In a significant leadership change, Dhruv Agarwala, the CEO of REA India, which owns prominent real estate platforms Housing.com and PropTiger.com, has announced his resignation after a remarkable 14-year tenure. This move marks the end of an era for Agarwala, who co-founded PropTiger in 2011, a company that was later acquired by REA Group in 2020, following its initial investment in 2017.
In an official statement issued by REA Group, the company confirmed Agarwala’s decision to step down. “Agarwala will remain with the business to support the appointment of his successor and ensure a smooth leadership transition before departing. A comprehensive process to appoint a new CEO is underway,” the statement read.
During his time at the helm of REA India, Agarwala played a pivotal role in the successful acquisition of Housing.com, guiding its seamless integration into the company’s portfolio. His leadership was instrumental in steering the company to its current stature in the competitive Indian real estate sector.
Despite stepping down as CEO, Agarwala will continue to support the company through the transition period, ensuring that the leadership change is executed smoothly and efficiently. REA India is now embarking on a search to find a new CEO who will take the company to its next phase of growth.
This transition comes at a time when Housing.com and PropTiger.com are continuing to expand their reach and impact in the real estate technology sector, setting the stage for the next chapter of innovation and development under new leadership.
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