With a PropTech investment of more than $551 million in India itself, real estate disruption is rising. The new landscape of residential real estate is spurred by a dynamic digital ecosystem fostering new consumption models.
From construction costs to low trust among stakeholders, Indian residential real estate is brimming with challenges. Adding to these woes was the absence of customised technology facilitating all the stages of the value chain, including pre-sales, sales, financing, construction, settlement, and management.
PropTech (property technology) bridges that gap. It is here to speed up operations to save cost and streamline procedures. The new-age tech platforms are enhancing transparency, boosting security, and automating repetitive processes.
Recent Comments