Square Yards Eyes IPO in 12–18 Months, Sets Ambitious ₹3,000 Cr Revenue Target
Indian proptech major Square Yards is accelerating toward a public market debut, with the company setting its sights on an IPO within the next 12 to 18 months. The real estate services platform has also laid out an ambitious revenue target of ₹3,000 crore, signaling a bold growth trajectory as it prepares to enter the next chapter of its journey.
A Full-Stack Real Estate Platform on the Rise
Founded with the vision of simplifying real estate transactions in India, Square Yards has evolved into a comprehensive proptech ecosystem. The platform spans primary and secondary property sales, rentals, mortgage services, and home financing through its fintech arm, Urban Money. This integrated approach has allowed Square Yards to capture multiple revenue streams across the homebuying journey — from discovery to loan disbursement.
With a presence across major Indian cities and select international markets, Square Yards has positioned itself as one of the country's most diversified real estate platforms. Its Urban Money vertical, which facilitates home loans and financial products, has been a key growth driver, tapping into India's rapidly expanding mortgage market.
Pre-IPO Momentum Builds
The company has raised $95 million in Pre-IPO funding, a significant capital infusion that is expected to fuel technology investments, geographic expansion, and the strengthening of its financial services offerings ahead of the public listing. The fundraise underscores strong investor confidence in Square Yards' business model at a time when India's real estate sector is witnessing robust demand, particularly in the residential segment.
India's proptech space has been gaining considerable traction, with rising urbanization, a growing middle class, and increased digital adoption transforming how consumers search for, buy, and finance homes. Square Yards is well-placed to capitalize on this structural shift.
What's Next
As Square Yards marches toward its IPO, all eyes will be on whether the company can hit its ₹3,000 crore revenue milestone — a figure that would firmly establish it among India's top real estate services companies. The public listing, if executed within the projected timeline, could also serve as a landmark moment for India's proptech ecosystem, potentially opening the door for increased institutional interest in the sector.
For now, Square Yards appears laser-focused on scaling operations, deepening its financial services play, and building the kind of track record that public market investors expect.