The India proptech market size reached USD 1.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.6 Billion by 2033, exhibiting a growth rate (CAGR) of 13.30% during 2025-2033.Grab a sample PDF of this report: https://www.imarcgroup.com/india-proptech-market/requestsample
The growing demand for India's Proptech market stems from rapid urbanization and digital infrastructure expansion. Over 970 million internet users and 1.1 billion smartphone users enable online property platforms, virtual tours, and AI-driven insights, enhancing transaction efficiency. Government initiatives like RERA boost transparency, while PMAY-U's Technology Sub-Mission promotes innovative construction tech.
Proptech thrives on smart living trends and supportive policies amid rising urban migration. Smart home adoption has surged over 40% in cities, integrating IoT for energy management and security. Union Budget 2025 incentives for green housing and Proptech adoption, alongside Smart Cities Mission, drive digital platforms and blockchain transactions.
Key Market Trends & Insights:
Fractional Ownership Growth
Fractional ownership disrupts India's proptech by enabling retail investors to buy shares in high-end properties like Grade-A offices and luxury assets, reducing entry barriers. Platforms facilitate this through digital tokens, with GIFT City approving Realdom India Pvt Ltd for regulated tokenization. Blockchain enhances liquidity and transparency in transactions.
Real Estate Tokenization
Tokenization transforms investments via blockchain, creating tradable digital property assets without intermediaries. Gujarat International Finance Tec-City (GIFT City) serves as a hub, where IFSCA approvals allow secure fractional ownership platforms. This boosts market efficiency and investor access to premium real estate.
Smart Homes Expansion
Smart homes integrate IoT for energy management, security, and automation like AI-powered lighting and biometric access. Developers embed these in residential projects, commanding premiums from urban buyers. Digital twins aid planning, enhancing property value and user convenience nationwide.
IoT Infrastructure Rise
IoT-enabled buildings feature AI surveillance and climate control, improving commercial efficiency. Design Forum International's Odisha Mining Corporation project showcases kinetic facades and dynamic spaces. Rising incomes drive demand for tech-integrated living and workspaces.
AI and Blockchain Adoption
AI solutions streamline real estate searches and management, while blockchain secures transactions. Proptech platforms automate portfolio and facility oversight, serving housing associations and investors. Urbanization accelerates these tools' uptake across residential and commercial segments.
Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=31675&flag=E