PropEquity was founded in 2007 which has since evolved into India’s largest Real-Time Real Estate Data and Analytics Company, now listed on the NSE as P.E. Analytics Limited. Recognizing a pressing need for precise primary and secondary market data within the real estate sector, Founder & CEO Mr. Samir Jasuja established an online search platform that provides invaluable insights on a subscription basis. This platform serves clients across residential, commercial, and retail sectors, offering detailed analysis from macro to micro levels.
During its early years, PropEquity quickly amassed a diverse clientele and formed a strategic partnership with Och-Ziff Capital Management to accelerate its growth trajectory. The company quickly expanded its reach to over 44 cities, ensuring an extensive data coverage that became a hallmark of its service.
Many milestones punctuate PropEquity's evolution during last decade. Notably, the company collaborated with the Ministry of Housing & Urban Affairs and the Reserve Bank of India to develop the Housing Start-up Index .
It also launched "The Property Show" on NDTV Profit and established a global B2B data analytics platform. Company also formed a Strategic partnership with CNBC NW18 for "First Time Home Buyer" show, marking its significant influence in the media industry. It was Q&A advisory session for consumers looking to buy or invest in property using data and analytics. The engagement went for 7 years with more than 700 episodes.
PropEquity provided crucial data on stalled projects encompassing about 4.5 lakh homes to SBI & Finance Ministry. Ministry further set up 20,000Cr SWAMIH (Special Window For Affordable and Mid-Income Housing) fund for reviving these stalled project based on PropEquity’s data points.
Constant technological advancements have played a crucial role in PropEquity's success. The integration of its website with seven banks and the release of the third version of "PE Plus" enhanced its service offerings.
Through the collaboration with Army Welfare Housing Organization (AWHO), PropEquity solidified its credibility & made a meaningful impact beyond the business realm which also resulted in a big Joint Venture executed with Tata Realty and Army through which over 200 crores of residential apartments were purchased by Army officers in various Tata projects in India.
In a testament to P.E. Analytics' robust business model, a major global institutional alternative asset management firm, overseeing over USD 28 billion in assets, acquired a significant stake in the company. This partnership led to substantial capital infusion, allowing PropEquity to serve over 215 institutional clients and continue its impressive growth trajectory. Promoter demonstrated his confidence in PropEquity by repurchasing the entire investor stake, reinforcing his commitment to the company's vision.
PropEquity has broadened its product portfolio by introducing commercial leasing and residential registration data products, alongside the integration of Pan India RERA data. The launch of PropEdge, a valuation subsidiary in 2021, has also bolstered the company's capabilities
A pivotal moment arrived in 2022 with the successful launch of PropEquity's IPO, which garnered enthusiastic investor interest. Leading funds, investment banks, and developers have since relied on PropEquity for their critical information needs, enabling the company to break even in its first year post-launch and achieve profitability in its second. The IPO was over-subscribed at 130x by HNI investors & 60x retail investors.
PropEquity Partnered with MAHA-RERA for project monitoring in Maharashtra. This partnership is aimed to uphold the highest standards of reliability & transparency in the real estate sector - ensuring the best protection of end user interests.
Today, P.E. Analytics boasts a strengthened Pan India presence, having expanded its product range and applied its analytical expertise to new sectors. Today PropEquity & PropEdge combined team has expanded to 500+ employees. With monthly updates on over 1,74,903 projects from 62,141 developers across more than 44 cities, PropEquity stands out for its rigorous on-ground checks, ensuring accuracy and transparency vital for informed real estate decision-making.
PropEdge Valuations have expanded its coverage to 120+ cities covering 100+ Clients including Banks, HFCs and NBFCs.
PropEquity also successfully launched India’s First ever Real Estate YouTube Channel (@Samir Jasuja- PropEquity) in Feb 2024 & have posted over 75 unique videos in long-form content. The company aims to become India’s largest real estate social media influencer and brand ambassador for real estate project and related activities.
PropEquity is planning to launch its international services in partnership with seasoned and local partners in the Middle-East. PropEquity Middle East has been incorporated in August, 2024 in Dubai and will offer its services in the Real Estate and Hospitality sectors starting with Saudi Arabia. The proposed services would include PE plus subscription service, feasibility study advisory, highest & best use studies & Asset Management services.
Although company has already collaborated with esteemed academic institutions like Wharton University, Imperial College of London, IIM Bangalore, PropEquity is also planning to venture into real estate education world by 2025 by building its own ISB/IIM equivalent MBA Programme in Real Estate and are in talks to partner with a global leader in education for online & offline courses.
P.E. Analytics is a company that is built on pure innovation
