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Housing.com's parent REA India's revenue rises 31% to Rs 563 crore in FY24

Business Standard LogoBusiness Standard5h ago

Housing.com's parent REA India's revenue rises 31% to Rs 563 crore in FY24 - Business Standard

Quick Summary:

Revenue of REA India -- owner of Housing.com and PropTiger -- rose 31 per cent in the last fiscal ended June to Rs 563 crore helped by strong demand for residential properties, its CEO Dhruv Agarwala said.

REA India, which is part of Australia's publicly listed firm REA, is a full-stack real estate technology firm and owns two online classified advertisement platforms Housing.com and Makaan.com as well as housing brokerage PropTiger.

The success of our online events, which achieved record collections, reflects our strong market presence and the effectiveness of our strategy".


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 14:15:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22028890

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 221 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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