The PropTech sector is witnessing a significant surge in funding and adoption, with over $100 million being invested in Indian PropTech startups over the past year. According to a report by Inc42, the PropTech sector has seen a growth of 50% in terms of funding, with startups like Facilio and PropertyMate witnessing significant adoption.
The growth in PropTech is attributed to the increasing demand for digital solutions in the real estate sector, with developers and channel partners looking to leverage technology to improve efficiencies and customer experience. Companies like Tata Housing and Mahindra Lifespaces are partnering with PropTech startups to leverage their solutions, with average salaries for PropTech professionals ranging from ₹10-20 LPA.
The PropTech sector is expected to continue its growth trajectory, driven by the increasing demand for digital solutions in the real estate sector.
