Four innovations that will define Real Estate in the new normal | CNBC TV18
Technology has been disrupting the real estate space globally. In recent years, India’s real estate sector has seen significant advancement in technologies that can improve planning and governance, efficiency in development, operations and overall customer experience.
From growing population and urbanisation, to increased regulatory and compliance measures, and more recently the spread of COVID-19, now reverse migration, have all impacted real estate investment, development and operations. At the same time, such macroeconomic developments, coupled with advancements in technologies, are providing a vibrant platform for innovative tech-oriented products and services in the real estate sector.
Earlier this year, India’s largest real estate services firm, JLL, launched a whitepaper titled ‘Technology Led Innovations: Impact on Urban Development and Real Estate’ at the PHD Chamber of Commerce and Industry’s Urban Technovation Summit, 2020. The whitepaper elaborates on the impact of technology led innovations on the real estate sector, and the factors that will help create an ecosystem of growth and investment.
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