The India Proptech Market
A growing reliance on cutting-edge technology-based real estate solutions and services
Advances in IoT and associated use cases in data gathering and analysis have given data-driven decision making a considerable boost. Any industrial, commercial, or residential setting may be automated to collect and analyse data on water and energy consumption, movement and occupancy, and machine health and productivity. The residential segment of the Proptech business has grown significantly. This information can assist decision-makers who want to boost output, and have a positive impact on the environment.
Proptech has the ability to alter the relationship between landlords and tenants. Landlords may use proptech solutions like smart gadgets and sensors (IoT) to see how renters use the property. Property owners may check on their properties remotely utilising security and maintenance data, without having to visit them. Virtual reality technology eliminates geographical borders. Virtual house tours are found at, allowing property owners and tenants to conduct them from the comfort of their own homes.
India Proptech Market Challenges
While there has been a growing adoption of digital platforms in the real estate industry, a significant portion of the population still lacks the digital literacy to use these platforms effectively. This limits the reach of Proptech startups and makes it difficult for them to scale their businesses.
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Market Segments
Market Players
Major market players in
Recent Developments
In November 2022 Livspace, a Singapore-based proptech startup, is earmarking USD100 million to buy other companies that might support its expansion plan. Livspace is now in "active conversations" with eight to nine companies and hopes to purchase three to four organisations. Through these transactions, it hopes to expand in Singapore, India, Malaysia, and the Middle East.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, company share, growth factors, and trends |
Segments covered | Solutions Applications Deployment End Users |
Regional scope | North India, South India, West India, East India |
Key companies profiled | Livspace.com, Zolostays Property Solutions Private Limited, Magicbricks Realty Services Limited, House of Kieraya Private Limited (Furlenco), Clicbrics Technologies Pvt. ltd, NoBroker Technologies Solution Pvt. Ltd, NestAway Technologies Pvt Ltd, Infra.Market, Proptiger.com, Square Yards |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |