Square Yards

Proptech platform Square Yards reported a robust 47 percent year-on-year increase in revenue for the third quarter, reaching Rs. 526 crore, reflecting sustained momentum in India’s residential real estate market. The performance underscores growing demand for integrated property advisory and transaction services, particularly in high-growth urban corridors. The company attributed the expansion to stronger homebuyer sentiment, digital lead conversion, and cross-border investment flows.

Square Yards, a leading integrated real estate platform, reported a robust 45% year-on-year growth in consolidated revenue for the first quarter of FY25, reaching Rs 378 crore. The performance underscores strong demand across property sales, mortgage distribution, and allied services. With an expanding presence in India and key global markets, the company continues to benefit from sustained housing demand, digital adoption in real estate transactions, and its diversified service portfolio.

In a high-profile real estate transaction, Indian cricketer KL Rahul and Bollywood actor Suniel Shetty have jointly acquired a substantial 7-acre land parcel in Thane, near Mumbai, for Rs. 9.85 crore. The deal, finalized in March 2025, covers part of a larger 30-acre plot located in the rapidly developing region of Owale, Thane West. Facilitated and verified by property consultancy Square Yards, the transaction reflects growing interest among celebrities and high-net-worth individuals in strategic land acquisitions.