You are here: Home » PTI Stories » National » News
Business Standard

India registers highest number of proptech deals in APAC

Press Trust of India  |  Mumbai 

With nearly 77 deals worth USD 928 million being reported in the property technology (proptech) space since 2013, is ahead of other regions in terms of number of transactions, a recent survey said.

The proptech space, a blend of property and technology market, has made it big in India, as there has been a rise in that technology-based listings portals offer since 2007.


According to a report by JLL and Tech in Asia, across the Pacific region, is one of the most dynamic markets for proptech and has reported the most number of deals since 2013.

While is ahead of other regions in terms of number of deals with 77 deals, Greater (Mainland and Hong Kong) stands second with 34 deals, it said.

However, Greater China's 34 deals have collectively attracted the largest amount of USD 3,025 during the period.

Against this, stands second with deals amounting to USD 928 followed by South East Asia, North East excluding and and Australasia.

alone commands over 60 per cent of the total deal value in the region.

The report further said start-ups in brokerage and leasing have received nearly 90 per cent of total Pacific proptech funding since 2012.

However, in coming years, proptech will have more to offer in with the regulation and rising transparency.

The report adds that the demand for other verticals and services such as residential home improvement, design, and maintenance will increase in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 13 2017. 20:28 IST
RECOMMENDED FOR YOU