In this era of technological advancements, every sector in various industries has been able to adapt to cutting-edge technology to improve its operational capacity. The real estate industry despite being one of the largest growing industries in India has not been able to adapt to these technological improvements.
Technology has vastly changed the global scenario. While every other thing was transformed with technology, the real estate industry somehow remained slow to adopt this change until now. Considering the data the real estate sector produces each day, more companies now rely on cutting-edge technologies to use it for better success rates.
As the Covid-19 hit, the entire world was in deep uncertainty about the jobs, inflation, income, and even survival but the technology which skyrocketed during the same time was PropTech. And experts have even predicted that it will rise exponentially in the upcoming years.