Top 5 Proptech start-ups in India
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Proptech is a buzzword that has been making waves in the real estate industry. It’s frequently referred to as the new disruption force and innovation driver, as well as the modern solution for real estate professionals who are burdened by mountains of paperwork and a high-yield asset class for investors looking for novel investment opportunities.
The technology’s approach is often ranked as the top online source of information for property buyers or sellers. They allow users to compare properties and get access to a wide range of information at the tip of their fingertips.
In India, the Proptech market has shown rapid growth in recent years. Real Estate Market in India is forecast to expand from $120 billion in 2017 to $1 trillion by 2030, eventually, the Proptechs are bound to keep up with the growing demand.
In this article, we’ll explore some of the most successful and rising Indian Proptech startups. Depending on your needs, one of them might be what you’ve been looking for, so let’s delve right in.
1. Proptiger - Proptiger runs an internet-based real estate marketplace where clients can browse listings of homes for sale and make offers on the spot. They also offer a variety of services that help buyers move through the process of purchasing their dream home.
Their key focus is to assist clients with property transactions—and they do so by providing data and analysis to support customer decision-making as well as transparency in transaction processing.
2. Square Yards – Square Yards helps customers in full real estate journey including search and discovery, transactions, home loans, rentals, property management, and post-sales services. It is one of the fastest growing Proptech platform in India, UAE, Australia & Canada.
- Secure payment gateway
- Online rent agreement services
- Connects you to verified Real Estate agents
- Interactive 3D view
3. 99Acres - 99Acres is a Proptech that helps you find the ideal property to buy or sell. The site curates all the features and details needed to ensure that you get the best deal possible. The platform provides users with top-notch information on all aspects of the real estate industry, including listings, rentals, and sales.
99Acres.com allows its users-
- To advertise them in a unique way through microsites
- To get reports and insights on the real estate markets
- To list their property online
4. PropFynd – PropFynd is your one-stop proptech portal that takes its users’ interests into consideration when compiling its database of new project launches. It offers a wide variety of the latest and exclusive launches with the best prices in India and Dubai. PropFynd seamlessly connects both the developer and the customer, ensuring both achieve their goals with maximum ease and efficiency.
Propfynd provides the following key features –
- Instant query resolution
- Schedule a visit a per your convenience
- Home loan assistance and unmatched special offers
- RERA registered project listings
- Safe and secure payment gateway
5. Commonfloor - Commonfloor.com is a real estate marketplace that provides services to both property buyers and sellers in more than 200 cities in India. The website offers a variety of modern features that make the buying and selling process easier for both parties.
Commonfloor offers a number of services to its users, including:
- Property listings from multiple sources
- Property search capabilities
- Property information, including floor plans and pictures
- Real estate market analysis data (with graphs)
Article authored by: Team Propfynd
Date: 22nd February, 2023