About Us
Careers
Blogs
Home
>
Blogs
>
Real Estate Startups & PropTech Companies In India 2025

Real Estate Startups & PropTech Companies In India 2025

By Fahad Khan - Updated on 14 November 2025
A 2025 deep dive into the rise of Real Estate Startup & PropTech - exploring global and Indian real estate startups, market trends, AI innovation, top players.
real estate startups.webp

The global PropTech wave is accelerating. In 2024 the PropTech market was roughly $40–42 billion and is expected to grow ~15–16% annually, surpassing $100B by 2030. Venture funding is pouring in: for example, January 2025 saw $615M in global PropTech VC (with $297M in the US alone), reflecting strong investor confidence. Technology – from online marketplaces to IoT-enabled “smart buildings” – is rapidly reshaping buying, renting, and property management.

In short, 2025 is a breakthrough year: new AI tools, blockchain pilots, and flexible housing models are converging as real estate finally embraces digital innovation.

Global Landscape of Real Estate Startups: USA, Dubai & Beyond

Leading PropTech hubs span the globe. In the USA (NYC, Silicon Valley, Chicago) large funds and REITs back startups that tackle everything from rental fintech to smart home platforms. Europe has vibrant scenes in the UK and Germany, with the UK government even running PropTech programs. In the Middle East, countries like the UAE and Saudi Arabia are aggressively digitizing real estate – for instance Saudi Vision 2030 has made PropTech a core pillar, supported by initiatives such as the Saudi PropTech Center. Dubai (UAE) and Singapore host proptech conferences and incubators, leveraging smart-city projects to pilot AR/VR property tours and blockchain titles.

As CRETI reports, the US market started 2025 strong – nearly half of all global PropTech VC flows – and Asian markets (China’s Vastki, Beike, etc.) are scaling fast. In fact, analysts project that by 2030 global real estate tech spend will be mainstream:[1] “PropTech has shifted from niche to a strategic imperative”. Today’s fastest-growing real estate startups – whether in co-working, AI-driven brokerage, or sustainability – are capitalizing on these hubs.

Real Estate Startups in India: Ecosystem, Innovation, and Market Leaders

India’s massive $1 trillion (by 2030) real estate market is ripe for tech disruption. The government has helped: policies like RERA (property regulation), Smart Cities Mission, and Housing-for-All subsidies have pushed developers and landlords to adopt digital tools. Initiatives such as Digital India and ONDC (Open Network for Digital Commerce) also encourage proptech payments and listings. As a result, India now hosts 400+ PropTech startups addressing everything from rentals to construction. Many build “India-first” solutions – for example incorporating local compliance and multilingual support.

Major cities lead the charge. Bangalore remains a tech hub (home to NoBroker, NestAway, HomeLane), along with Delhi/Gurgaon (MyGate, Square Yards), and Mumbai (Awfis, Sequretek). Venture capital & Micro-VCs are flooding: deals like Livspace’s $180M raise (KKR-led, 2022) and NoBroker’s $210M ($4.3B unicorn valuation) show investor appetite. Other startups like Bizongo (indirectly, for construction supply chain) or apps like RealX (fractional real estate) also highlight innovation.

In summary, India’s PropTech scene has matured – backed by strong local demand and policy support – transforming a formerly fragmented industry into a hotbed of tech-led disruption.

Top 10 Real Estate Startups in India (2025 Edition)

No. Startup Category Headquarters Funding Raised Notable Investors
1 NoBroker C2C Property Rentals & Sales Bengaluru, Karnataka, India ~US$361M (Series A–E) Tiger Global, General Atlantic, Elevation (SAIF), Google
2 Livspace Home Interior & Renovation Singapore (HQ) & Bangalore ~US$450M (all rounds) KKR, Goldman Sachs, Jungle Ventures, Matrix Partners
3 Square Yards Full-Stack Real Estate Marketplace Gurugram, Haryana, India ~US$80M+ (early rounds) SoftBank Vision Fund, Info Edge (Naukri), Qualcomm Ventures
4 MyGate Gated Community Security SaaS Bengaluru, Karnataka, India ~US$83M (through 2021) Tencent, Tiger Global, Lightspeed, IDG
5 NestAway Managed Home Rentals Network Bengaluru, Karnataka, India ~US$109M (Series A–D) Tiger Global, Flipkart, Goldman Sachs, Innoven
6 Awfis Coworking & Flexible Offices Gurugram, Haryana, India ~US$51M (Series B–C) Sequoia Capital India, The Three Sisters (TTS:IO), InnoVen Capital
7 HomeLane Tech-Driven Home Interiors Bengaluru, Karnataka, India ~$50M (includes recent) Sequoia Capital India, Accel Partners, JSW Ventures, Mohandas Pai
8 Zolo Stays Co-living Accommodations Bengaluru, Karnataka, India ~$90M (Series A–C) Nexus Venture Partners, Investcorp, IDFC, Trifecta Capital
9 ADDA Housing Society Management SaaS Plano, Texas, USA (India) Bootstrapped (0)
10 Powerplay Construction Project Management Bengaluru, Karnataka, India ~$15M (Series A) Accel, India Quotient, Orios Venture Partners

1. NoBroker

· Website: nobroker.in
· Address: Bengaluru, Karnataka, India
· Employee Size: ~1,000
· Funding Raised: ~$361M (through multiple rounds)
· Investors: Tiger Global, General Atlantic, SAIF/Elevation, Google, others

About: NoBroker is India’s largest broker-free property portal. Founded in 2013 by IIT graduates, it connects home owners and renters directly, eliminating agent fees. Beyond rentals, it has expanded into resale property listings, moving services, and even community management (NoBrokerHood for gated societies). Serving 30+ cities, it handles property listing, tenant screening, and financing. NoBroker became India’s first PropTech unicorn in 2021 by raising $210M Series E.

USP: NoBroker’s key advantage is end-to-end convenience. Its tech platform offers features like automated lease agreements, home loan assistance, and in-app maintenance requests. By treating the real estate process as a managed service (even handling logistics and repairs), NoBroker stands out as a one-stop brokerless marketplace. Its transparent pricing and focus on customer trust (background-verified listings) have built strong brand loyalty.

2. Livspace

· Website: livspace.com
· Address: Singapore (Headquarters) & Bangalore, India
· Employee Size: ~2,000
· Funding Raised: ~$450M (up to Series E)
· Investors: KKR, Goldman Sachs, Sequoia India, Jungle Ventures, Exfinity

About: Livspace is a tech-led home interiors and renovations firm. Founded in 2014, it offers end-to-end interior design services; customers use its app/website to customize kitchen, wardrobe, and full home designs. Livspace then manages sourcing, fabrication, and installation of modular furniture. It operates showrooms in major cities and has a sister brand (Livspace Qanvast) in Singapore. The company leverages digital design tools (3D visualizations, AR try-ons) to simplify interiors for the Indian market.

USP: Livspace’s strength is its integrated supply chain and design network. By combining proprietary design software with a vast vendor ecosystem, it delivers interiors faster than traditional firms. The platform’s data-driven approach (tracking preferences, yields, and timelines) enables consistent quality. As one of the few end-to-end interiortech players, Livspace differentiates itself with quick turnarounds and bundled pricing, appealing to value-conscious consumers.

3. Square Yards

· Website: squareyards.com
· Address: Gurugram, Haryana, India
· Employee Size: ~8,000+
· Funding Raised: ~$80M+ (mostly early rounds)
· Investors: SoftBank Vision Fund, Info Edge (Naukri), Qualcomm Ventures, Ratan Tata

About: Square Yards offers a full-stack real estate platform. Launched in 2014, it connects buyers/sellers across property sale, rental, finance, and interiors. Beyond its online marketplace, Square Yards runs an in-house brokerage (for new and resale homes) and a mortgage platform (Urban Money). It recently acquired design firms to add home renovation services. The company claims billions in annual sales, serving both Indian and overseas markets. It also develops tools like property investment scoring and automated valuation to aid customers.

USP: Square Yards’ edge is a truly end-to-end ecosystem. Unlike niche competitors, it builds revenue by owning multiple stages: property listings, agent network, loan facilitation, and even home furnishings[2]. Its technology (AI-powered valuations, digital contracts) streamlines transactions. By tackling the “whole journey” and partnering with top developers, Square Yards offers unified solutions that larger, siloed players cannot.

