TOP 10 PROPTECH STARTUPS IN INDIA

TOP 10 PROPTECH STARTUPS IN INDIA

India’s PropTech industry has seen significant growth, driven by startups leveraging technology to enhance various aspects of real estate transactions, property management, and construction. Here are ten notable PropTech startups in India making waves in 2024:

1.NoBroker:

No Broker-top 10 proptech startups in India
No Broker-top 10 proptech startups in India
ASPECTDETAILS
Founded2014
HeadquartersBengaluru, India
Core ServicePeer-to-peer real estate platform eliminating the need for brokers
Key InnovationsAI-powered property matching, NoBroker Pay for rent payments and agreements
Target MarketProperty owners, tenants, buyers, and sellers
Nobroker-top 10 proptech startups in India

NoBroker is a platform that aims to eliminate the need for real estate brokers by facilitating direct interactions between property owners and potential buyers or tenants.

Buying, selling, and renting properties without brokerage fees.Value-added services like home loans, packers and movers, legal documentation, and online rent payments.Custom property suggestions based on real-time data.

Funding: Raised approximately $426 million from investors like Tiger Global Management and General Atlantic​

NoBroker eliminates the need for brokers in real estate transactions, offering a platform for buying, selling, and renting properties without paying brokerage fees. It also provides value-added services like home loans and legal documentation.

Also Read:top 10 healthtech startups in India

2.Housing.com:

Housing.com-top 10 proptech startups in India
Housing.com-top 10 proptech startups in India
ASPECTDETAILS
Founded2012
HeadquartersMumbai, India
Core ServiceReal estate search portal
Key InnovationsHeat maps for price trends, innovative user interface, extensive property listings
Target MarketProperty buyers, sellers, renters, and real estate agents
Housing.com-top 10 proptech startups in India

Housing.com is a comprehensive real estate platform offering property listings, virtual tours, and data-driven insights.

Listings for buying, selling, and renting properties.Virtual property tours and local listings.Advanced data analytics for informed decision-making.

Funding: Significant investments from prominent venture capital firms, contributing to its robust platform development​

This platform provides comprehensive property listings, virtual tours, and data-driven insights to help users make informed decisions when buying, selling, or renting properties.

Also Read:top 10 fintech startups in india

3.PropTiger:

Proptiger-top 10 proptech startups in India
Proptiger-top 10 proptech startups in India
ASPECTDETAILS
Founded2011
HeadquartersGurugram, India
Core ServiceEnd-to-end real estate services including property search, buying, and home loan assistance
Key InnovationsData-driven insights, market analysis, and personalized property recommendations
Target MarketProperty buyers, sellers, and real estate investors
Proptiger-top 10 proptech startups in India

PropTiger is a tech-driven real estate advisory company offering personalized property recommendations and market insights.

Services:

Extensive property listings and data analytics.Tailored property suggestions based on client needs.

Transparent market information to assist buyers and sellers.

Funding: PropTiger has attracted significant investments, ensuring its ability to provide comprehensive real estate solutions​

Known for its data-driven approach, PropTiger offers extensive property listings and market analytics, helping buyers and sellers with informed decision-making through personalized recommendations.

Also Read:top 10 agritech startups in india

4.Magicbricks:

Magicbricks- top 10 proptech startups in India
Magicbricks- top 10 proptech startups in India
ASPECTDETAILS
Founded2006
HeadquartersNoida, India
Core ServiceOnline real estate portal for buying, selling, and renting properties
Key InnovationsSmart search filters, AI-driven chatbots, neighborhood insights, and property price trends analysis
Target MarketProperty buyers, sellers, renters, and real estate agents
Magicbricks-top 10 proptech startups in India

Magicbricks is one of India’s largest online real estate platforms, providing a wide range of residential and commercial property listings.

Verified listings for residential and commercial properties.

Market insights and data analytics for a hassle-free property search experience.

User testimonials highlight quick and genuine responses from the platform.

