India’s real estate sector is undergoing a digital transformation, from listings and brokerage to rentals and resale management. These five PropTech and Real Estate Operations (RE Ops) platforms are shaping the housing revival through scale, technology, and trust.
1. Square Yards Technology Private Limited (Square Yards)
City: Gurgaon
Founding Date: 2014
FY 2024 Revenue: ₹1009.42 Cr
Latest Valuation: ₹2,075.75 Cr (as of Sep 2025)
About the company:
Square Yards has evolved from a property brokerage to a full-stack real estate ecosystem. With a strong presence across India and the Middle East, the company integrates brokerage, mortgage, interior, and property management services under one digital umbrella. Its seamless offline-to-online model positions it as one of India’s largest PropTech players driving transparency and convenience in housing transactions.
2. Nobroker Technologies Solutions Private Limited (NoBroker)
City: Bengaluru
Founding Date: 2014
FY 2024 Revenue: ₹888.34 Cr
Latest Valuation: ₹7,965.03 Cr (as of Jul 2024)
About the company:
NoBroker revolutionized India’s rental and property market by eliminating brokerage commissions through direct owner-to-tenant listings. Its platform extends beyond rentals to offer home services, financial products, and gated-community management via NoBrokerHood. With deep user engagement and a growing services ecosystem, NoBroker stands as India’s highest-valued PropTech startup.
3. Magicbricks Realty Services Limited (Magicbricks)
City: New Delhi
Founding Date: 2013
FY 2023 Revenue: ₹308.09 Cr
Latest Valuation: ₹158.05 Cr (as of Mar 2024)
About the company:
Magicbricks, part of the Times Group, has been a pioneering force in India’s online property listings space. The platform connects buyers, sellers, and tenants with verified listings across residential and commercial segments. Its strength lies in data-driven insights, credibility, and extensive market coverage, making it one of the most trusted real estate portals in India.
4. Proptiger Marketing Services Private Limited (PropTiger)
City: Bengaluru
Founding Date: 2014
FY 2024 Revenue: ₹100.93 Cr
Latest Valuation: ₹323.56 Cr (as of Jul 2024)
About the company:
PropTiger combines human expertise with digital tools to simplify property buying and selling. Backed by REA Group (Australia), the company provides end-to-end transaction support , from project discovery to legal and financial assistance. Its omnichannel approach and curated project listings have cemented its place among India’s most dependable real estate advisory firms.
5. Nestaway Technologies Private Limited (nestaway)
City: Bengaluru
Founding Date: 2015
FY 2024 Revenue: ₹41.53 Cr
Latest Valuation: ₹87.96 Cr (as of Aug 2024)
About the company:
Nestaway began as a managed rental platform aimed at simplifying urban housing for millennials. Over time, it evolved into a full-fledged rental and property management company, offering seamless onboarding, tenant screening, and maintenance support. Despite market challenges, Nestaway continues to focus on affordability and community-centric living experiences in India’s metros.
🏡 Conclusion: PropTech’s New Growth Chapter
From NoBroker’s no-commission revolution to Square Yards’ integrated model, these startups are reshaping how Indians rent, buy, and manage homes. As digital real estate operations mature, transparency, data, and user experience will remain the cornerstones of India’s housing revival.
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