siliconindia | | February 202119and breadth of South India and hence we have no dearth of knowledge and quality. With their extensive localised knowledge, the partners and associates not only fulfil assignments but also provide valuable inputs or insights into a particular property. Moreover, the company has always been open for associating with more professionals with the same value systems and professional standards.ON-TIME DELIVERABILITY ENSUREDWith numerous successful case studies up their sleeves, Mr. Kumarenderan gave one instance stating, "One of the leading institutions actually wanted a quick valuation of their entire portfolio; a big sample of their portfolio comprising about 3000 odd properties just in South India. But the main pain point involved was that they just had about three day time frame as they had a board presentation to be done. So as per our competency in technology, we just completed the entire tasks in just about two days' time. Also, this was very well appreciated by the entire industry, as timely delivery of solutions has always been a major constraint in this segment."TECHNOLOGY AIDED VALUE ESTIMATION (TAVE)As a group, we are obsessed with technology. It's not just a policy, but Sreenidhi's philosophy, say Mr. Ramamohan Reddy. We follow "Never say No" policy when it comes to new technology, he adds. We have deployed one of India's most advanced valuation software developed with the latest technologies including AI powered Virtual Assistant. Our TAVE model, makes the internal reviews more scientific and eliminate subjectivity to the maximum extent. The TAVE model generates its own Automated Valuation Report and that aids us making informed decisions. As a matter of fact, technology is only behind employee costs in the annual budgetary allocation of several years now."A ROBUST ROAD AHEADGoing forward, Sreenidhi Group will be focusing on two key areas, one would be IBBI/Companies Act Valuation and second one being data powered automated valuation models. They are setting themselves to increase resources and industry centric training programs to keep their employees parallel with the changing market dynamics. And on the other side, they would be also looking at how technology will drive the supply, and how it can be optimally leveraged to solve every client's requirements. AI and ML algorithms will play a major role in value estimations. We are looking forward the launch our first automated valuation model by Q2 of 2021-22 whereby with just the latitude longitude coordinates, any individual can get a full-fledged Value estimation report.
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