18 Mar 2025

Propstack, a leading real estate intelligence platform in India, has partnered with Estater, a Middle East-based analytics firm, to improve data-driven decision-making in real estate across both regions. The collaboration will integrate AI-driven market insights, advanced analytics, and property valuation models to enhance transparency and efficiency in commercial and residential real estate. This initiative aims to benefit developers, investors, and policymakers by offering predictive analytics, benchmarking tools, and automated valuation models. The partnership highlights AI's growing role in real estate intelligence, fostering cross-border investments and optimizing infrastructure planning.Read more

11 Mar 2025

HouseEazy, a platform for resale homes, has expanded into the Gurugram market, hosting a launch event that attracted over 500 channel partners. The company introduced the 'HouseEazy Yearly Jackpot,' offering potential annual incentives of up to INR 3.5 crore per partner. Having completed transactions exceeding INR 1,500 crore and serving over 1,600 families, HouseEazy plans to achieve a transaction value of INR 3,000 crore in Gurugram over the next 12 to 15 months. The company is also preparing to expand into Tier 1 cities like Pune, Mumbai, and Bangalore, reinforcing its position as a market leader in the resale home segment.Read more

12 Feb 2025

SoftTech Engineers Limited, a pioneer in the Architecture, Engineering, Construction, and Operations (AECO) sector, in collaboration with AmpliNxt, has launched the AI-Powered AECO Innovation Challenge. This initiative aims to identify and support start-ups developing AI-driven solutions for the industry. The challenge provides participants with opportunities to collaborate with SoftTech, pitch to industry experts, and receive incubation support. Start-ups focusing on AI-enabled metaverse, digital twins, generative AI, and BIM solutions are encouraged to participate. The initiative seeks to foster technological advancements, enhance operational efficiency, and revolutionise AECO industry practices.Read more

31 Jan 2025

Hyderabad-based proptech startup Landeed has raised USD 5 million (approximately INR 43 crore) in a Series X funding round, with participation from major investors like 10x Founders Fund, Oliver Jung, Paradigm Shift, Pioneer Fund, and Snapdocs founder Aaron King. The funds will be used to develop Landeed Labs, an AI and machine learning division focused on advancing property title search and real estate transactions. This funding follows an earlier oversubscribed seed round in 2023, which was one of the largest in the proptech space. The startup also plans to use the money to strengthen its technical team.Read more

10 Jan 2025

Spyre VC, India's first industry-backed PropTech venture capital fund, has invested INR 3.5 crore in Spintly, a leader in smart building solutions. With backing from major players like Accel India and CREDAI, Spyre VC aims to revolutionize India's PropTech sector. Spintly, which serves over 500 clients across 24 million square feet globally, plans to use the funding to expand its AI-driven technologies and strengthen ties with real estate developers. As the global smart building market surges towards USD 247.17 billion by 2032, this partnership highlights a transformative shift towards efficiency and sustainability in India's real estate landscape.Read more

PNT Reporter

18 Dec 2024

Magicbricks, a leading real estate portal, has acquired a majority stake in PropViz to elevate its technological offerings for developers. The acquisition reinforces Magicbricks' commitment to redefining real estate interactions through advanced solutions such as 3D visualisations, virtual walkthroughs, smart location maps, and integrated booking systems. This strategic move aligns with its mission to enhance customer engagement, streamline decision-making, and accelerate sales for developers. PropViz, established in 2019, has a proven track record of creating extensive virtual spaces and interactive layouts, complementing Magicbricks' existing developer-centric services like verified leads and site visits.Read more

PNT Reporter

10 Dec 2024

A new report by Knight Frank, HDFC Capital, and Brigade REAP highlights PropTech's transformative role in India's real estate sector, projecting investments to grow at a 15% CAGR from USD 6 billion in 2023 to USD 16 billion by 2030. Representing 6% of Indian startups, PropTech positions India 6th globally in funding and top global PropTech deals. With real estate contributing 7.3% to GDP, leaders stress technology's role in addressing housing affordability, urbanization, and sustainability challenges. Infrastructure expansion, such as national highways and ESG-certified developments, complements PropTech adoption, enhancing connectivity, sustainability, and affordable housing access for the growing urban workforce.Read more

26 Nov 2024

The OSH India Expo 2024, held in Mumbai recently showcased world-class workplace safety solutions, with leading exhibitors like KARAM Safety, Bison Life, 3M, Dupont's Nomex, and Udyogi Safety. The event highlighted cutting-edge innovations and global best practices in occupational safety. KARAM Safety's proactive approach stood out, with free on-site training for construction workers on using safety equipment effectively-a commitment upheld for over 20 years. Speaking at the event, Hemant Sapra emphasized the importance of worker education and the company's dedication to sustainability, advocating renewable energy adoption in the production sector.Read more

19 Nov 2024

Blox, a digital real estate platform, has acquired an 11 per cent stake in real estate brokerage firm Guardians for USD 12 million, with plans to increase ownership to 50 per cent over the next three years. The acquisition positions Blox and Guardians as India's largest real estate seller, managing annual sales of 25,000 homes with a GTV of USD 2 billion. Blox aims to increase its GTV to USD 10 billion within 3-5 years. The partnership combines Blox's technology and Guardians' market expertise, creating a dual-pathway sales model that will transform India's real estate market.Read more

15 Nov 2024

Propsoch, a proptech startup focused on property analysis, raised USD 500,000 in pre-seed funding led by the investment arms of Godrej Group and Vakil Group. Founded by Ashish Acharya and Ravi Agrawal, the company aims to expand into Mumbai, Pune, and strengthen operations in Bengaluru. Key early investors include Mohit Malhotra and Bhaskar Bhat, who bring notable real estate expertise. Propsoch seeks to enhance transparency in real estate through clear, data-driven insights, addressing homebuyers' needs for informed decision-making. With India's proptech sector growing rapidly, this funding positions Propsoch as an influential player, meeting demand for transparency in a complex market.Read more