India, Nov. 13 -- India's real estate industry is worth an estimated $650 Bn. Yet, for a sector of this scale, the way properties are built, bought, sold and managed remains surprisingly dependent on traditional processes.

From fragmented broker networks and manual verification to lengthy property transactions and construction inefficiencies, large parts of the real estate value chain have yet to experience the technological transformation seen in sectors such as banking, commerce and mobility.

For startups, this presents an enormous opportunity. But building real estate technology comes with a unique set of challenges.

Selling to traditional developers, converting pilots into enterprise contracts, navigating regulatory complexities an...