Housing.com to hire about 200 people in FY'23; to invest in tech, promotion

Realty portal Housing.com will hire about 200 people this fiscal to strengthen its team, besides investing in technology as well as brand promotion to become the clear market leader, its CEO Dhruv Agarwala said.

REA India, part of Australia's REA Group and US-based News Corp, owns three real estate portals -- Housing.com, PropTiger and Makaan.com.

In an interview with PTI, Agarwala highlighted that the turnover of REA India rose 92 per cent during 2021-22 fiscal (July-June) to nearly Rs 300 crore.

Housing.com -- one of the leading real estate classified platforms in India -- contributed around 80 per cent to the total revenue, and housing brokerage platform PropTiger.com the balance 20 per cent. Makaan.com's revenue was negligible.

REA India will continue to invest in technology, brand promotion and talent acquisition to grow Housing.com business. It has already announced Rs 40 crore investment in FY'23 for Housing.com and could raise it further looking at competitors.

At present,