Blox acquires Plinthstone REMA at $1.5 million
Blox, a tech platform that aids in the home-buying process, has paid USD 1.5 million for real estate consultancy firm Plinthstone REMA. Plinthstone, a real estate advising firm launched in January 2021, has completed four mandates totaling over Rs 200 crore in sales volume.
The deal's amount was not disclosed by Blox. According to market sources, the amount is roughly USD 1.5 million.
Blox has over 300 developers on its platform and is now working on over 700 projects in Mumbai and Thane.