4. MyGate

· Website: mygate.com
· Address: Bengaluru, Karnataka, India
· Employee Size: ~700
· Funding Raised: ~$83M (through Series B)
· Investors: Tencent, Tiger Global, Lightspeed India, IDG Ventures

About: MyGate provides security and community management software for gated societies. Founded in 2016, its mobile app lets residents manage visitor access (gate pass), package deliveries, staff attendance, and community announcements. The company pioneered digital visitor logs (“no ID, no entry”) in Indian communities. MyGate also offers features like maintenance fee payments, facilities booking, and a social feed for society notices. It claims thousands of active societies on its platform.

USP: MyGate’s USP is convenience and trust in society living. By centralizing all community workflows on one app, it streamlines the daily life of residents and staff. Its robust visitor authentication and emergency alerts address safety concerns. Moreover, MyGate’s integration with hardware (QR code scanners, gates) gives it an edge over purely software rivals. Its early-mover lead in India’s neighborhood tech (over Swiggy-like resident deliverability) has established strong network effects – security is more valuable as more neighbors join.

5. NestAway

· Website: nestaway.com
· Address: Bengaluru, Karnataka, India
· Employee Size: ~600
· Funding Raised: ~$109M (through Series D)
· Investors: Tiger Global, Flipkart (Walton Street), Goldman Sachs, Innoven Capital

About: NestAway is India’s largest managed home rental network. Launched in 2015, it offers fully furnished rental homes to young professionals and students. NestAway partners with flat owners (often NRIs) and handles everything: tenant sourcing, furnishing (kitchens, wardrobes), monthly rent collection, and maintenance. Tenants benefit from flexible leases and bundled utility services. The platform currently lists thousands of homes in 10+ cities, providing one-click moves and a hotline for repairs.

USP: NestAway’s key advantage is turnkey rental homes. By controlling the inventory (owners give up empty flats to NestAway) and standardizing furnishings, it ensures quality and hassle-free renting. Their tech tracks payments and maintenance requests end-to-end, giving predictability to both landlords and tenants. The startup’s focus on customer experience (e.g. professional move-out services, digital agreements) addresses trust – a major pain point in India’s rental market.

6. Awfis

· Website: awfis.com
· Address: Gurugram, Haryana, India
· Employee Size: ~300
· Funding Raised: ~$51M (up to Series C)
· Investors: Sequoia Capital India, TTS:IO (Blackstone JV), InnoVen Capital

About: Awfis is a leading co-working and flexible office space provider. Founded in 2015, it operates a network of professional workspaces across 30+ Indian cities. Customers book hot desks, dedicated desks, private cabins or meeting rooms through its app or web portal – for hours, days or months. Awfis transforms idle real estate into on-demand offices for startups, SMEs, and enterprise teams. It also offers enterprise solutions, helping large companies provide employee access to offices nationwide.

USP: Awfis’s uniqueness is its anytime-anywhere network. Rather than building its own real estate, it partners with landlords to list high-quality spaces, enabling rapid scaling. Its tech platform (with mobile bookings and access control) makes it easier for users to find and pay for space on demand. This “office-as-a-service” model reduces rental commitment, appealing to cost-conscious firms. By focusing on mobile bookings and corporate tie-ups, Awfis sets itself apart from traditional coworking chains and local providers.

7. HomeLane

· Website: homelane.com
· Address: Bengaluru, Karnataka, India
· Employee Size: ~300
· Funding Raised: ~$50M+ (includes latest bridge rounds)
· Investors: Sequoia Capital India, Accel, JSW Ventures, MS Dhoni (celebrity investor)

About: HomeLane is a technology-driven home interiors startup. Founded in 2014, it offers modular solutions for kitchens, wardrobes, and full home interiors. Customers design their home using HomeLane’s web/app interface or showrooms with the help of designers. HomeLane then manufactures and installs the furniture and finishes. In late 2024, HomeLane acquired DesignCafe and raised a fresh ~₹225 crore ($27M) to accelerate growth, reflecting its strong position in the market

USP: HomeLane’s core strength is rapid, standardized interior delivery. Unlike bespoke designers, it uses pre-engineered components for quick installation, cutting project time. Its technology integration (3D visualizer, project tracker) keeps clients updated end-to-end. By acquiring DesignCafe, HomeLane now serves multiple price segments. The company’s emphasis on speed, customer support, and after-sales service (maintenance warranty, customer portal) differentiates it in India’s fragmented home decor industry.

