Experts' Take
Aman Agarwal, Director, KV Developers
Indian real estate sector has captivated a substantial transformation in all its operational wings over the Recent past. Along with the changing trends of demands in the realty market, the buying procedures have also witnessed a subsequent transformation. Today, developers use digital media to build communities of Like-minded individuals to convey transparency through digital platform which costs just one tenth of the Conventional print and OOH (Out of Home) media platforms and still brings 40 to 45 per cent conversions. Due to the dispersed mix of buyers, collaborative negotiation with the developers had not been a possibility So far. However, in the present day, online portals have facilitated the buyers with the power of bargaining and simultaneously enabled the developers to target a mass of home aspirers without spending much on their outreach activities. Hence, I firmly believe that digital will be future for not only real estate but also other emerging industries.
-
News4 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News3 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News4 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News3 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News4 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances