SlideShare a Scribd company logo
Created on: 27th September 2021 Share: 
 
 
 	  
HOW TECHNOLOGY HAS COMPELLED THE REAL ESTATE SECTOR TO
HIT THE ‘REFRESH’ BUTTON
There was a time not too long ago, when the words ‘technology’ and ‘real estate’ did not get
along. The world of builders and developers did not embrace technology as fervently as other
sectors and services did and this has changed drastically during the pandemic years.



A brick-and-mortar business
When people decide to buy homes, they want the touch and feel experience. They want to be at
the actual site location and see the construction progress in person. They want real time, face to
face interaction with executives to clarify doubts. Overall, in real estate, seeing is the ultimate
level of belief. So, the industry operated to address these requirements. Until now.

Time for a revamp!
Of course, the importance of physical visits has not and will never diminish or completely go away.
Physical visits and interactions will score high, but the various alternative solutions will go hand-in
hand with them. Below we enumerate some of these changes.

It’s never stressful when it’s virtual
As people were stuck indoors, actual site visits dipped. In its place, virtual tours got popular to
help potential buyers get a sense of what to expect before an actual visit. This has been a real
boon in these tough times for both buyers and sellers. For instance, if you were to pick an
apartment in our under-construction project, Sky City by Oberoi Realty, you can explore the entire
project through our virtual tour and get details such as the location, social amenities, 360 degree
views, interiors of the show apartment and connectivity.

Swiftly and surely
The adoption of technology has resulted in the reduction of time spent in administrative work. Not
only does this make work more efficient it means better response time for customers. Oberoi
Realty was one of the first in real estate to genuinely institutionalize world’s leading ERP system
from SAP. This helped in streamlining internal processes, achieve integrated data flows and
thereby improve operational efficiencies, cost management and controls.

Spell marketing with an ‘E’
Most of our buyers are already profoundly connected with technology in their everyday lives. So,
reaching out to them and providing them with collaterals via websites, social media and
messaging apps have become easy now. Buyers are receptive to E-brochures, they check site
progress online, download and analyse site plans, explore 360 experience and virtual tour of the
show apartment of the project . In many instances, buyers do all this on their own and then opt to
register / buy online directly from the website.
It's always sunny when it’s smart.
Within the industry, the use of AI, robotics and proptech solutions is picking up pace and will
revolutionise how the realty sector works and responds to the challenges of the times. Over time,
it will make work more efficient and customer service more seamless resulting to be a win-win for
all. At Oberoi Realty, we have also implemented an AI based chatbot to respond to customer
queries.

Our Vision - “Technology company that does real estate”
At Oberoi Realty, we’re committed to the adoption of technology for providing better services. We
are using some of the best industry software like SAP for Accounting, Salesforce for Sales and
Marketing, Cloudstrike for IT security, BIM models and Autodesk for Architecture & Engineering,
Customer Relationship Management and Primavera for Project Management, scheduling, resource
management for construction and risk analysis. This has helped us to monitor the project
progress, offer real time solutions, risk management, cost analysis and manage resource
efficiently. Now, homebuyers can also explore our projects on WhatsApp.

Mr. Pankaj Pandit, Chief Information Officer, Oberoi Realty Ltd.,
“The Indian real estate industry has undergone a major transformation in recent years wherein a
customer centric approach is the key to product design, delivery, sales, customer experience and
hence to the company’s overall success. At Oberoi Realty, we regard ‘Technology’ as the most
important lever to grow, improve efficiency and provide superior customer experience. Therefore,
we have consistently invested in ‘best of the breed’  technology platforms those enable us to meet
PARTNER WITH US
 
Home About Us Our Projects Investor Corner Media Centre Work with Us Reach Us Blog
Subscribe Here
Name
Email


Submit
Schedule a Visit
Back
our business goals, expand seamlessly and offer upgraded customer experience in a secured
manner”.
© 2021 OBEROI REALTY LIMITED. WEBSITE TERMS AND CONDITIONS 	 PRIVACY POLICY 
 SITEMAP
 
  
  
  
  
Disclaimer:


