The process of purchasing a property has undergone a fundamental shift in the last two decades. The real estate sector has, leap-frogged in numerous ways. It has transitioned from tedious, time consuming, exhaustively lengthy to more stream-lined and easy-for-all processes.
Ms. Kamakshi Mantri, Head of Marketing, Mantri Developers Pvt. Ltd., says Gone are the days, when the fate of an honest homebuyer lay at the mercy of brokers and chains of middlemen, who were sole custodians of transactional details. Due to digitalization, the real estate sector has gotten rid of many such vices. Today, first-time buyers can make the arduous purchase journey of their dream homes from the comfort of their homes. One of the boons of searching a home online is that, it gives customers access to the world. That is the magic of digitalization.
Real estate industry, including many other businesses, has started adopting digital technology for their operational activities. People are moving from conventional method towards digital tools for their convenience. Therefore, the digital transformation of real estate is accelerating at a rapid pace.