Indian real estate sector is witnessing a transformation driven by the integration of advanced technologies, particularly artificial intelligence-based project monitoring systems.
The technology-supported innovative solutions ensure that projects, regardless of the developer's size, are monitored to meet institutional investor standards, opening new financing avenues for mid-sized developers.
“Technology is playing a pivotal role in reshaping capital allocation in the Indian real estate sector. By reducing risks, enhancing transparency, and improving operational efficiency, these advancements are not only opening up new opportunities for mid-sized developers but also contributing to a healthier, more sustainable industry,” Dosti Realty chairman and managing director Deepak Goradia said.
In the property sector, funding was so far predominantly directed towards a select group of developers largely due to the comfort and trust institutional investors had developed in them led by their execution track record and reputation.
“One of the key benefits of these technologies is the ability to generate accurate cash flow projections and profitability reports. This allows investors to assess the financial health of a project more effectively and take pre-emptive action if any potential issues are identified,” said Sangram Baviskar, MD, real estate practice at TruBoard Partners, a tech-enabled asset management platform.
According to him, AI-powered sales analysis tools compare actual sales data against business plans,