From clicks to bricks: Proptech startups ride the online home-buying wave Business Standard
Property technology (proptech) players in India are looking to ramp up their investment plans amid a booming real estate sector driven by technology. Leading proptech firms like Square Yards, Aurum PropTech, Spyre Proptech, and Relata.io have major investment plans in the short to medium term to expand their businesses.
As India’s real estate industry is poised to reach $1 trillion in revenue by 2030, significantly contributing to the nation’s gross domestic product, proptech has emerged as a catalyst helping drive that growth. According to reports, the Indian proptech market is expected to grow at a rate of 9.6 per cent from 2021 to 2025 to touch the $100 billion opportunity mark by 2030.
