Press Release Overview
On October 15, 2026, Proppy.ai announced that it helped two United States‑based software developers, Prasad and Sandhya, secure a 3BHK apartment in Bengaluru within a 72‑hour window, ending a six‑month property search. The couple were seeking a residence priced under ₹1.5 crore that could serve as a future rental asset while they remained abroad.
Service Mechanics
Proppy.ai’s platform combines AI‑assisted property evaluation with a Dedicated Relationship Manager who provided human guidance throughout the discovery, comparison, and risk‑assessment phases. The AI curated options based on the buyers’ criteria, while the manager clarified project‑related risks and facilitated a structured decision‑making process, culminating in a booking completed under the 72‑Hour Home Buying Challenge.
Founder Commentary
Founder Niranjan stated that the technology is designed to work for buyers, noting that the AI “reads the information, asks the difficult questions, and helps buyers make decisions with greater clarity,” with human experts reviewing the AI’s output before the final buyer decision.
Company Background
Proppy.ai operates as a property search and transaction platform in India, run by Lit Proptech Pvt Ltd, headquartered in Bengaluru. The platform leverages AI, supported by human experts, to assist buyers in finding, evaluating, shortlisting, negotiating, and completing residential property purchases, extending support through to housewarming. An FAQ section confirms that overseas NRI buyers can use the service, though they must independently verify location‑specific eligibility and transaction requirements.
Additional Information
The release includes social media links (Instagram, Facebook, YouTube, LinkedIn) and the company website (https://www.proppy.ai). A disclaimer notes that the press release is distributed under an arrangement with PRNewswire and that PTI assumes no editorial responsibility.