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Nearestate
NearEstate.in is a Hyderabad-based PropTech (Property Technology) startup focused on modernizing the real estate search experience through immersive technology.
Here is a detailed breakdown of the company profile:
Company Snapshot
Industry: Real Estate Technology (PropTech) / Online Marketplace
Headquarters: T-Hub, Hyderabad, Telangana, India.
Founders: Venkataramana Guddeti (Founder) and Rajesh Myakala (Co-Founder & CEO).
Founded: 2018
Status: Bootstrapped (Unfunded); Recognized by DPIIT under the "Startup India" initiative.
Core Innovation: RealView360°
The company's flagship differentiator is a feature called RealView360°. Unlike traditional property portals that rely on static images, NearEstate focuses on:
Virtual Tours: Providing 360-degree virtual walkthroughs of properties, allowing users to inspect interiors remotely.
Neighborhood Mapping: Offering immersive views of the surrounding neighborhood, not just the apartment itself.
Geospatial Technology: Combining VR with location data to help buyers (especially NRIs or those relocating) make ...
... decisions without physical visits.
Target Market & Audience
Primary Region: Hyderabad, Telangana, and Andhra Pradesh.
Key Clientele:
Home Buyers: Specifically those looking for detailed, transparent visual data before visiting.
NRIs (Non-Resident Indians): A major focus is helping Telugu-speaking diaspora in countries like the US, UK, and Australia inspect properties back home remotely.
Developers & Agents: Offering them a platform to showcase "Ready to Move" and ongoing projects with higher engagement tools.
Office Location
According to their public listings, their operational address is typically listed as:
Shanmukh Empire, Ayyappa Society, Mega Hills, Madhapur, Hyderabad.
They are also associated with T-Hub (India's largest startup incubator), which lends them significant credibility in the local ecosystem.
Growth & Milestones
Listing Volume: As of late 2024/early 2025, they had surpassed 1,500+ active RealView360° property listings.
Future Plans: The company has public plans to integrate Augmented Reality (AR) for virtual furniture placement and advanced predictive analytics to help buyers estimate property appreciation.
From the quiet streets of Gajularamaram to the bustling tech corridor of Gachibowli, my journey has been all about growth. I’m Zain, 25, an MJ College engineering grad. I’m passionate about real estate technology and am currently driving innovation at NearEstate.in.
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