The information contained herein is for general information purposes only. While Oberoi Realty endeavours to keep the information contained herein up to date and correct, Oberoi Realty
makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to information, products,
services, content, materials, visuals or related graphics contained herein for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event
will Oberoi Realty be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or
profits arising out of, or in connection with the use of the information contained herein. Any links to third party websites contained herein are provided as a convenience to access the
information contained therein. We have not reviewed all of the information on third party websites and disclaim any responsibility for the content or the products or services that may be
offered on or through them. Inclusion of a link to a third party website does not indicate any endorsement or approval of the site or its content.
Schedule a Visit

More Related Content

What's hot

Hvordan bygger man en digital onboarding service?
Hvordan bygger man en digital onboarding service?Hvordan bygger man en digital onboarding service?
Hvordan bygger man en digital onboarding service?
1508 A/S
 
Social Media Trends 2015
Social Media Trends 2015Social Media Trends 2015
Social Media Trends 2015
Karen Schulman Dupuis
 
Effektiv Digital Organisation / Morgenbooster / 26. marts 2014
Effektiv Digital Organisation / Morgenbooster / 26. marts 2014Effektiv Digital Organisation / Morgenbooster / 26. marts 2014
Effektiv Digital Organisation / Morgenbooster / 26. marts 2014
1508 A/S
 
Systango deck
Systango deckSystango deck
Systango deck
Vinita Rathi
 
Digital Transformation - Melbourne
Digital Transformation - MelbourneDigital Transformation - Melbourne
Digital Transformation - MelbournePrecedent
 
Meetups: Event Matchmaker - Social Biz Networking Broker
Meetups: Event Matchmaker - Social Biz Networking BrokerMeetups: Event Matchmaker - Social Biz Networking Broker
Meetups: Event Matchmaker - Social Biz Networking Broker
Ed Pimentel
 

What's hot (6)

Hvordan bygger man en digital onboarding service?
Hvordan bygger man en digital onboarding service?Hvordan bygger man en digital onboarding service?
Hvordan bygger man en digital onboarding service?
 
Social Media Trends 2015
Social Media Trends 2015Social Media Trends 2015
Social Media Trends 2015
 
Effektiv Digital Organisation / Morgenbooster / 26. marts 2014
Effektiv Digital Organisation / Morgenbooster / 26. marts 2014Effektiv Digital Organisation / Morgenbooster / 26. marts 2014
Effektiv Digital Organisation / Morgenbooster / 26. marts 2014
 
Systango deck
Systango deckSystango deck
Systango deck
 
Digital Transformation - Melbourne
Digital Transformation - MelbourneDigital Transformation - Melbourne
Digital Transformation - Melbourne
 
Meetups: Event Matchmaker - Social Biz Networking Broker
Meetups: Event Matchmaker - Social Biz Networking BrokerMeetups: Event Matchmaker - Social Biz Networking Broker
Meetups: Event Matchmaker - Social Biz Networking Broker
 

Similar to How technology has compelled the real estate sector to hit the ‘refresh’ button

A Comprehensive Guide To Real Estate App Development.pptx
A Comprehensive Guide To Real Estate App Development.pptxA Comprehensive Guide To Real Estate App Development.pptx
A Comprehensive Guide To Real Estate App Development.pptx
Concetto Labs
 
Top Exclusive Mobile App Ideas for Real Estate Businesses.pdf
Top Exclusive Mobile App Ideas for Real Estate Businesses.pdfTop Exclusive Mobile App Ideas for Real Estate Businesses.pdf
Top Exclusive Mobile App Ideas for Real Estate Businesses.pdf
AddWeb Solution Pvt. Ltd.
 
TO THE NEW Digital - Services Overview
TO THE NEW Digital - Services OverviewTO THE NEW Digital - Services Overview
TO THE NEW Digital - Services Overview
Leon Leong
 
TO THE NEW Digital - Services Overview
TO THE NEW Digital - Services OverviewTO THE NEW Digital - Services Overview
TO THE NEW Digital - Services Overview
Leon C.K. Leong
 
Here’s your digital marketing playbook for the real estate industry in 2021
Here’s your digital marketing playbook for the real estate industry in 2021Here’s your digital marketing playbook for the real estate industry in 2021
Here’s your digital marketing playbook for the real estate industry in 2021
Jeremy Mays
 