8. Zolo Stays

· Website: zolostays.com
· Address: Bengaluru, Karnataka, India
· Employee Size: ~500
· Funding Raised: ~$90M (Series A–C)
· Investors: Nexus Venture Partners, Investcorp, IDFC Alternatives, Trifecta Capital

About: Zolo (branded Zolostays) provides fully managed co-living accommodations. Started in 2015, it leases or partners with PG hostels and apartment buildings, then rents the rooms to students and working professionals. Zolo’s fully-furnished spaces include meals, Wi-Fi, laundry, and housekeeping in one package. Residents pay a flat monthly rent (all-inclusive) via the Zolo app. The startup has thousands of beds in multiple cities and raised $56M in its 2023 Series C.

USP: Zolo’s selling point is standardization and predictability in co-living. It turns informal rental housing into a consistent brand experience: no haggling over amenities or security. Zolo’s tech platform handles everything from roommate matching to repair requests. For landlords, Zolo guarantees rent and manages operations. By branding co-living and ensuring quality (chef-cooked meals, reliable internet), Zolo stands out from unorganized PG options, appealing to its target demographic.

9. ADDA

· Website: adda.io
· Address: Plano, Texas, USA (Global HQ; strong India presence)
· Employee Size: ~170
· Funding Raised: $0 (Self-funded, profitable)
· Investors: None (Founder-owned)

About: ADDA offers cloud-based society and HOA management software. Founded in 2009 by San Banerjee, it streamlines apartment-community operations: accounting, visitor management, maintenance billing, facility booking and more. ADDA’s platform is used by 3,500+ communities across 80+ Indian cities (and clients in US, Middle East)[3]. Revenue comes entirely from subscriptions, making ADDA unique in being profitable without outside funding.

USP: ADDA’s USP is its ad-free, privacy-first approach. Unlike many free apps, ADDA never shows ads, focusing on security and data protection[9][4]. Its feature-rich suite (including AI-driven helpdesks and complete financial ledgers) offers an ERP for societies. By focusing purely on Resident Welfare Associations and minimizing gimmicks, ADDA has become a trusted standard for developers and resident groups. Its longevity and profitability set it apart as a sustainable PropTech veteran.

10. Powerplay

· Website: getpowerplay.in
· Address: Bengaluru, Karnataka, India
· Employee Size: ~50
· Funding Raised: ~$5M (Series A)
· Investors: Accel, India Quotient, Orios Venture Partners

About: Powerplay is a SaaS platform for the construction industry. Founded in 2017 by ex-construction engineers, it digitizes project site operations. Powerplay’s mobile/desktop app ties together project management, material procurement, labour management, issue tracking, and finances. It provides builders real-time dashboards of progress and costs. The startup serves mid-size construction firms looking to modernize. It has shown rapid traction, enabling workflows that were traditionally manual (paper logs, spreadsheets) to go digital.

USP: Powerplay’s advantage is end-to-end on-site control. By combining multiple functions – from Gantt chart planning to workforce scheduling – in one tool, it prevents the siloed usage of multiple apps. Its offline-capable mobile app lets site engineers capture data instantly, avoiding delays. For example, materials drawn at a site or labour attendance get logged instantly. As one of India’s few construction-specific ERPs, Powerplay empowers field teams with analytics (cost overruns alerting) that no paper-and-pencil process can match.

Emerging Real Estate Startup Ideas and PropTech Innovations

The PropTech frontier is vast. Some high-potential startup ideas include fractional home ownership platforms (using blockchain to let multiple investors co-own expensive assets) and AI-driven dynamic price optimization (dynamic rental or sales pricing based on real-time demand). Augmented/Virtual Reality tours and home staging let buyers visualize spaces remotely. Smart-building tech is booming: IoT sensors can automate energy use and predictive maintenance in offices and apartments. Startups are also pioneering digital twin cities – virtual replicas used for urban planning.

Blockchain is being tested for secure property records (as in Dubai’s government pilot). Sustainable housing is another major trend: startups offer solar-powered homes, recycled-material construction, or community-focused “green” developments. Even finance innovations count: examples include Rent-to-Own schemes and rent-splitting fintech apps.

