Impact of coronavirus on Indian real estate

The episode of coronavirus in Wuhan, China, and the ongoing spread in India has affected the business estimation harshly. The Indian land industry has been influenced as new dispatches have been put under control. Site visits have plunged and development exercises have gone to a pounding stop as unified organizations. For example, steel, overwhelming hardware and other crude materials are intensely subject to Chinese import….

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Highway Ministry revises target for highway construction to 60 km road per day

To ingest the misfortunes exuding from the Coronavirus emergency, the Highway Ministry has restored the day by day focus of parkway development from 30 km for each day to 60 km for each day. To ingest the stuns given by Coronavirus pandemic and following monetary misfortunes, the Central Government has set an aggressive objective of making 60 km roadways consistently. This leads to the connectivity…

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Invest: Bangalore vs Hyderabad

Hyderabad and Bangalore-both the urban areas share various things for all intents and purpose. Notwithstanding, certain things help separate between the two. In the event that you are hoping to make a land interest in any of these urban communities, here is a rundown of contemplation to get you out. Both Bangalore and Hyderabad have a flourishing innovation industry and a blasting startup culture. According…

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Coronavirus impedes enquiries, new launches and sales

The worldwide consequences of the novel Coronavirus flare-up are spread over all parts of exchange and industry, and land is no prohibition. All quarters reverberation a similar conclusion; an extreme plunge in each part of land, be it the quantity of new property postings, new venture dispatches or enquiries about private or business property. Disturbances in business cycles, travel limitations and social separating are influencing…

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About SBI home loan EMI moratorium

Following the March 27, 2020, command of the Reserve Bank of India (RBI), India’s biggest moneylender State Bank of India (SBI) has reported a three-month ban on reimbursement of home loan, to offer alleviation to clients during the Coronavirus episode. SBI has just started steps to concede the EMI installments on home credits falling due between March 1, 2020 and May 31, 2020. Here is…

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5 Reasons Why Real Estate is a Great Investment Option

Are you beholding to put in your money somewhere to earn some extra income? Why don’t you try out investing in Real Estate sector…? Investment in real estate can be a great investment option for various reasons. When the prices increase over time real estate investment generates passive income and gives good return in the long run. But of course, you need to put in…

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Home Owner Concerns Due to Poor Implementation of RERA

Property investments over the years has provide great means of getting profitable for a future which is everything but certain. Residents are now gradually transitioning from living as tenants to real-time home owners. At some point or the other, one has to realize the importance of owning a house. This is not only an asset, it even carries sentimental value as your family can count…

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Perks of Employing Social Media Strategies as an Essential Pre-Requisite in the Property Market

One needs to look at property investments with utmost interest if they need to prepare for a secured future. Just saving up money from your monthly salary account and accumulating just doesn’t cut it. One needs to make sure the money invested grows over time in order to reap formidable returns in the future. Godrej Reserve Project by Godrej properties is one such project which is…

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Dependency on Digital Platform For Real Estate Investment.

Properties investment was considered to be a luxurious investment few years back as it was limited, to few hands. Though the process of purchasing a property was tedious yet it was on of the best investment for home seekers as it involves few relocation of documents and a certain negotiation with the broker who could strike them a good deal for the desired property.
However, the current trend has changed drastically and audiences are largely oriented with online researches and analysis before they become prominent buyers. The checklist increases with submissive list down of properties before finalizing one.

What Is Digital Real Estate? Why It Is The Current Trend

Digital Platform Structure
Digital Platform Structure

Real estate is just the buying and selling of residential / commercial properties on a simplified platform. It might be an investment or just for residential stays yet it is one such enigma that indulges in profit and returns. Digital real estate works the same way but it happens through virtual platforms where buyers and sellers meet through online podiums and where the transparency remain intact. Its a million dollar game which helps in inducing a much abbreviated scenario for buying and selling.

What Is The Main Requirement? How Come It Helps in Initiation

Digital real estate platforms are many which requires a simple solution of property listings and marketed from the related builders or channel partners. Now, many of the buyers will thought of the same as hoax because digitally involving in to invest seems to make some paranoid. But its just so simple. For example, Brigade Parkside East from Brigade Groups in Sarjapur, Bangalore is an upcoming residential property. If you want to by this affordable property your are just one click away. It just required the website and the marketing technique to help you in purchase.

How Digital Real Estate Platforms Works
The real estate market faces a hell lot of challenges for which digital platforms lists the property and creates a chain of information that will create a digital tokens for the properties available.  This digitization helps in low risk, liquidity, security and transparency speculating demand for the market.

Due to the new BIM (Building Information Modeling) technology its easy to calculate information provided about the property both residential and commercial,allowing simulating building process, giving professionals (architects, designers and engineers), distinctive feature of this software is centralized data storage, which means that any modification to the building design will automatically replicate in each views such as floor plans, sections and elevation.

Digital Platform Structure
Digital Platform Structure

Digital Platform Engagement: Tips To Execute

1. Understanding Audience Need and Providing Necessary Information.
2. Creating Campaigns Both In Offline and Online Platform.
3. Use of Regional Language To Reach The Masses.
4. Amplified Mobile Sites and Responsive Website.
5. Live Chat Representative and Automated Call/SMS option.
6. Optimizing Brand by Reach Search
7. Encouraging A Two Way Conversations.

So, the development of digital platforms gets a segregation because for the availability of low cost smartphones and low cost data. This means that the number of Indians online is only going to grow from here, offering a huge advantage for real estate developers. As data are available in plenty, it helps the audiences to surf and go through the best platform before commencement of investment.

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