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Square Yards revenue up 49% to Rs 1,004 crore in FY24, Real Estate News, ET RealEstate

Square Yards also has a presence in Dubai and some other countries, Its revenue stood at Rs 672.4 crore in the preceding 2022-23 fiscal.

Square Yards reports Rs 1,000 crore revenue in FY 24

Square Yards reported robust financial performance in FY 24, achieving EBITDA profitability and strong revenue growth. Tanuj Shori leads the company with diverse revenue sources. The company targets further growth in FY25.

Proptech Square Yards tops $100-mn annual revenue mark

Delhi-based proptech startup Square Yards, which is expected to file its listing documents with capital markets regulator soon, has topped the $100-million (Rs 834 crore) ..

Square Yards: Integrated real estate platform Square Yards, has reported Rs 247 crore revenue during Q3 FY24, up 53% Y-o-Y

Integrated real estate platform Square Yards reported a revenue of Rs 247 crore during Q3 FY24, marking a 53% YoY increase. The Gross Transaction Value (GTV) reached Rs 10,574 crore, up 85% YoY, contributing to the company s 9-month revenue for FY24, which now stands at Rs 644 crore. Fintech and real estate services fueled the momentum, constituting 90% of the overall revenue. Financial Services exhibited a 2x growth run rate of USD 300 million disbursals per month, while real estate services picked up with a 36% YoY increase.

Technology can spee dup Constrcution, Reduce Costs and make labour more efficient and sustainable: BRIGADE REAP PROPAGATE 2023

PropsAMC helps 300 homebuyers recover Rs 100 cr from legal disputes with developers

Square Yard's PropsAMC recovers Rs 100 cr in homebuyer disputes

PropsAMC has digitized over 20 million property registration records and property titles making this information public and accessible to the end users.

square yards: Square Yards reports 60% Y-o-Y increase in revenue during Q2 FY24

The Gross Transaction Value (GTV) stood at Rs 9169 crore, up 77% Y-o-Y, while number of transactions grew 143% to 40,757. “The continued growth with improvement in economics is testament to ecosystem build up strategy. With this we have become first proptech player to cross USD 100mn milestone," said Tanuj Shori, Founder and CEO, Square Yards.

Square Yards revenue jumps 60% to Rs 225 cr, becomes first proptech to hit $100-mn mark

Square Yards’ search and discovery portal squareyards.com continued to gain market share with average traffic at 8 million + visitors/month, said the company.

Prestige Group announces foray into virtual space of Metaverse

While classified platforms or online real estate listings can be a thing of the past, experts say the metaverse, or virtual reality, is the future.