Astitva

Proptech pitch deck

The proptech pitch deck: show revenue beyond one deal per customer

Property is the biggest purchase most people make, and they make it rarely. Proptech investors want to see how you earn more than once from each customer, how you win against brokers, and how the business holds up when the property market slows.

GharkhojBusiness model

Recurring revenue from rent management is now 38% of revenue, up from 9%

₹3.3₹2.0Q1Q2Q3Q4Q5Q6Deal revenue, ₹ crRecurring revenue, ₹ cr
38%of revenue now recurring
6.2%of leads close a deal
₹1.1 Lrevenue per rental deal
Quarterly revenue by type. Fictional company for illustration.
A business model slide for a fictional rental platform for landlords. It shows recurring revenue growing beside one-off deal revenue, which answers the first question proptech investors ask.
Big decision₹ croresso trust comes first
Investors askRecurring?or one deal per customer
RulesRERAif you act as an agent
WatchCyclesproperty slows and speeds up

The numbers

The numbers proptech investors check

Property transactions are large and infrequent. These numbers show whether the business can grow steadily anyway.

Transactions and revenue per deal

Deals closed, such as sales, rentals or loans, and what you earn from each. Show revenue, not the value of the property.

Revenue per deal = deal revenue ÷ deals closed

On the slide: by month and city, never with property value presented as revenue.

Lead to deal conversion

The share of enquiries or site visits that become a closed deal, and how long it takes. It shows how good your matching and service are.

Conversion = deals closed ÷ qualified leads

On the slide: as a funnel with time to close at each step.

Recurring revenue share

Rent collection, property management, subscriptions or software fees that repeat. They smooth out the property cycle.

Recurring share = recurring revenue ÷ total revenue

On the slide: by quarter, with retention of recurring customers.

Supply growth

New listings, projects or properties under management. In proptech, quality supply is usually the constraint.

On the slide: growth in verified supply by city, and the share that is exclusive to you.

From enquiry to signed lease

The same fictional company, last quarter. Verified listings and instant visit booking lifted conversion at the visit step.

9,400Qualified enquiries3,700Visits booked2,900Visits completed583Leases signed

RERA

If you act like an agent, show your registration

Section 9of the RERA Act, 2016, requires agents to register before facilitating sales in registered projects[1]
Per stateregistration is with each State RERA authority, and numbers must appear on ads[1]

Under the Real Estate (Regulation and Development) Act, 2016, real estate agents must register with the State RERA authority before facilitating the sale of plots, apartments or buildings in RERA-registered projects, and the registration number must appear in advertising and sale documents. Penalties for unregistered agents can run per day of default[1].

Whether a proptech platform counts as an agent depends on what it does. A listing site that only shows ads is different from a platform that negotiates and earns a commission on the sale. Investors will ask which you are and which registrations you hold.

For rentals, home loans and property management, other rules apply, such as tenancy laws or lending rules. Show which ones touch your model.

Rules differ by state. Confirm your position with a lawyer before you pitch.

In the meeting

Questions proptech investors ask, and answers that work

How do you win against local brokers?
A strong answerEvery listing is verified in person, visits are booked online in two taps, and landlords pay a fixed fee instead of a month's rent. In our three cities, 64% of landlords who list with us are new to online rentals.
What happens when the property market slows?
A strong answerRentals hold up better than sales, and 38% of our revenue is now monthly rent management. In last year's slow quarter, revenue dipped 6% while deal volume fell 15%.
Are you an agent under RERA?
A strong answerFor new-project sales we are registered as an agent in Maharashtra and Karnataka, and our registration numbers appear on every listing. Rentals fall under tenancy rules instead.
Why will landlords stay after the first tenant?
A strong answerOnce rent collection and maintenance run through us, switching means losing the history and the tenant record. 81% of managed landlords renewed after a year.

Slide by slide

A 12-slide outline for a proptech startup

The order follows the structure most investors expect, from Sequoia's original business plan outline[2] to Y Combinator's seed deck advice[3]. The notes are what changes for proptech.

CoverName and one line on the customer and the property job, such as "Rent your flat without a broker in Bengaluru".
ProblemThe problem for buyers, renters or owners: cost, time, trust or paperwork, with a real example.
SolutionHow it works: listing, verification, visits, payments. Show the screens.
Why nowWhy now: digital payments, RERA, rising rents, new financing or changing migration.
MarketBottom-up: transactions or properties in your cities × revenue per transaction or per year.
ProductProduct: tools for owners, buyers or renters, and what is exclusive to you.
TractionDeals, revenue, conversion and recurring revenue by quarter.
Business modelRevenue per deal, recurring revenue, gross margin and acquisition cost.
CompetitionBrokers, portals and other startups. Show cost and experience against them.
Go to marketHow you add supply and demand in a new city, and how long it takes.
TeamFounders with property, finance or operations experience.
The askAmount, runway and the cities or products it opens.

Red flags

What makes proptech investors stop reading

Investors give a deck a few minutes. DocSend found average review time fell to under three minutes in 2022[4]. These are the slides that use those minutes badly.

Write your proptech investor story clearly

Astitva writes your investor story free from a short brief, in this order, then designs each slide in your own brand for 5 credits. A 12-slide deck is 60 credits.

Start free with 50 credits

No card needed. Packs from ₹299 or $3, no subscription.

Questions founders ask

What should a proptech pitch deck include?

Twelve slides in investor order with deals closed and revenue per deal, lead to deal conversion, recurring revenue share, supply growth, how you compete with brokers, RERA status and how the business handles a slow market.

What metrics do proptech investors look at?

Transactions and revenue per deal, conversion from lead to deal, time to close, recurring revenue share and retention, supply growth and acquisition cost.

Do proptech platforms need RERA registration?

Real estate agents must register with the State RERA authority before facilitating sales in registered projects. Whether a platform counts as an agent depends on its role, so check with a lawyer.

Can Astitva make a proptech pitch deck?

Yes. Astitva writes the investor story free from a short brief and designs each slide in your brand for 5 credits. New accounts get 50 free credits.

Next: how to brand a proptech startup · all pitch deck guides

Sources

  1. Housing.com: RERA and real estate agents
  2. Sequoia business plan outline (reproduced)
  3. Y Combinator: intro to the YC seed deck
  4. TechCrunch on DocSend pitch deck research, 2022

Figures from these sources were current when this guide was written. Rules and benchmarks change, so check the latest version before you rely on one.