In short, from co-living subletting models to AI-powered brokerage assistants, entrepreneurs have a rich canvas of PropTech ideas to tackle old problems with new tech.

The Role of AI, Automation, and Data Analytics in Real Estate

AI and analytics are becoming core to property tech. Predictive algorithms can forecast property prices and rental trends, helping developers choose projects. For instance, AI models digest market data (local supply, interest rates, neighborhood growth) to suggest optimal pricing and investment returns. AI is also used for property valuation and underwriting loans. In construction, startups like Bild AI (YC-backed) automate[5] estimates by reading blueprints, slashing manual takeoff time.

On the sales side, AI chatbots handle lead qualification, and analytics score which buyer inquiries are most likely to close. Data-driven management platforms (e.g. MonkSpaces.ai) track occupancy, utilities, and resident behavior in real-time, boosting efficiency in co-living and property management. AI Automation further enters with self-service kiosks for site visits and robotic construction (3D-printed homes). In essence, AI/ML turns big property data (searches, satellite imagery, IoT sensors) into actionable insights: enabling smarter investment and 24/7 operations with leaner staff.

Funding, Hiring, and Market Dynamics in the PropTech Sector (2025)

Investors have only warmed up to PropTech. Globally, 2024 saw ~$4.3B in PropTech growth capital and debt[6], even amid high interest rates. While deal volume dipped (90 deals in 2024 was a five-year low), many predict a rebound as valuations stabilize. In India, PropTech has attracted both local VCs and strategic investors. Notable deals include Livspace’s multi-hundred-million funding rounds and recent capital injections into brokerage platforms. Large real estate firms and PE funds (e.g. Blackstone, KKR) are scouting acquisitions in space.

The talent crunch is acute. PropTech startups compete fiercely for software engineers, data scientists, and product leads – often offering 20–50% premium pay over traditional IT roles. (For example, senior developers may command ₹30–50 lakh/year in metro centers.) As a result, in-demand skills include AI analytics, AI Generalists IoT engineering, and fintech compliance expertise. This shortage drives up salaries and stock comp. Simultaneously, outsourcing and gig platforms are growing to supply niche expertise (architecture analytics, drone surveying).

M&A activity is also heating up: expect larger incumbents to acquire or partner with PropTechs to fill gaps (e.g. an asset manager buying a market intelligence startup). Likewise, startups may merge to bundle services (one sees co-living and finance tools merging to form “rental management” suites). In summary, PropTech funding and consolidation are accelerating. Startups that can quickly scale (through strategic hires or partnerships) and demonstrate return-on-investment (e.g. cost savings in construction, higher rents in managed housing) will attract the most capital in 2025.

Future Outlook: Opportunities, Challenges & Predictions for 2030

The road ahead holds major opportunities. Demand for affordable & rental housing (RE-as-a-Service) is surging – startups that lower homeownership barriers or professionalize rentals can win big. Smart city projects will require platforms for traffic, utilities, and citizen services – a boon for urban PropTech. Sustainability mandates mean green building and ESG-tech are prime fields (e.g. energy-trading apps for buildings, vertical gardens). Mumbai, Delhi, Bangalore and Tier-2 cities alike will need innovations in logistics with AI (warehousing) and commercial real estate analytics.

However, challenges loom. Real estate is heavily regulated; startups must navigate RERA, land-title laws, and data privacy rules. High capital intensity remains an issue – scaling physical infrastructure (modular factories, co-living spaces) requires funding. The market is fragmented: local nuances (language, climate, zoning) require tailored solutions. Entrepreneurs must also build user trust in digital processes (e.g. ensure secure e-signatures, data encryption).

By 2030, though, India is poised to be among the top proptech ecosystems. Analysts project the global real estate market to triple, and India specifically to be a multi-hundred-billion market[7]. The winners will be those combining tech innovation with deep market expertise: for example, AI tools attuned to local demand patterns, and platforms compliant with Indian law. Partnerships between international PropTech leaders and Indian firms are likely, expanding opportunities.

Conclusion: How GrowthJockey can help Real Estate Startups

Final Takeaway: The 2025–2030 decade will reward real estate entrepreneurs who blend cutting-edge tech (AI/ML, IoT, blockchain) with on-the-ground savvy (local partnerships, regulatory know-how). Success will hinge on solving real customer pain – whether it’s saving a homebuyer thousands in fees, enabling a developer to finish a project months early, or giving landlords 24/7 rental demand data. For those aiming to lead the next wave of PropTech, this means building resilient, scalable solutions that integrate seamlessly into the property ecosystem.