Funding: Consistently invests in technology and market research to maintain its leadership in the PropTech space​

One of India’s largest online real estate platforms, Magicbricks provides extensive residential and commercial property listings, ensuring a seamless property search experience through verified listings and market insights.

Also Read:top 10 cleantech startups in india

5.CommonFloor:

Commonfloor-top 10 proptech startups in India
Commonfloor-top 10 proptech startups in India
ASPECTDETAILS
Founded2007
HeadquartersBengaluru, India
Core ServiceReal estate search and apartment management platform
Key InnovationsCommunity management tools, 3D virtual property tours, complaint tracking, facility management
Target MarketProperty buyers, renters, residential communities, and real estate developers
Commonfloor-top 10 proptech startups in India

CommonFloor is a community management platform that simplifies property management and resident engagement.

Building management tools and resident meeting facilitation.

Comprehensive property listings and management solutions.

Trusted by property owners and residents for its user-friendly interface.

Funding: Supported by investments aimed at enhancing community management features and expanding its user base

This platform facilitates property management and community engagement, offering tools for building management and resident interaction, along with comprehensive property listings.

Also Read:top 10 insurtech startups in India

6.Furlenco:

Furlenco-top 10 proptech stratups in India
Furlenco-top 10 proptech stratups in India
CategoryDetails
Company NameFurlenco
Founded2012
FounderAjith Mohan Karimpana
HeadquartersBengaluru, Karnataka, India
IndustryFurniture and Home Decor Rental
Services OfferedFurniture rental, home decor rental, appliance rental, subscription plans for home furniture
Target AudienceUrban dwellers, young professionals, students, and families
Membership PlansMonthly subscription plans, short-term and long-term rental options
Key FeaturesFree relocation, free swaps, free deep cleaning, maintenance services, delivery and installation
Technology IntegrationOnline platform for browsing, booking, and managing rentals
Sustainability EffortsFocus on reducing waste and promoting a circular economy through furniture reuse
Expansion PlansExpanding services to more cities across India and enhancing product range
FundingRaised funds from various investors including venture capital firms
WebsiteFurlenco
Furlenco-top 10 proptech startups in India

Furlenco is a furniture rental service that allows users to rent premium furniture and home decor items.

Renting out high-quality furniture and home accents.

Professional design services for customized home setups.

Affordable pricing and hassle-free rental process.

Funding: Raised around $228.6 million from investors such as Klub and Zinnia Global Fund, focusing on expanding its product offerings and market reach

Specializing in furniture rentals, Furlenco allows users to rent premium furniture and home decor items, making it easier and more affordable to furnish homes.

Also Read:top 10 legaltech startups in India

7.Clicbrics:

Clicbrics-top 10 proptech startups in India
Clicbrics-top 10 proptech startups in India
CategoryDetails
Company NameClicbrics
Founded2017
FoundersRohit Malik and Pankaj Singh
HeadquartersGurgaon, Haryana, India
IndustryReal Estate Technology
Services OfferedProperty listings, property valuation, virtual tours, market analysis, and real estate insights
Target AudienceHome buyers, sellers, investors, real estate agents
Technology IntegrationData analytics, AI-driven property valuation, virtual reality for property tours
Key FeaturesAccurate property valuations, extensive property listings, real-time market data
FundingRaised funds from investors including private equity and venture capital firms
Expansion PlansAiming to expand services across more cities in India and enhance technology offerings
WebsiteClicbrics
Clicbrics-top 10 proptech startups in India

Clicbrics is an online real estate platform providing detailed property insights and assisting buyers through the house-hunting process.

Affordable property listings with detailed insights into locations and amenities.

Relationship advisors to guide clients through site visits and service delivery.

Notifications for brokers when users search for properties.

Funding: Raised $3 million from investors like Manny Singh and Peter Mann, enhancing its platform and user experience

This online real estate platform provides detailed property insights, helping buyers find affordable homes with the assistance of relationship advisors throughout the house-hunting process.

