Real estate tech, also known as proptech (property technology), refers to the application of technology and innovation to the real estate industry. It encompasses a wide range of technological solutions and platforms designed to improve various aspects of real estate, including buying, selling, renting, property management, construction, and more.
The integration of technology in the real estate sector has transformed traditional practices, making them more efficient, transparent, and accessible. Real estate tech startups and companies leverage technologies such as artificial intelligence, big data, machine learning, Internet of Things (IoT), virtual reality, and blockchain to drive innovation and enhance the real estate experience for buyers, sellers, agents, investors, and other stakeholders.
Breaking Barriers: India’s Top 8 Real Estate Tech Startups Disrupting the Status Quo
Founder: Vijay Arisetty, Abhishek Kumar, and Shreyans Daga
CEO: Vijay Arisetty
Year Founded: 2016
Impact: MyGate is a tech-enabled security and community management platform for gated communities. It offers features such as visitor management, e-intercom, and real-time communication, enhancing security and convenience for residents.
Founder: Sudarshan Lodha and Priyanka Rathore
CEO: Sudarshan Lodha
Year Founded: 2019
Impact: Strata is a proptech startup that enables fractional ownership of real estate assets. It allows individuals to invest in and own a portion of high-value properties, providing access to real estate investment opportunities with lower entry barriers.
Founder: Jonny Nicol
CEO: Jonny Nicol
Year Founded: 2011
Impact: Stratajet is a private jet booking platform that uses technology to streamline the process of chartering private flights. It provides a user-friendly interface and real-time availability, making private jet travel more accessible and efficient.
Founder: Vinit Agrawal
CEO: Vinit Agrawal
Year Founded: 2016
Impact: Pinclick is a tech-enabled real estate brokerage platform that offers end-to-end property solutions. It provides services such as property search, site visits, legal documentation, and home loans, simplifying the home-buying process for customers.
Founder: Pallav Pandey and Mukul Bhati
CEO: Pallav Pandey
Year Founded: 2014
Impact: FastFox is an online rental marketplace that uses technology to streamline the process of renting properties. It offers verified listings, virtual tours, and digital documentation, making it easier for tenants to find and rent homes.
Founder: Ankit Kansal and Pankaj Kumar
CEO: Ankit Kansal
Year Founded: 2014
Impact: 360 Realtors is a real estate consulting firm that uses technology to provide comprehensive property solutions. It offers services such as property search, investment advisory, and transaction management, catering to both individual buyers and institutional investors.
Founder: Chirag Agrawal and Jeetendra Jagwani
CEO: Chirag Agrawal
Year Founded: 2015
Impact: GetSetHome is a tech-enabled platform that offers fully furnished and managed shared accommodations. It focuses on providing hassle-free rental solutions for working professionals and students in major cities.
Founder: Ajith Mohan Karimpana
CEO: Ajith Mohan Karimpana
Year Founded: 2012
Impact: Furlenco is a furniture rental platform that provides affordable and flexible furniture solutions. It offers a wide range of furniture and home decor items on a subscription basis, catering to individuals and families.
Founder: Sahil Singh
CEO: Sahil Singh
Year Founded: 2021
Impact: Nestie is a proptech startup that focuses on co-living spaces for students and working professionals. It provides fully furnished and managed shared accommodations with modern amenities, fostering a community-driven living experience.