15 Sep 2023

Enventure, a leading engineering design services company, has launched the Enventure Centre for Advanced Digital Construction in Shivamogga. This centre aims to train around 100 engineers over the course of a year in 3D digital technologies crucial to the construction industry. It will collaborate with faculty members to enhance 3D design technology skills. Anil Sivadas, President of Enventure, highlighted the importance of tapping into the talent pool in tier II and III cities, with plans to open similar centres in other cities. The initiative offers mentorship to fresh graduates and employment opportunities for those who returned home during the pandemic.Read more

13 Sep 2023

Square Yards, a prominent proptech platform, has successfully filed 18 international patents in India and the USA, focusing on virtual reality, augmented reality, extended reality, artificial intelligence, and data applications in real estate. Of these, three patents have already been granted, showcasing Square Yards' leadership in pioneering real estate technology innovations. These patents cover various areas, including immersive 3D experiences, real estate asset analysis, agent ranking algorithms, and more. Square Yards aims to revolutionize the real estate industry by integrating cutting-edge technologies and enhancing the home-buying experience for consumers and professionals.Read more

12 Sep 2023

NoBroker, India's proptech unicorn, has introduced a ground breaking metro-based property search feature in response to imbalanced real estate demand and supply post-pandemic. This innovation allows users to explore homes along metro lines, reducing commute times, carbon emissions, and rental costs. By widening options beyond the immediate vicinity of workplaces, NoBroker aims to ease the rental property search, addressing the 40% surge in rental rates near tech hubs. This initiative promises rent rationalization, closing the demand-supply gap, and reducing resource strain. Available in key Indian cities, it signifies a significant positive change in the real estate market, especially for tenants.Read more

02 Sep 2023

PropTechBuzz has unveiled a ground breaking platform for the Proptech industry, aiming to globally connect and inspire. This innovative solution addresses challenges faced by Proptech companies, offering them worldwide visibility and scalability. With a focus on empowering smaller enterprises, PropTechBuzz fosters collaboration and innovation. The platform's features include a launch feed for product introductions, community engagement, product spotlights, reviews, forums, and educational resources. PropTechBuzz's early adoption in India and the Middle East showcases its potential to level the playing field and transform Proptech, fuelling growth and progress in a dynamic industry.Read more

01 Sep 2023

Housing.com, a prominent player in the Indian PropTech space, has partnered with international Insurtech leader BOXX to introduce 'Cyber Protect,' a digital security plan for homebuyers. In response to a concerning 18% rise in cyber-attacks in India during Q1 2023, the plan offers comprehensive protection against digital fraud and scams. With support from Bajaj Allianz General Insurance, customers can acquire this safeguard for an affordable monthly premium of INR 199. The partnership emphasizes Housing.com's commitment to simplifying housing processes while prioritizing customer data safety and well-being in an increasingly digital world. The collaboration reflects Housing.com's dedication to offering seamless and secure experiences to its users.Read more

12 Aug 2023

Property Finder has launched Data Guru, a comprehensive tool aimed at simplifying the property search process. This innovative feature provides insights and data to aid decision-making, addressing challenges such as lack of trust and transparency. Data Guru offers various tools, including price mapping, community insights, and historical trends, enhancing the user's ability to find the right property.Read more

08 Aug 2023

Indian PropTech firms secured $719 million in funding despite a slight dip in 2022. The sector showcased resilience with a CAGR of 49 percent from 2009 to 2022, reaching nearly $4 billion in investments. Co-living and co-working spaces dominated with 64 percent of the total inflow, followed by construction technology solutions with 15 percent. Proptech investments in India surpassed $4 billion in H1 2023, signalling continued growth. Technology adoption has boosted efficiency in real estate processes, with demand for flexible workspaces and premium accommodations driving investor confidence. The sector's success reflects its transformative potential and unwavering impact on the global market.Read more

07 Aug 2023

JLL Technologies introduces JLL GPT, a cutting-edge generative AI model for the CRE industry. With its global team of experts, JLL aims to deliver smarter CRE insights using this bespoke AI, revolutionizing the industry. JLL's comprehensive data, combined with external sources, will offer tailored solutions to clients worldwide. The AI-powered platform empowers facility managers with dynamic conversations while consulting experts provide quicker workplace planning advice. JLL's early adoption of AI has already optimized building efficiencies and investment opportunities.Read more

24 Jul 2023

Brigade REAP, India's pioneering real estate accelerator, embraces five innovative startups from diverse domains in its 14th Cohort. With a focus on PropTech, this cohort includes robotics, green construction, retail tech, plastic waste management, and hospitality, marking a ground breaking selection. These visionary ventures embody transformative potential and aim to reshape the real estate industry. Under the guidance of Brigade REAP, start-ups thrive with a remarkable 40 percent success rate in raising external funds, showcasing their impact in the real estate ecosystem. With an unwavering commitment to progress, this cohort heralds a new era of innovation at the intersection of technology and real estate.Read more

18 Jul 2023

Global leader in smart, sustainable building technology, Johnson Controls, has inaugurated its most advanced OpenBlue Innovation Centre in Bengaluru, India. This cutting-edge facility integrates cloud, edge, and AI technologies, demonstrating the potential of net-zero building technology. The centre also introduces the first experiential zone in India, providing real-time demonstrations of advanced building technology in action, and plans to become a strategic hub for smart building innovation in India.Read more