Also Read:top 10 govtech stratups in India

8.Infra.Market:

Inframarket-top 10 proptech startups in India
Inframarket-top 10 proptech startups in India
AspectDetails
Founded2016
HeadquartersMumbai, India
Core ServiceB2B online procurement marketplace for construction materials
Key InnovationsTransparent pricing, tech-driven supply chain, efficient procurement processes
Target MarketConstruction companies, real estate developers, infrastructure projects
Infra Market-top 10 proptech startups in India

Infra.Market is a construction technology company focused on improving construction processes and sustainability.

AI, AR, and IoT solutions for construction management.Streamlined project management and resource allocation.

Enhanced efficiency and reduced costs in construction projects.

Funding: Raised approximately $406.6 million, with key investors including Mars Growth, to expand its technology and market presence​

Focusing on construction technology, Infra.Market offers solutions to improve construction processes, reduce costs, and enhance sustainability through the use of AI, AR, and IoT technologies.

Also Read:top 10 retailtech stratups in India

9.Square Yards:

Squareyards-top 10 proptech startups in India
Squareyards-top 10 proptech startups in India
ASPECTDETAILS
Founded2014
HeadquartersGurugram, India
Core ServiceTechnology-enabled real estate transaction and aggregator platform
Key InnovationsGlobal property transactions, comprehensive services including home loans and interior designing
Target MarketProperty buyers, sellers, investors, and real estate developers
Squareyard-top 10 proptech startups in India

Square Yards is a digital real estate platform offering comprehensive services for property transactions, loans, and management.

End-to-end real estate services from property search to transaction completion. Loan assistance and property management solutions.

Integrated platform for buying, selling, and renting properties.

Funding: Attracted significant funding, enabling it to offer a wide range of real estate services under one platform​

A digital real estate platform, Square Yards offers end-to-end services including property transactions, loan assistance, and property management, making it a comprehensive solution for property buyers and investors.

Also Read:top 10 proptech startups in India

10.Awfis:

Awfis-top 10 proptech startups in India
Awfis-top 10 proptech startups in India

Certainly! Awfis is a prominent co-working space provider in India, offering flexible and affordable workspace solutions. Here’s a table summarizing key information about Awfis:

CategoryDetails
Company NameAwfis Space Solutions Pvt. Ltd.
Founded2015
FounderAmit Ramani
HeadquartersMumbai, Maharashtra, India
Number of LocationsOver 100 centers in various cities across India
Services OfferedCo-working spaces, private cabins, meeting rooms, virtual offices, enterprise solutions
Target AudienceStartups, SMEs, freelancers, corporates
Membership PlansHourly, daily, monthly, and yearly plans
Additional FacilitiesHigh-speed internet, printing, scanning, conference rooms, events, and workshops
Technology IntegrationAwfis app for booking spaces, managing accounts, and accessing member benefits
Expansion PlansAiming to expand further in Tier 2 and Tier 3 cities in India
WebsiteAwfis
Awifis-top 10 proptech startups in India

Awfis provides flexible workspace solutions for freelancers, startups, and enterprises, catering to the growing demand for co-working spaces.

Flexible and cost-effective office spaces with modern amenities.Collaborative work environments for various types of businesses.

Increased occupancy rates due to changing work cultures post-COVID.

Funding: Significant investments have enabled Awfis to expand its co-working spaces and enhance its service offerings

In the co-working space sector, Awfis provides flexible workspace solutions for freelancers, startups, and enterprises, contributing significantly to the growing demand for flexible office spaces.

Also Read:top 10 foodtech stratups in India

FAQs and answers for each of the top 10 PropTech startups in India:

1. NoBroker

FAQ:

  • Q: How does NoBroker work?
  • A: NoBroker connects property owners directly with buyers or tenants, eliminating the need for brokers and their associated fees. Users can list their properties on the platform and communicate directly with interested parties.
  • Q: What services does NoBroker offer?
  • A: Besides property listings for buying, selling, and renting, NoBroker offers home loans, packers and movers, legal documentation, and online rent payment services.
  • Q: Is there a fee to use NoBroker?
  • A: Listing properties and browsing listings are free, but some premium services may incur charges.

