PropTech

PropTech in India sees $551-Mn investment

PropTech in India sees $551-Mn investment

As more and more homebuyers are doing their property purchases through virtual platforms, the PropTech industry in India attracted over $551 million in 2020, surpassing the aggregate of previous year – $549 million, according to a report by leading online real estate portal Housing.com. The report titled ‘PropTech: The Future of Real Estate in India’ by the Elara Group-owned online real estate advisory portal shows that investments in the PropTech segment grew marginally up to $551 million in 2020 from $549 million in 2019. Investments in the segment during the year were at their peak in 2020 since tech-based start-up companies began entering the real estate segment…
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