CodeBaby_General_Info_Slick
CodeBaby_General_Info_SlickCodeBaby_General_Info_Slick
CodeBaby_General_Info_SlickDouglas Farmer
 
Internet Of Things: Creativity, Innovation & The Internet of Things IOT World
Internet Of Things: Creativity, Innovation & The Internet of Things IOT WorldInternet Of Things: Creativity, Innovation & The Internet of Things IOT World
Internet Of Things: Creativity, Innovation & The Internet of Things IOT World
ReidCarlberg
 
Liferay E-commerce Development for the Real Estate Business
Liferay E-commerce Development for the Real Estate BusinessLiferay E-commerce Development for the Real Estate Business
Liferay E-commerce Development for the Real Estate Business
SurekhaTechnologies2
 
Skrots Brochure.pdf
Skrots Brochure.pdfSkrots Brochure.pdf
Skrots Brochure.pdf
AshwiniDatta1
 
Digital Reality
Digital RealityDigital Reality
Digital Reality
Deloitte Digital
 
The Most Trusted IT Managed Service Providers In India.pdf
The Most Trusted IT Managed Service Providers In India.pdfThe Most Trusted IT Managed Service Providers In India.pdf
The Most Trusted IT Managed Service Providers In India.pdf
insightssuccess2
 
"Empowering Your Business: Chipsy IT Services"
"Empowering Your Business: Chipsy IT Services""Empowering Your Business: Chipsy IT Services"
"Empowering Your Business: Chipsy IT Services"
Chipsy Information Technology Services Pvt Ltd.
 
Intersection ofeverything peter coffee presentation
Intersection ofeverything peter coffee presentationIntersection ofeverything peter coffee presentation
Intersection ofeverything peter coffee presentation
MassTLC
 
5 Technologies Redefining Future Customer Experience
5 Technologies Redefining Future Customer Experience5 Technologies Redefining Future Customer Experience
5 Technologies Redefining Future Customer Experience
Joe Tawfik
 
Modern Architectures: The Road to App Cloud 2020
Modern Architectures: The Road to App Cloud 2020Modern Architectures: The Road to App Cloud 2020
Modern Architectures: The Road to App Cloud 2020
Dreamforce
 
Best of 5 Blockchain Companies-2023.pdf
Best of 5 Blockchain Companies-2023.pdfBest of 5 Blockchain Companies-2023.pdf
Best of 5 Blockchain Companies-2023.pdf
CIOLOOKIndia
 
The 10 best performing api solution providers 2019
The 10 best performing api solution providers 2019The 10 best performing api solution providers 2019
The 10 best performing api solution providers 2019
Insights success media and technology pvt ltd
 
Top Mobile App Development Trends
Top Mobile App Development TrendsTop Mobile App Development Trends
Top Mobile App Development Trends
Jane Brewer
 
Flyweis Technology
Flyweis TechnologyFlyweis Technology
Flyweis Technology
Flyweis Services Pvt Ltd
 

Similar to How technology has compelled the real estate sector to hit the ‘refresh’ button (20)

A Comprehensive Guide To Real Estate App Development.pptx
A Comprehensive Guide To Real Estate App Development.pptxA Comprehensive Guide To Real Estate App Development.pptx
A Comprehensive Guide To Real Estate App Development.pptx
 
Top Exclusive Mobile App Ideas for Real Estate Businesses.pdf
Top Exclusive Mobile App Ideas for Real Estate Businesses.pdfTop Exclusive Mobile App Ideas for Real Estate Businesses.pdf
Top Exclusive Mobile App Ideas for Real Estate Businesses.pdf
 
TO THE NEW Digital - Services Overview
TO THE NEW Digital - Services OverviewTO THE NEW Digital - Services Overview
TO THE NEW Digital - Services Overview
 
TO THE NEW Digital - Services Overview
TO THE NEW Digital - Services OverviewTO THE NEW Digital - Services Overview
TO THE NEW Digital - Services Overview
 
Here’s your digital marketing playbook for the real estate industry in 2021
Here’s your digital marketing playbook for the real estate industry in 2021Here’s your digital marketing playbook for the real estate industry in 2021
Here’s your digital marketing playbook for the real estate industry in 2021
 
CodeBaby_General_Info_Slick
CodeBaby_General_Info_SlickCodeBaby_General_Info_Slick
CodeBaby_General_Info_Slick
 
