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MicroMitti, a Proptech company based in India, has recently raised ₹90 crore in funding to boost its operations in the real estate sector. This includes ₹17.06 crore from a SEED round, aimed at supporting real estate investment vehicles, and ₹72.94 crore to fund real estate projects in Indore. The company’s focus is on enhancing its platform with AI-driven analytics to better serve buyers, investors, and people looking for homes.

The funds will help MicroMitti improve its offerings for those interested in buying houses and properties. They plan to use the capital to expand their presence in smaller Indian cities where there’s growing demand for real estate. MicroMitti is also focusing on large-scale real estate developments in Indore, including projects like the Selene Residential Tower, a new residential property designed by renowned architect Sanjay Puri.

In addition to its success in India, MicroMitti has expanded internationally with the launch of its U.S. arm, MicroMitti Inc. This expansion is part of the firm’s strategy to attract global investors and increase its presence in the global real estate market.

MicroMitti’s assets under management (AUM) now stand at ₹700 crore, thanks to contributions from land investors. The company is working with trusted partners, including JLL and leading law firms, to ensure that all of their properties meet high standards. Their projects include both residential developments like the Selene Residential Tower and commercial hubs like CyberCity, catering to both people looking to buy houses and businesses seeking prime locations.

Looking ahead, MicroMitti expects to generate ₹2,500 crore in asset sales over the next 3 to 5 years. With their expanding portfolio of properties and innovative technology, MicroMitti is poised to become a key player in India’s real estate market, offering a wide range of homes, properties, and real estate opportunities for buyers. For those seeking flexible rental options, platforms like EazeMyRent provide convenient solutions for finding rental homes and properties across the country.