Housing.com Parent Firm REA India Revenue Up 46%
13 Feb 2025 CW Team
Proptech firm REA India, the parent company of Housing.com and PropTiger, has recorded a 46% increase in revenue, reaching 64 million Australian dollars Rs 3.57 billion in the first half of FY25, ending June. This surge has helped the company narrow its losses.
REA India, a subsidiary of Australia's publicly listed REA Group, operates as a full-stack real estate technology firm. It owns two online classified
Growth and Expansion
Dhruv Agarwala, Group CEO of Housing.com & PropTiger, emphasized Housing.com’s strengthened market position as India's leading real estate app. He highlighted key performance indicators, including:
- A 37% year-on-year (YoY) increase in app traffic,
- A 143% surge in monthly app sessions,
- Expansion into seven new Tier 2 cities.
These metrics showcase the platform’s success in redefining the digital property experience through an app-first strategy.
Industry Impact
REA India’s sustained growth underscores the increasing adoption of digital real estate platforms in India. The company’s expansion into new cities and enhanced user engagement further solidify its leadership in the sector.