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Lakshadweep’s PropTech Gains $0.3M

MD. Hazu
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Virtual Tour Startups Boost Realty Transparency

Lakshadweep’s emerging PropTech sector has gained momentum with local startups securing $0.3 million in funding. The focus is on developing virtual tour platforms that enhance transparency and remote access in the Kavaratti hospitality realty market.

These digital tools allow investors and buyers to explore properties online, increasing interest in resorts, guesthouses, and boutique hotels. Real estate agents report a rise in inquiries and confidence among NRIs and mainland investors who now experience immersive site views before committing.

Industry experts believe this funding marks a pivotal step toward digitizing Lakshadweep’s property landscape, particularly in the tourism-driven hospitality segment.