2. Housing.com

FAQ:

  • Q: What types of properties can I find on Housing.com?
  • A: Housing.com offers listings for residential properties including apartments, houses, and villas, as well as commercial properties.
  • Q: What is unique about Housing.com’s services?
  • A: Housing.com provides virtual property tours, local listings, and detailed insights using advanced data analytics to help users make informed decisions.
  • Q: Can I sell my property on Housing.com?
  • A: Yes, property owners can list their properties for sale on the platform.

3. PropTiger

FAQ:

  • Q: What is PropTiger known for?
  • A: PropTiger is known for its data-driven approach to real estate, offering personalized property recommendations and market analytics.
  • Q: Does PropTiger assist with property transactions?
  • A: Yes, PropTiger provides comprehensive assistance throughout the property buying and selling process, including legal and financial advisory services.
  • Q: How can PropTiger help first-time homebuyers?
  • A: PropTiger offers tailored property suggestions, transparent market information, and expert advice to guide first-time homebuyers through the entire process.

4. Magicbricks

FAQ:

  • Q: What kind of properties are listed on Magicbricks?
  • A: Magicbricks lists residential properties like apartments, houses, and villas, as well as commercial properties such as office spaces and retail outlets.
  • Q: How does Magicbricks ensure the quality of listings?
  • A: Magicbricks verifies listings to ensure they are genuine and provides detailed market insights to aid in property searches.
  • Q: Can I find rental properties on Magicbricks?
  • A: Yes, Magicbricks has extensive listings for rental properties across various cities in India.

5. CommonFloor

FAQ:

  • Q: What is CommonFloor’s primary service?
  • A: CommonFloor offers property management and community engagement tools, along with property listings.
  • Q: Can CommonFloor help with managing residential communities?
  • A: Yes, CommonFloor provides tools for building management, resident meetings, and community interaction, making it easier to manage residential complexes.
  • Q: Does CommonFloor offer property listings for sale and rent?
  • A: Yes, it offers comprehensive listings for both sale and rental properties.

6. Furlenco

FAQ:

  • Q: What does Furlenco offer?
  • A: Furlenco specializes in furniture rentals, providing high-quality furniture and home decor items for rent.
  • Q: How can I rent furniture from Furlenco?
  • A: Users can browse and select furniture on the Furlenco website or app, choose rental packages, and get them delivered to their homes.
  • Q: Are there any hidden charges for renting from Furlenco?
  • A: Furlenco offers transparent pricing with no hidden charges, and rental packages include delivery, assembly, and maintenance.

7. Clicbrics

FAQ:

  • Q: What is the main focus of Clicbrics?
  • A: Clicbrics focuses on providing detailed property insights and assisting buyers in finding affordable homes.
  • Q: Does Clicbrics offer site visits?
  • A: Yes, Clicbrics arranges site visits and provides relationship advisors to assist clients through the house-hunting process.
  • Q: How does Clicbrics notify brokers?
  • A: Brokers receive immediate notifications when users are searching for homes, helping them respond quickly to potential clients.

8. Infra.Market

FAQ:

  • Q: What type of technology does Infra.Market use?
  • A: Infra.Market uses AI, AR, and IoT technologies to improve construction processes, project management, and sustainability.
  • Q: What services does Infra.Market provide?
  • A: Infra.Market offers solutions for streamlining project management, optimizing resource allocation, and enhancing construction efficiency.
  • Q: Who are Infra.Market’s main clients?
  • A: Infra.Market serves construction companies, developers, and contractors looking to improve efficiency and reduce costs.

9. Square Yards

FAQ:

  • Q: What services does Square Yards provide?
  • A: Square Yards offers end-to-end real estate services, including property transactions, loan assistance, and property management.
  • Q: Can I get a home loan through Square Yards?
  • A: Yes, Square Yards provides loan assistance and helps users with the entire process of securing a home loan.
  • Q: What types of properties can I find on Square Yards?
  • A: Square Yards lists a wide range of properties, including residential and commercial real estate.

10. Awfis

FAQ:

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