Impact of Technology on Real Estate

Technological advancements are reshaping India's real estate landscape, enhancing efficiency, transparency, and customer experience. Artificial Intelligence (AI) is streamlining property management processes, from predictive maintenance to tenant screening. Blockchain technology is revolutionizing property transactions, ensuring secure, transparent, and tamper-proof digital contracts.

Internet of Things (IoT) devices are enabling smart homes with automated systems for energy management, security, and comfort. Virtual reality (VR) and augmented reality (AR) are transforming property marketing and sales, offering immersive virtual tours and interactive property showcases. PropTech startups are driving innovation with solutions for property search, online auctions, and real-time market analytics.

These advancements are not only improving operational efficiencies for developers and property managers but also enhancing decision-making for buyers and investors. The integration of technology in real estate is expected to accelerate, shaping future developments and driving sustainable growth in the industry.