In this context, venture builders like GrowthJockey – Full Stack Venture Builder are facilitating real estate startups to scale. GrowthJockey applies AI-driven growth frameworks and data intelligence to help founders refine product-market fit and go-to-market strategies, ensuring new PropTech innovations align with industry resilience and business goals.

FAQs about Real Estate Startups (2025)

Q1: Which are the top real estate startups in India?

Key players include NoBroker, Livspace, Square Yards, MyGate, NestAway, Awfis, HomeLane, Zolo, ADDA, and Powerplay (see list above). Together, these 400+ PropTech startups (with three unicorns) cover everything from broker-free listings to co-living and interior design

Q2: What are some promising real estate startup ideas for 2025?

Hot ideas involve AI/ML automation (predictive pricing, virtual staging), blockchain transactions (secure title and leasing), fractional ownership platforms, AR/VR property tours, IoT-enabled smart homes, and ESG/green housing solutions. Niche innovations like Rent-to-Own schemes or IoT-driven community apps (e.g. smart parking) are also gaining traction.

Q3: How can a real estate startup attract funding?

Demonstrate clear market demand and differentiation. Focus on high-impact niches (e.g. affordable housing, coliving) and show early traction (pilot projects or partnerships with builders). Compliance certifications (ISO 27001 for data security, RERA knowledge) build investor trust. Align your pitch with macro trends (AI-driven efficiency, digitization of services) and highlight revenue models (platform fees, subscriptions).

Q4: Which countries lead in real estate tech innovation?

The US leads in total investment (Silicon Valley, New York), and Israel has a very high startup density. China has major portals and proptech giants (like Zillow equivalent “Beike”), while UK/Germany are Europe’s hubs (London’s PropTech House). In the Middle East, UAE (Dubai) and Saudi Arabia are emerging hotspots due to smart city initiatives. India is rapidly rising as a top market by 2030

Q5: What are the main challenges for real estate startups?

Regulatory complexity and high initial costs are big hurdles. Startups face fragmented consumer trust and legacy competition. Breaking into established markets (with entrenched brokers or banks) requires education and incentives. Additionally, hiring tech talent at scale is hard, and raising capital for a business tied to physical assets can be tough. Navigating property law and ensuring data privacy (especially for personal financial data) are also ongoing challenges.

  1. analysts project that by 2030 global real estate tech spend will be mainstream: - Link
  2. builds revenue by owning multiple stages: property listings, agent network, loan facilitation, and even home furnishings - Link
  3. cities (and clients in US, Middle East) - Link
  4. [9] - Link
  5. Bild AI (YC-backed) automate - Link
  6. ~$4.3B in PropTech growth capital and debt - Link
  7. multi-hundred-billion market - Link
BETA
AdGPT
Start a conversation with our new gen AI chatbot. Get customized answers on your questions about tech, AI, media, and Ads based on GJ Insights.
10th Floor, Tower A, Signature Towers, Opposite Hotel Crowne Plaza, South City I, Sector 30, Gurugram, Haryana 122001
Ward No. 06, Prevejabad, Sonpur Nitar Chand Wari, Sonpur, Saran, Bihar, 841101
Shreeji Tower, 3rd Floor, Guwahati, Assam, 781005
25/23, Karpaga Vinayagar Kovil St, Kandhanchanvadi Perungudi, Kancheepuram, Chennai, Tamil Nadu, 600096
19 Graham Street, Irvine, CA - 92617, US
10th Floor, Tower A, Signature Towers, Opposite Hotel Crowne Plaza, South City I, Sector 30, Gurugram, Haryana 122001
Ward No. 06, Prevejabad, Sonpur Nitar Chand Wari, Sonpur, Saran, Bihar, 841101
Shreeji Tower, 3rd Floor, Guwahati, Assam, 781005
25/23, Karpaga Vinayagar Kovil St, Kandhanchanvadi Perungudi, Kancheepuram, Chennai, Tamil Nadu, 600096
19 Graham Street, Irvine, CA - 92617, US