Property buyers in India deserve better than spam calls and stale listings. Prop8t is a single portal where buyers discover projects, research developers, compare loans, and book site visits. All verified. Zero noise.
Source: Knight Frank India Real Estate H2 2025 Report
Problem
Real estate search is broken
One inquiry triggers 20+ spam calls. Over 40% of listings are stale. The buyer journey is fragmented across five different platforms. Nobody has built the intelligence layer.
01
Endless scrolling, zero signal
Finding the right property takes hours. Users scroll through hundreds of listings with no smart way to filter. One inquiry on 99acres or MagicBricks and the spam calls start immediately.
02
Cluttered with ads
Portals prioritize paid listings over relevance. Users wade through promotions instead of finding their home. The incentive structure is broken: portals serve developers, not buyers.
03
No way to ask questions
Users cannot get instant answers about properties. Every question requires calling a broker and waiting. There is no conversational interface anywhere in Indian real estate.
04
Biased recommendations
Brokers push 5 to 6 projects from their portfolio, ignoring options that might be a better fit. Recommendations are commission-driven, not buyer-driven.
Why not just ChatGPT?
Generic AI is not built for real estate
ChatGPT can answer general questions, but it cannot do what a vertical AI platform can.
01
Horizontally built
Generic model trained on data across the world. Not domain-specific for Indian real estate. No RERA data, no developer track records, no verified pricing.
02
Relies on SEO results
If a random page with good SEO says "this developer is best," ChatGPT will repeat it. No verified data pipeline. No ground truth.
03
No verified developer data
No partnerships, no real-time updates, no verified information from developers. Cannot tell you actual availability, pricing, or delivery timelines.
04
Generic answers
Basic responses with surface-level reasoning. Not personalized recommendations based on your budget, lifestyle, commute, or investment goals.
Why now
The future is vertical AI
Every major domain is getting its own AI-native platform. Real estate is next.
Company
Domain
Valuation
Cursor
Coding
$29B
Perplexity
Search
$20B
Harvey
Legal
$8B
Abridge
Healthcare
$5.3B
Prop8t
Real Estate
Building
GDP at 7.3%
RBI revised FY26 growth to 7.3%. Fastest-growing major economy. Source: RBI Monetary Policy, 2025
125 bps rate cuts
Repo rate down 125 bps since Feb 2025. Home loans at multi-year lows. Source: RBI
AI inflection
LLMs handle complex multi-step tasks. Conversational AI is production-ready. This was not possible 2 years ago.
800M+ online
India's internet population searches online first. Millennials and Gen-Z expect AI-native, not legacy.
RERA data
RERA mandates structured project data. Creates the foundation AI needs. Previously this data did not exist.
Market
Trillion-dollar market, zero AI-native portals
India's real estate market is the world's fastest-growing major property market. Proptech penetration remains under 1%.
TAM
$533B
India real estate, 2025. Projected $1.26T by 2034.
Source: IMARC Group, Grand View Research
SAM
$3.2B
Online real estate services in India, top 8 cities.
SOM
$100M
3 to 4% penetration in Bangalore and Mumbai.
Residential sales by city, H2 2025 (units)
Source: Knight Frank India Real Estate H2 2025
Price growth, 12-month YoY
Source: Knight Frank India Real Estate H2 2025
Proptech funding in India ($M)
Source: Entrackr, Inc42 PropTech Reports
Sales by ticket size, H2 2025
Source: Knight Frank India Real Estate H2 2025
Global validation
Every major US portal just went AI-first
In 2025 and 2026, Zillow, Redfin, and Realtor.com all launched conversational AI. India has no equivalent.
Zillow
AI Mode
Launched March 2026. Conversational search across 100M+ homes. Remembers preferences, compares options, estimates costs.
Redfin
2x engagement
Conversational AI users viewed nearly 2x as many homes and were 47% more likely to request a tour vs. traditional filter search.
Realtor.com
ChatGPT app
Launched search within ChatGPT, March 2026. Meeting buyers where they already are while keeping agents central.
Positioning
We are creating a new category
Prop8t sits at the sweet spot between listing sites and brokerage firms.
Listing sites
99acres, MagicBricks, Housing.com
Push sponsored listings
Old manual filtering
Verified properties (some)
Focus on ad revenue
Prop8t
The sweet spot
Zero manual effort, AI filters for you
No bias, no agenda
Large verified portfolio
AI-native property research
Customer support and concierge
Brokerage firms
Traditional brokers, agencies
Limited portfolio
Push high commission options
End-to-end relationship
Not scalable
How it works
Ask anything. Find and shortlist. Research. Connect.
