REA India revenue up 31 percent to Rs 563 cr in FY'24

REA India, owner of Housing.com, Makaan.com, and PropTiger, reported a 31% revenue increase to ₹563 crore for the fiscal year ending June 2024. CEO Dhruv Agarwala highlighted strong demand for residential properties and growth in advertising and brokerage services. The company also saw a 45% rise in-app traffic and a 9% reduction in EBITDA losses.

Aug 12, 2024 - 10:30
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REA India revenue up 31 percent to Rs 563 cr in FY'24
REA India, owner of Housing.com, Makaan.com, and PropTiger, reported a 31% revenue increase to ₹563 crore for the fiscal year ending June 2024. CEO Dhruv Agarwala highlighted strong demand for residential properties and growth in advertising and brokerage services. The company also saw a 45% rise in-app traffic and a 9% reduction in EBITDA losses.

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