How big is the PropTech market in India?
The PropTech market in India has expanded rapidly, reaching a valuation exceeding $1 billion in 2023. This growth aligns with global trends in technology and innovation within real estate. Factors contributing to this expansion include the adoption of virtual reality in real estate, blockchain technology, and data analytics. The market's size underscores the significant impact of digital transformation on the Indian real estate sector, making it a key player in PropTech advancements.
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