Property-tech platform Square Yards recorded a 43% year-on-year revenue rise to ₹455.5 crore in Q2, aided by fintech-adjacent offerings, stronger primary sales funnels, and deeper international channel partnerships. Management disclosed H1 EBITDA of ₹23 crore, reflecting operating leverage from higher-margin lines and platform efficiencies. As housing affordability stabilizes with income growth, cross-sell into mortgages, rentals, and allied services is expanding. Investors will watch lead-to-closure cycles, working-capital turns, and cash conversion as growth scales. With digital acquisition funnels improving, execution focus remains on productivity per agent, supply aggregation breadth, and recurring take-rate stabilization across geographies.