Internet Of Things: Creativity, Innovation & The Internet of Things IOT World
Internet Of Things: Creativity, Innovation & The Internet of Things IOT WorldInternet Of Things: Creativity, Innovation & The Internet of Things IOT World
Internet Of Things: Creativity, Innovation & The Internet of Things IOT World
 
Liferay E-commerce Development for the Real Estate Business
Liferay E-commerce Development for the Real Estate BusinessLiferay E-commerce Development for the Real Estate Business
Liferay E-commerce Development for the Real Estate Business
 
Skrots Brochure.pdf
Skrots Brochure.pdfSkrots Brochure.pdf
Skrots Brochure.pdf
 
Digital Reality
Digital RealityDigital Reality
Digital Reality
 
The Most Trusted IT Managed Service Providers In India.pdf
The Most Trusted IT Managed Service Providers In India.pdfThe Most Trusted IT Managed Service Providers In India.pdf
The Most Trusted IT Managed Service Providers In India.pdf
 
"Empowering Your Business: Chipsy IT Services"
"Empowering Your Business: Chipsy IT Services""Empowering Your Business: Chipsy IT Services"
"Empowering Your Business: Chipsy IT Services"
 
Intersection ofeverything peter coffee presentation
Intersection ofeverything peter coffee presentationIntersection ofeverything peter coffee presentation
Intersection ofeverything peter coffee presentation
 
5 Technologies Redefining Future Customer Experience
5 Technologies Redefining Future Customer Experience5 Technologies Redefining Future Customer Experience
5 Technologies Redefining Future Customer Experience
 
PSMG_Video
PSMG_VideoPSMG_Video
PSMG_Video
 
Modern Architectures: The Road to App Cloud 2020
Modern Architectures: The Road to App Cloud 2020Modern Architectures: The Road to App Cloud 2020
Modern Architectures: The Road to App Cloud 2020
 
Best of 5 Blockchain Companies-2023.pdf
Best of 5 Blockchain Companies-2023.pdfBest of 5 Blockchain Companies-2023.pdf
Best of 5 Blockchain Companies-2023.pdf
 
The 10 best performing api solution providers 2019
The 10 best performing api solution providers 2019The 10 best performing api solution providers 2019
The 10 best performing api solution providers 2019
 
Top Mobile App Development Trends
Top Mobile App Development TrendsTop Mobile App Development Trends
Top Mobile App Development Trends
 
Flyweis Technology
Flyweis TechnologyFlyweis Technology
Flyweis Technology
 

More from Oberoi Realty

3 BHK Luxury Flats in Borivali East, Mumbai
3 BHK Luxury Flats in Borivali East, Mumbai3 BHK Luxury Flats in Borivali East, Mumbai
3 BHK Luxury Flats in Borivali East, Mumbai
Oberoi Realty
 
Maxima 3BHK Appartment by Oberoi Realty
Maxima 3BHK Appartment by Oberoi RealtyMaxima 3BHK Appartment by Oberoi Realty
Maxima 3BHK Appartment by Oberoi Realty
Oberoi Realty
 
Seeking a Connection to Nature, Close To Home.pdf
Seeking a Connection to Nature, Close To Home.pdfSeeking a Connection to Nature, Close To Home.pdf
Seeking a Connection to Nature, Close To Home.pdf
Oberoi Realty
 
Open spaces and their increasing importance
Open spaces and their increasing importanceOpen spaces and their increasing importance
Open spaces and their increasing importance
Oberoi Realty
 
Modern Community Living At Oberoi Garden City
Modern Community Living At Oberoi Garden CityModern Community Living At Oberoi Garden City
Modern Community Living At Oberoi Garden City
Oberoi Realty
 
Building a sustainable future
Building a sustainable futureBuilding a sustainable future
Building a sustainable future
Oberoi Realty
 

More from Oberoi Realty (6)

3 BHK Luxury Flats in Borivali East, Mumbai
3 BHK Luxury Flats in Borivali East, Mumbai3 BHK Luxury Flats in Borivali East, Mumbai
3 BHK Luxury Flats in Borivali East, Mumbai
 
