India has reported 77 deals amounting to $ 928 million in the property technology space since 2013, the maximum by any country in Asia–Pacific region. In value terms, however, Greater China leads in the region with $3,025 million of investment collected with 34 deals during the same period.

The proptech space, a blend of property and technology market, has made it big in India.

Across the Asia Pacific region, India is one of the most dynamic markets for proptech and has reported the most number of deals since 2013, according to the recent report Clicks and Mortar: The Growing Influence of Proptech, jointly authored by international property consultants JLL and Tech in Asia, a media, events and jobs platform for start-ups.

Ramesh Nair, CEO & Country Head, JLL India said, “According to the report, while India is ahead of other regions in terms of number of deals with 77 deals, Greater China (Mainland China & Hong Kong) stands second with 34 deals. However, Greater China’s 34 deals have collectively attracted the largest amount of $3,025 during the said period. Against this, India stands second with deals amounting to $928 followed by South East Asia, North East Asia excluding China and Hong Kong and Australasia. China alone commands over 60 per cent of the total deal value in the region.”