siliconindia | | December 20179request various support services. The post possession segment further incorporates the ability to raise tickets pertaining to the common area maintenance. It also allows for raising issues covered under the five-year Gera warranty. Using this app, we have been able to reach a 97 percent usage ratio and reduce our first-time site inspection by 70 percent. Gera Advantage - our construction quality control app, is a one of its kind quality tracking system which is used by our site engineers, internal quality team as well as the contractors. The entire process has eliminated the extremely antagonistic approach that is typically taken by site engineers against quality control auditors. The obvious benefit of digitisa-tion of processes are the outcome of such apps which hugely impact both developers and customers in terms of delivering not only a better product but experience as well as reducing redundancies, saving time, cost and improving the overall customer en-gagement approach. While these are examples of what we have done, I am sure there are other developers with their own advancements in the use of technology. The number of such de-velopers however is extremely small and there exists a strong case for technology innovation in the numer-ous processes that are involved in the business of real estate development.The opportunity to deploy technology in the real estate sector is humungous. It will help solve number of problems related to quality control, streamline processes and improve efficiencies with respect to all key stakeholders thereby enabling faster delivery of projects and resolution of issues. Superior technologies can help gather and provide information on smart and connected buildings, design and build homes that are economic for their owners and more functional for their occupiers, better linked to their surroundings and local infrastructure; and speed up the transactional process of granting a lease or purchasing a property. To a sector that is commonly viewed as slow on the uptake of new technologies, it is imperative that the sector seizes the opportunities that technology presents. Those opportunities will present themselves in many ways and the challenge is to identify them and find ways to deploy that technology as new and alternative ways to do business and generate revenue from real estate assets. At the same time those changes may fundamentally disrupt some or all of the existing ways of working so that all stakeholders will need to adapt and change. The scale and scope of impact is and will be wide and varied.Put simply, some issues that were never thought important (or even con-sidered) in the past could now start to become front and centre. Chang-es will undoubtedly be required as the technology revolution from the perspective of digital transformation brings new opportunities for all. It is yet to be seen how Internet of Things, AI, augmented reality and blockchain will impact the real estate sector in years to come but one might as well learn about them and fast as they are some of the key predicted technology trends in the coming years. Deploying technologies in the real estate sector help solve problems related to quality control, streamline processes, and improve efficiencies with respect to all key stakeholders
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