Four steps from search to site visit, all within one platform.
Search
Ask anything
Tell the AI what you are looking for in plain language. Get unbiased matches instantly. No filters, no scrolling, no spam.
Discover
Find and shortlist
Explore projects on map view. Compare prices, configurations, ROI, and payment plans side by side. Shortlist the ones that fit.
Research
Deep research
Analyze price trends, developer track records, RERA compliance, area insights, and investment potential before you decide.
Connect
Connect directly
Move from discovery to closing by connecting directly to the developer's team. Schedule calls, book site visits, compare loan options.
Business model
We get paid when buyers find the right property
Commission-based model plus subscription fees. Zero cost to the buyer.
Closure fee
Fee on closed deals
We charge a closure fee on every successful deal. This aligns our incentive directly with buyer outcomes and successful transactions.
Subscription
Developer listing fee
Developers pay a subscription fee to display their projects on the platform with verified data, AI-powered showcases, and qualified lead access.
Referral
Loan referral commissions
Banks and NBFCs pay per qualified loan application. AI pre-qualifies buyers, increasing conversion 3 to 5x over cold leads.
Data
Intelligence products
Market intelligence, pricing trends, and demand signals sold to developers, investors, and institutional players via API.
Unit economics
Avg deal size$150K
Closure fee per deal$3K to $4.5K
Cost to buyerZero
Growth motion
Content and tools targeting buyers researching projects
Scheduling calls within the platform
Developer co-marketing partnerships
Referrals and repeat buyers (investors buying multiple)
Landscape
Incumbents add features. We build AI-first.
No Indian portal offers conversational AI search. Incumbents are retrofitting AI onto legacy products built around ad revenue.
Capability
99acres
MagicBricks
Housing.com
NoBroker
Prop8t
Conversational AI search
No
No
No
No
Yes
Developer reputation scoring
No
No
Partial
No
Yes
AI loan matching
No
No
No
No
Yes
Smart site visit scheduling
No
No
No
No
Yes
ML property valuation
Partial
Yes
Yes
No
Yes
End-to-end orchestration
No
No
No
Partial
Yes
Zero spam, verified only
No
No
No
Yes
Yes
Roadmap
Accelerate product depth, expand buyer adoption
Jan 2026
Supply and partnerships
Onboard largest developer partners. MVP live and bootstrapped. RERA data pipeline. Top 50 builders in Bangalore.
Mar to Jul 2026
Launch
1,500 to 2,000 user signups. Qualified leads: 100 to 200. First closures: 1 to 2. Revenue: $10 to 20K. Platform awareness as key KPI.
Jul to Oct 2026
Optimize and accelerate
4,000 to 5,000 signups cumulative. Qualified leads: 250 to 300. Closures: 5 to 6. Revenue: $50 to 60K. Optimize conversion efficiency.
Oct to Dec 2026
Expand
Enter Mumbai (similar ticket size market). Accelerate to $100 to 120K revenue. Onboard key developer partners in Mumbai.
The ask
Pre-seed round
Raising
$250K
12-month runway to achieve $120K+ in revenue
Marketing and growth60%
Payroll and HR30%
Admin and operations10%
User signups, year 15,000+
Qualified leads300+
Deal closures, year 16+
Revenue target$120K+
Developer partners20+
MarketsBangalore, Mumbai
Team
Real estate meets tech
We have built Prop8t by combining deep real estate domain expertise with strong technical execution.
PK
Praveen Kumar P
Co-founder
Ex Savills India. 5 years in real estate consulting and business development. Civil Engineer and Urban Planner. Enabled real estate transactions worth $20M. Leads developer partnerships and supply-side operations.
BC
Bharathkumar Chippa
Co-founder
Former Associate Product Manager at Reliance Jio. Computer Science graduate, Mumbai University. Powered 22,000+ Reliance stores with ITSM infrastructure. Built Prop8t's MVP: entire AI stack, RAG pipeline, real-time data sync.
DK
Dr Deepak Kota
Mentor
Director, Global IT Support at Mars INC. 25 years across consulting, IT strategy, and business transformation. Industry mentor on AI, sustainability, and enterprise technology.
Let's talk
India's $533B real estate market has zero AI-native portals. The playbook is proven globally. The window is now.
See the product