Maxima 3BHK Appartment by Oberoi Realty
Maxima 3BHK Appartment by Oberoi RealtyMaxima 3BHK Appartment by Oberoi Realty
Maxima 3BHK Appartment by Oberoi Realty
 
Seeking a Connection to Nature, Close To Home.pdf
Seeking a Connection to Nature, Close To Home.pdfSeeking a Connection to Nature, Close To Home.pdf
Seeking a Connection to Nature, Close To Home.pdf
 
Open spaces and their increasing importance
Open spaces and their increasing importanceOpen spaces and their increasing importance
Open spaces and their increasing importance
 
Modern Community Living At Oberoi Garden City
Modern Community Living At Oberoi Garden CityModern Community Living At Oberoi Garden City
Modern Community Living At Oberoi Garden City
 
Building a sustainable future
Building a sustainable futureBuilding a sustainable future
Building a sustainable future
 

Recently uploaded

Hawthorn Module 1 Coverted to Slide Show - 04.06.2024.docx
Hawthorn Module 1 Coverted to Slide Show - 04.06.2024.docxHawthorn Module 1 Coverted to Slide Show - 04.06.2024.docx
Hawthorn Module 1 Coverted to Slide Show - 04.06.2024.docx
anothershaneroberts
 
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
JagadishKR1
 
How to Scan Tenants in NYC - You Should Know!
How to Scan Tenants in NYC - You Should Know!How to Scan Tenants in NYC - You Should Know!
How to Scan Tenants in NYC - You Should Know!
BelgiumManagement
 
Optimizing Your MCA Lead Capture Process for Better Results
Optimizing Your MCA Lead Capture Process for Better ResultsOptimizing Your MCA Lead Capture Process for Better Results
Optimizing Your MCA Lead Capture Process for Better Results
Lead Generation Media
 
Killer Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing TurkeyKiller Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing Turkey
Listing Turkey
 
Omaxe Sports City Dwarka A Comprehensive Guide
Omaxe Sports City Dwarka A Comprehensive GuideOmaxe Sports City Dwarka A Comprehensive Guide
Omaxe Sports City Dwarka A Comprehensive Guide
omaxesportscitydwark
 
Deutsche EuroShop | Company Presentation | 06/24
Deutsche EuroShop | Company Presentation | 06/24Deutsche EuroShop | Company Presentation | 06/24
Deutsche EuroShop | Company Presentation | 06/24
Deutsche EuroShop AG
 
One FNG by Group 108 Sector 142 Noida Construction Update
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG by Group 108 Sector 142 Noida Construction Update
One FNG by Group 108 Sector 142 Noida Construction Update
One FNG
 
Sense Levent Kagithane Catalog - Listing Turkey
Sense Levent Kagithane Catalog - Listing TurkeySense Levent Kagithane Catalog - Listing Turkey
Sense Levent Kagithane Catalog - Listing Turkey
Listing Turkey
 
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...
Volition Properties
 
SVN Live 6.3.24 Weekly Property Broadcast
SVN Live 6.3.24 Weekly Property BroadcastSVN Live 6.3.24 Weekly Property Broadcast
SVN Live 6.3.24 Weekly Property Broadcast
SVN International Corp.
 
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...
Presentation to Windust Meadows HOA Board of Directors June 4, 2024:  Focus o...Presentation to Windust Meadows HOA Board of Directors June 4, 2024:  Focus o...
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...
Joseph Lewis Aguirre
 
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...
JagadishKR1
 
Brigade Insignia at Yelahanka Brochure.pdf
Brigade Insignia at Yelahanka Brochure.pdfBrigade Insignia at Yelahanka Brochure.pdf
Brigade Insignia at Yelahanka Brochure.pdf
SachinChauhan191
 
Green Homes, Islamabad Presentation .pdf
Green Homes, Islamabad Presentation .pdfGreen Homes, Islamabad Presentation .pdf
Green Homes, Islamabad Presentation .pdf
ticktoktips
 
Torun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing TurkeyTorun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing Turkey
Listing Turkey
 
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...
BrickAndBolt
 
Simpolo Company Profile & Corporate Logo
Simpolo Company Profile & Corporate LogoSimpolo Company Profile & Corporate Logo
Simpolo Company Profile & Corporate Logo
simpolosparkteam
 
