PropTech Radar - 15th February 2026

PropertyPistol Raises $2.7 Mn Pre-Series B Led by Ashish Kacholia

PropertyPistol raised $2.7 Mn (₹25 Cr) in a Pre-Series B led by Ashish Kacholia to expand in Dubai and strengthen Delhi-NCR operations. The funding will drive tech upgrades and distribution growth across its 30+ city network.

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Nila Spaces Invests ₹6 Cr in Alt DRX to Advance Real Estate Tokenisation

Nila Spaces invested ₹6 Cr in Alt DRX to scale blockchain-based real estate tokenisation and fractional ownership. The move supports platform growth, tech development, and regulatory alignment.

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Indian PropTech Rebounds with $550 Mn Funding Across 32 Deals

India’s PropTech sector raised over $550 Mn across 32 deals in 2025, led by Infra. Market, OYO, and Square Yards. IPO momentum further reflects renewed investor confidence in full-stack platforms.

Smartworks Crosses 2 Mn Sq Ft in Mumbai with Major Lease

Smartworks leased 182,300 sq ft at The Square, Andheri East, taking its Mumbai portfolio beyond 2 Mn sq ft. The move reflects rising enterprise demand for premium flexible workspaces.

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Ashiana Housing Acquires 8.83 Acres in Maharashtra for Senior Living

Ashiana Housing acquired 8.83 acres to expand its senior living footprint, supporting phased development aligned with India’s ageing population and long-term demand for organised elder housing.

Navi Mumbai Property Expo Records 700+ Home Sales

A Navi Mumbai property expo recorded over 700 home sales, driven by end-users and first-time buyers, with strong traction in affordable and mid-income segments.

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Union Budget 2026–27 Infrastructure Push Strengthens Real Estate Growth

Infrastructure investments across transport and industrial corridors are expected to boost housing, office, and logistics demand, particularly in emerging cities.

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MHADA Opens Sale of 120 Mumbai Flats Under FCFS Scheme

MHADA introduced a first-come, first-served sale for 120 flats, improving access to affordable housing while accelerating inventory clearance.

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Education Infrastructure Emerges as Key Real Estate Growth Driver

Rising enrolments and campus expansion are driving land demand and boosting rental housing, positioning education as a resilient real estate asset class.