INDIA, November 4, 2026: BhumiBazar Propex Private Limited, an AI-driven B2B PropTech company, today announced the successful validation of its Minimum Viable Product (MVP), marking a major milestone in its mission to build an integrated technology operating system for India's real estate brokerage and enterprise ecosystem.
Launched on May 30, 2026, in Noida and Greater Noida, BhumiBazar has organically onboarded 500+ active brokers, facilitated 700+ verified property listings and achieved 200+ average daily active users, without paid advertising or performance-marketing campaigns. Its proprietary real estate database also covers 600+ registered real estate projects, creating a foundation for structured property intelligence and data-driven discovery.
Unlike conventional property portals focused primarily on paid listings and visibility, BhumiBazar is developing a comprehensive B2B real estate operating platform that integrates property discovery, structured project intelligence, architectural layout comparisons, verified property information, merit-based listing distribution and cost-sheet solutions. The platform aims to help brokers, brokerage firms and real estate enterprises streamline operations, access reliable information and improve professional collaboration.
Founded by Mahipal Chaudhary, a real estate professional with over 16 years of industry experience, BhumiBazar was established to address information fragmentation, trust gaps and operational inefficiencies in India's real estate brokerage ecosystem. Its long-term vision is to create unified technology infrastructure connecting brokers, developers, brokerage firms and enterprises through intelligent data and automated business workflows.
The company is preparing for an enterprise-grade platform release targeted for January 2027, featuring an AI-native real estate database, an in-house Large Language Model (LLM) gateway and specialized agentic AI workflows. These technologies are being developed to automate real estate data extraction, validation, normalization and structuring, transforming fragmented property documents and project records into searchable, standardized and actionable intelligence.
As part of its nationwide growth strategy, BhumiBazar aims to expand into 25 Indian cities over the next 12–24 months, with a long-term target of building a structured database covering 1.5 lakh (150,000) or more real estate projects.
“Having spent over 16 years in the real estate industry, I understand firsthand the fragmented information, operational inefficiencies and trust gaps that professionals face every day. We built BhumiBazar to solve these fundamental challenges through technology, not simply to create another property portal. Our organic adoption reinforces our belief in the market need for a unified real estate operating infrastructure. Our next phase is focused on building the AI, data and enterprise capabilities required to scale this vision across India,” said Mahipal Chaudhary, Founder and CEO of BhumiBazar.
Currently operating on a bootstrapped foundation, BhumiBazar is entering its next phase of technology development, enterprise readiness and geographical expansion. The company is preparing for institutional fundraising and strategic investment to accelerate proprietary AI infrastructure, product engineering, real estate data development and nationwide market penetration.
