Page 32 - 10 Most Promising Real Estate Technology Solution Providers 2019
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Bolstering Real Estate With Smart                             R  eal Estate
                                        Marketing and Engagement Platforms







                                             Real Estate companies to be more     going forward.
                                             customer centric just like any other
                                             industry. Perfectly understanding these   The “Amazon of Real Estate” in
                                                                                  making
                                             challenges, Mumbai based Lockated
                                             endeavors to transform the real-estate   Lockated is further expanding into
                                             industry, with smart software, to cater   becoming a managed market place
                                             to the needs of realtors and consumers.  for the Real Estate Sector catering to

                    Chetan Bafna             Adding Value to Customer Loyalty     all the needs of a New Home Buyer.
                                                                                  Lockated focuses at making the buyers
                    Founder CEO              Management for Real Estate
                                                                                  journey extremely
        The real estate industry has         Incepted in 2015, Lockated is a realty
        undergone transformational changes   tech company which is enabling       smooth& convenient. Lockated
        in the past decade with RERA         the transformation of the sector.    will soon start offering Interiors,
        bringing transparency, changing      Recognizing the gap and the immense   Automation, leasing services, etc.
        buyer behavior coupled with the      potential for opportunity, the company   through multiple enplaned vendors
        dynamically evolving lifestyle and   started with its 1st solution – a next   through its platform as an extension to
        consumer facing technology. Real     generation Mobile CRM Tool for       the value added services by the Real
        Estate Development companies across   Real Estate companies integrated with   Estate companies. The Customers will
        the nation are constantly looking    SMART Community & Complex            get the best price and host of product
        at adding more SMART features in     Management systems and Smart         choices customized to their needs
        their projects to differentiate them   Home devices. By adopting Lockated,   at the comfort of their home with
        from the competition and make        the Real Estate company converts the   assured deliverable, and that will make
        them more relevant to the current    entire Project into a Smart Project. The   Lockated the 1st and only managed
        lifestyle of the customers. Given the   solution helps Real Estate companies   market place for Real Estate Globally.
        changing landscape of the industry   to bridge the gap between their      With real estate companies now
        and the customer being the new king,   offering and customer expectations. It   identifying customer loyalty and
        companies are employing advanced     further provides an Enhanced Buying   engagement as an important factor
        customer facing technologies to      experience and customer journey.     to enhance their sales and brand
        enhance their offerings. Furthermore,   The Lockated solution can also be   positioning, Lockated not only caters
        as an industry that involves high ticket   integrated with the existing CRM of   to CRM and Customer Loyalty
        value and involves sentimental buying   the company.                      Management to help them generate
        there is a dire need of efficient Client                                  more engagement and increase
        Servicing, Interaction and providing a   Another crucial challenge addressed
        delighted experience to their customer   by Lockated is the static nature of   their customer connect but is also
                                                                                  establishing itself in adding value to
        who make the biggest investment in   mobile app adoption within the real   this ecosystem for all the Stake holders
        their lifespan. Organizations want   estate companies. Lockated powered
        to create better touch points and    mobile platform serves as a unique   by providing value added services.
                                                                                  Today we have created touch points
        relations with their existing customer   solution that not only enables Real   and are catering to all the needs of
        to build a brand of reliability and   Estate companies to showcase their
        trustm which will drive advocacy and   Company/Project profile but to also   our stakeholders across all phases of
                                                                                  the lifecycle of a Real Estate Project,”
        lead to positive impact on sales. In   create significant engagement on their   affirms Chetan Bafna, Founder &
        order to ensure improved marketing   App, thereby enhancing Consumer
        penetration, customer retention,     Loyalty. Today Lockated has about    CEO. The company has also evolved
                                                                                  and expanded since its inception, to
        lead generation and subsequent       20000+ units being delivered through   venture into IoT, Home Automation
        business growth there is a need for   its platform across its clients and will   and Interior Solutions. “Whether it’s
                                             add about 25000+ units every year
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