The PropTech sector is experiencing a significant boom, with startups raising over ₹100 crore in funding. The surge is expected to continue, with companies looking to innovate and disrupt the market.
According to a recent report, the PropTech sector has seen a significant increase in investment, with companies like Nestaway and NoBroker raising funds to expand their operations. The growth in investment is largely attributed to the increasing demand for technology-enabled solutions, driven by the government's initiatives to boost the sector.
Companies like PropTiger and Housing.com are already witnessing a significant increase in demand for their services, with the average salary for a software engineer in the PropTech sector ranging from ₹12 LPA to ₹20 LPA. With the market expected to continue its upward trend, startups are looking to innovate and disrupt the market, which is likely to lead to an increase in job opportunities for professionals in the sector.