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REA group acquires controlling stake in Housing.com, Makaan owner Elara

Shortpedia

Content Team
Image Credit: Shortpedia

Australia-based real estate advertising company REA Technologies has acquired a majority stake through a binding agreement in Singapore-based proptech company Elara Technologies which holds controlling stakes in real estate startups Housing.com, Makaan and PropTiger. Cofounder Dhruv Agarwala said that the company will be a standalone entity within REA after the deal and it will retain the current leadership team