Biography and career about Lixin Azarmehr
Biography and career about Lixin AzarmehrBiography and career about Lixin Azarmehr
Biography and career about Lixin Azarmehr
Lixin Azarmehr
 
One20 North Vancouver Floor Plans by Three Shores Development.
One20 North Vancouver Floor Plans by Three Shores Development.One20 North Vancouver Floor Plans by Three Shores Development.
One20 North Vancouver Floor Plans by Three Shores Development.
VickyAulakh1
 

Recently uploaded (20)

Hawthorn Module 1 Coverted to Slide Show - 04.06.2024.docx
Hawthorn Module 1 Coverted to Slide Show - 04.06.2024.docxHawthorn Module 1 Coverted to Slide Show - 04.06.2024.docx
Hawthorn Module 1 Coverted to Slide Show - 04.06.2024.docx
 
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...
 
How to Scan Tenants in NYC - You Should Know!
How to Scan Tenants in NYC - You Should Know!How to Scan Tenants in NYC - You Should Know!
How to Scan Tenants in NYC - You Should Know!
 
Optimizing Your MCA Lead Capture Process for Better Results
Optimizing Your MCA Lead Capture Process for Better ResultsOptimizing Your MCA Lead Capture Process for Better Results
Optimizing Your MCA Lead Capture Process for Better Results
 
Killer Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing TurkeyKiller Referans Bahcesehir Catalog Listing Turkey
Killer Referans Bahcesehir Catalog Listing Turkey
 
Omaxe Sports City Dwarka A Comprehensive Guide
Omaxe Sports City Dwarka A Comprehensive GuideOmaxe Sports City Dwarka A Comprehensive Guide
Omaxe Sports City Dwarka A Comprehensive Guide
 
Deutsche EuroShop | Company Presentation | 06/24
Deutsche EuroShop | Company Presentation | 06/24Deutsche EuroShop | Company Presentation | 06/24
Deutsche EuroShop | Company Presentation | 06/24
 
One FNG by Group 108 Sector 142 Noida Construction Update
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG by Group 108 Sector 142 Noida Construction Update
One FNG by Group 108 Sector 142 Noida Construction Update
 
Sense Levent Kagithane Catalog - Listing Turkey
Sense Levent Kagithane Catalog - Listing TurkeySense Levent Kagithane Catalog - Listing Turkey
Sense Levent Kagithane Catalog - Listing Turkey
 
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...
 
SVN Live 6.3.24 Weekly Property Broadcast
SVN Live 6.3.24 Weekly Property BroadcastSVN Live 6.3.24 Weekly Property Broadcast
SVN Live 6.3.24 Weekly Property Broadcast
 
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...
Presentation to Windust Meadows HOA Board of Directors June 4, 2024:  Focus o...Presentation to Windust Meadows HOA Board of Directors June 4, 2024:  Focus o...
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...
 
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...
 
Brigade Insignia at Yelahanka Brochure.pdf
Brigade Insignia at Yelahanka Brochure.pdfBrigade Insignia at Yelahanka Brochure.pdf
Brigade Insignia at Yelahanka Brochure.pdf
 
Green Homes, Islamabad Presentation .pdf
Green Homes, Islamabad Presentation .pdfGreen Homes, Islamabad Presentation .pdf
Green Homes, Islamabad Presentation .pdf
 
Torun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing TurkeyTorun Center Residences Istanbul - Listing Turkey
Torun Center Residences Istanbul - Listing Turkey
 
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...
 
Simpolo Company Profile & Corporate Logo
Simpolo Company Profile & Corporate LogoSimpolo Company Profile & Corporate Logo
Simpolo Company Profile & Corporate Logo
 
Biography and career about Lixin Azarmehr
Biography and career about Lixin AzarmehrBiography and career about Lixin Azarmehr
Biography and career about Lixin Azarmehr
 
One20 North Vancouver Floor Plans by Three Shores Development.
One20 North Vancouver Floor Plans by Three Shores Development.One20 North Vancouver Floor Plans by Three Shores Development.
One20 North Vancouver Floor Plans by Three Shores Development.
 

