The India property management software market size reached USD 87.93 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 131.00 Million by 2033, exhibiting a growth rate (CAGR) of 4.53% during 2025-2033. The growing preference for software-as-a-service (SaaS) property management systems as companies and private land owners look for affordable, scalable options and the rising adoption of digital rental contracts, electronic signatures, and artificial intelligence (AI)-driven property listing services to improve user experience is bolstering the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 87.93 Million |
Market Forecast in 2033 | USD 131.00 Million |
Market Growth Rate (2025-2033) | 4.53% |
Growing Adoption of Software-as-a-Service (SaaS)-Based Property Management Solutions
The transition towards software-as-a-service (SaaS) property management systems is speeding up in India as companies and private land owners look for affordable, scalable options. SaaS software removes the requirement for significant initial investments in information technology (IT) infrastructure, providing adaptable subscription options suitable for both small and large property owners. Cloud-based systems provide instant access to property information, financial documents, and maintenance timelines from anywhere, promoting operational effectiveness. Automatic software updates and artificial intelligence (AI)-powered improvements boost security, compliance, and system efficiency without needing manual input. Furthermore, SaaS solutions work effortlessly with external applications, such as accounting software, digital payment systems, and internet of things (IoT)-driven security solutions. The need for easy-to-use, mobile-friendly platforms is fueling innovation in SaaS property management tools, as vendors prioritize advanced automation, customization features, and data-driven information. With the ongoing digital transformation, SaaS implementation is anticipated to lead the market, providing enhanced efficiency, cost-effectiveness, and accessibility. In 2024, Exalogic Consulting launched RealCube, a cloud-based SaaS platform designed to streamline property management. The platform offered integrated solutions for sales, leasing, community, and facility management, aiming to automate and improve real estate processes. RealCube was being deployed globally, including plans for expansion into India's public housing sector, aligning with the government’s Housing for All mission.
Rising User Expectations for Digital Property Transactions
Individuals in India are progressively anticipating complete digital real estate transactions, hastening the uptake of property management software that includes automated leasing, rent collection, and document verification functionalities. Digital rental contracts, electronic signatures, and artificial intelligence (AI)-driven property listing services are becoming more common as property owners and renters look for quicker and more transparent methods. Automated digital agreements guarantee legal adherence while minimizing paperwork, enhancing efficiency for property managers and landlords. Safe digital payment portals enable smooth rent collection, minimizing delays and conflicts. Moreover, mobile-compatible apps allow tenants to carry out the complete rental procedure online, from searching for properties to finalizing leases. With the rise of digital-first solutions, property management software companies are focusing on developing user-friendly platforms that incorporate AI-driven automation, secure digital transactions, and real-time tracking of payments, providing a more efficient and streamlined experience for managers, property owners, and tenants within the Indian real estate sector. In line with this trend, in 2023, Magicbricks introduced its AI-driven Bank Recommendation Engine (RBE) to assist homebuyers in finding the top home loan partners from more than 40 financial institutions. The tool assessed customer profiles and loan choices with 90% accuracy, making the loan selection process more efficient. It sought to improve customer satisfaction and streamline home loan decision-making.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on component and application.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes software (on-premises and cloud-based) and services (system integration, training and support, and consulting).
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes non-residential (retail spaces, office spaces, hotels, and others) and residential (multi-family housing, single-family housing, and others).
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered |
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Applications Covered |
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Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: