PropTech, or Property Technology, is the application of technology to innovate and improve real estate services. Examples include online property listing platforms like MagicBricks and 99acres in India, which simplify the buying and renting process. Virtual reality offers immersive property tours, while blockchain technology ensures secure and transparent transactions. Other examples are AI-powered data analytics for market insights and augmented reality apps for virtual property staging. These technologies are driving digital transformation in the real estate industry.