Page 22 - 10 Most Promising Real Estate Technology Solution Providers 2019
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R eal Estate
Automating and Streamlinning Real
Estate Development Workflows
inventory management and finance BuildSupply is the leader in that
and marketing. There is a complete category,” says Sameer Nayar,
absence of standardization and CEO at BuildSupply.
a clear lack of automation of Instead of a siloed approach,
Sameer Nayar workflows that impacts all the once the client is on board,
stages of project planning and
CEO & Founder execution. Organizations are on the the integrated platform can be
Advancements in technology are lookout for advanced technological employed right from the project
inception followed by execution
gradually replacing the outdated solutions that can be leveraged to and monitoring of the final
processes and operational tactics of save time, increase productivity, project hand over. Through the
the traditional real estate industry boost offerings and stay compliant deployment of the cost planning
with innovative methodologies. A post the introduction of RERA and estimation, contracts and
select few real estate technology and GST in India. Putting the tendering, invoicing and billing,
companies have begun rolling ‘technology in the technology- scheduling and resource planning
out technology-based platforms driven real estate and construction modules, the product aims to break
in order to facilitate the operation domain, Gurgaon headquartered down the individual and disparate
and management of real estate Build Supply offers an end-to- departments that the teams
assets and the construction process. end and innovative SaaS and normally work within.
However, it is still in the nascent ERP platform that delivers a
stage, and the sector is plagued unique system for standardization, Ensuring an Increased Operational
with multiple pain points at its very efficiency, and transparency Efficiency
core that demand to be addressed. that assures project completion
Projects often undergo continual within the stipulated time frame The platform encompasses a
delays and revisions, have inherent at an economical cost. “There are centralized database inclusive
leakages in the system and several real estate tech companies of more than 13 million line
encounter a high level of price out there targeting purchase and items that can efficiently identify
opacity and inefficiency. This distribution of property but very any possible item of work with
adds complexity to managing and few have attempted to organize a distinct rate analysis and its
monitoring processes like process the real estate development and associated technical specifications
management, resource planning, construction process itself, and required at aconstruction site.“Our
I feel very proud to say that tool analyses project data to
22 December 2019
