In the last fiscal year ending June, REA India, the parent company of Housing.com, reported a remarkable 25% surge in revenue, reaching Rs 711 crore (AUD 129.2 million). This performance comes at a time when residential real estate demand in India continues to rise, pushing digital platforms to the forefront of property discovery.
REA India, a full-stack real estate technology firm that also owns Makaan.com, recently announced its decision to divest its housing brokerage arm, PropTiger. The move highlights a clear strategy to focus on scaling Housing.com and strengthening its digital-first approach.
The company’s EBITDA loss narrowed significantly, reducing to AUD 28.4 million in FY25 from AUD 35.8 million in FY24. This shift reflects not only improved financial discipline but also growing market traction for its platforms.
“FY25 has been a landmark year of growth and strategic clarity for us. Our focus remains firmly on delivering a superior consumer experience by using technology to address real-world challenges in the home-buying journey—from improving listing quality and accuracy to simplifying discovery and decision-making,” said Praveen Sharma, CEO of REA India.
During the same fiscal, REA India recorded a 19% rise in app traffic and a 58% increase in verified listings. With deeper penetration into Tier-2 cities, the company is positioning itself to capture a larger share of India’s evolving property market.
The proposed divestment of PropTiger will allow REA India to channel its resources into Housing.com’s growth trajectory. Just last month, Aurum PropTech Ltd announced the acquisition of PropTiger from REA Group for Rs 86.45 crore, issuing preferential shares as part of the deal. This strategic move underscores the evolving landscape of Indian proptech.
As REA India continues to innovate across its platforms, the focus remains on profitable growth and long-term value creation. By strengthening Housing.com and leveraging consumer-first technology, the company is set to remain a major player in India’s real estate technology transformation.
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