How technology has compelled the real estate sector to hit the ‘refresh’ button

  • 1. Created on: 27th September 2021 Share:       HOW TECHNOLOGY HAS COMPELLED THE REAL ESTATE SECTOR TO HIT THE ‘REFRESH’ BUTTON There was a time not too long ago, when the words ‘technology’ and ‘real estate’ did not get along. The world of builders and developers did not embrace technology as fervently as other sectors and services did and this has changed drastically during the pandemic years. A brick-and-mortar business When people decide to buy homes, they want the touch and feel experience. They want to be at the actual site location and see the construction progress in person. They want real time, face to face interaction with executives to clarify doubts. Overall, in real estate, seeing is the ultimate level of belief. So, the industry operated to address these requirements. Until now. Time for a revamp! Of course, the importance of physical visits has not and will never diminish or completely go away. Physical visits and interactions will score high, but the various alternative solutions will go hand-in hand with them. Below we enumerate some of these changes. It’s never stressful when it’s virtual As people were stuck indoors, actual site visits dipped. In its place, virtual tours got popular to help potential buyers get a sense of what to expect before an actual visit. This has been a real boon in these tough times for both buyers and sellers. For instance, if you were to pick an apartment in our under-construction project, Sky City by Oberoi Realty, you can explore the entire project through our virtual tour and get details such as the location, social amenities, 360 degree views, interiors of the show apartment and connectivity. Swiftly and surely The adoption of technology has resulted in the reduction of time spent in administrative work. Not only does this make work more efficient it means better response time for customers. Oberoi Realty was one of the first in real estate to genuinely institutionalize world’s leading ERP system from SAP. This helped in streamlining internal processes, achieve integrated data flows and thereby improve operational efficiencies, cost management and controls. Spell marketing with an ‘E’ Most of our buyers are already profoundly connected with technology in their everyday lives. So, reaching out to them and providing them with collaterals via websites, social media and messaging apps have become easy now. Buyers are receptive to E-brochures, they check site progress online, download and analyse site plans, explore 360 experience and virtual tour of the show apartment of the project . In many instances, buyers do all this on their own and then opt to register / buy online directly from the website. It's always sunny when it’s smart. Within the industry, the use of AI, robotics and proptech solutions is picking up pace and will revolutionise how the realty sector works and responds to the challenges of the times. Over time, it will make work more efficient and customer service more seamless resulting to be a win-win for all. At Oberoi Realty, we have also implemented an AI based chatbot to respond to customer queries. Our Vision - “Technology company that does real estate” At Oberoi Realty, we’re committed to the adoption of technology for providing better services. We are using some of the best industry software like SAP for Accounting, Salesforce for Sales and Marketing, Cloudstrike for IT security, BIM models and Autodesk for Architecture & Engineering, Customer Relationship Management and Primavera for Project Management, scheduling, resource management for construction and risk analysis. This has helped us to monitor the project progress, offer real time solutions, risk management, cost analysis and manage resource efficiently. Now, homebuyers can also explore our projects on WhatsApp. Mr. Pankaj Pandit, Chief Information Officer, Oberoi Realty Ltd., “The Indian real estate industry has undergone a major transformation in recent years wherein a customer centric approach is the key to product design, delivery, sales, customer experience and hence to the company’s overall success. At Oberoi Realty, we regard ‘Technology’ as the most important lever to grow, improve efficiency and provide superior customer experience. Therefore, we have consistently invested in ‘best of the breed’  technology platforms those enable us to meet PARTNER WITH US   Home About Us Our Projects Investor Corner Media Centre Work with Us Reach Us Blog Subscribe Here Name Email Submit Schedule a Visit
  • 2. Back our business goals, expand seamlessly and offer upgraded customer experience in a secured manner”. © 2021 OBEROI REALTY LIMITED. WEBSITE TERMS AND CONDITIONS PRIVACY POLICY SITEMAP           Disclaimer: The information contained herein is for general information purposes only. While Oberoi Realty endeavours to keep the information contained herein up to date and correct, Oberoi Realty makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to information, products, services, content, materials, visuals or related graphics contained herein for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will Oberoi Realty be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with the use of the information contained herein. Any links to third party websites contained herein are provided as a convenience to access the information contained therein. We have not reviewed all of the information on third party websites and disclaim any responsibility for the content or the products or services that may be offered on or through them. Inclusion of a link to a third party website does not indicate any endorsement or approval of the site or its content. Schedule a Visit