target: 100% stake in Locon Solutions Private Limited (operator of Housing.com).

• Deal Value: ₹458 crore.

• Consideration: Issuance of 1,97,93,309 equity shares (face value ₹5 each) to REA India.

• Regulatory Milestone: EGM scheduled for August 14, 2026, to finalize the preferential issue.

• Market Position: The acquisition strengthens Aurum PropTech's integrated real estate distribution and digital brokerage services.

FAQ

What is the purpose of the acquisition? The acquisition aims to consolidate Aurum PropTech's footprint in the Indian residential real estate market by integrating the digital capabilities and brokerage infrastructure of Locon Solutions.

How will the acquisition be funded? The transaction is an all-stock deal. Aurum PropTech will issue approximately 1.98 crore equity shares to REA India to discharge the purchase consideration.

Is this a related party transaction? No, the company has officially confirmed that the acquisition is an arm’s length transaction and does not involve any interest from the company's promoters or promoter group.

Source: NSE Corporate Disclosure – Aurum PropTech (July 16, 2026)