Page 34 - 10 Most Promising Real Estate Technology Solution Providers 2019

mApartment
Offering Affordable and Simplified ERP Solution for Society Management
Managing a society is similar to
managing an organization and
hence it requires an ERP system
to handle the resources judiciously
and carry out its various processes
smoothly. However, residential
societies cannot afford ERP
systems to handle their society.
Also, the service providers like
shops, restaurants and pharmacies
nearby any residential area who
provide home delivery services
to residents do not have any lead
generation mechanism. As a result,
the residents use a multitude of
applications and platforms to get
their job done. Hence, there is
need for asingle window solution
with a simple user interface
accommodating all features to
facilitate every user in a society.
AppCode Technologies Pvt. Ltd. Is
addressing this challenge for real
estate business through its single
window solution - mApartment.
The company is providing a
responsive application designed
for every stakeholder in an
apartment like welfare committee,
society management, residents,
and apartment employees. The
company has currently set its
base in Faridabad and Delhi NCR
region with approximately 7000 to
8000 users.
mApartment is a Web and Mobile
app (Android & iOS) cloud based
software on SaaS model for
handling the facility management
services of Residential Societies as
well as marketplace for small
34
R eal Estate
Sandeep Srivastava
MD
entrepreneurs. Talking about
enhancing the utility factor of the
application, Sandeep Srivastava,
MD of the company says,“After a
loT of R&D, we found out that the
existing applications available in
the market have implemented a lot
of features but are very complex in
terms of UI. To simplify this, we
have designed and implemented
a very simple UI and UX so that
anybody can use it.”
The application serves as an
affordable ERP solution for the
society. mApartment provides a
solution for n number of routine
services needed by apartment
dwellers. Right from handling
complaint management, parking
management, and domestic helper
attendance management, the
solution also enables them to make
payments for medicine, grocery
and even the electricity bill. Apart
from resolving daily apartment
issues for residents, the application
also acts as a platform to generate
revenue for its users who are
service providers. Srivastava
elaborates, “Application users can
market their products or services
through the application portal to
reach out to potential customers.
And they can do so in a cost
effective way.” Leads can be raised
for nearby shops like restaurant,
grocery shops, pharmacy, doctors,
pathologists, property dealers etc.
The application also incorporates
beefed up security mechanism to
ensure safety of the residents. Its
panic alert facility helps residents
raise alarm to inform security,
neighbors and call out for help
in case of emergency. Security
being a key concern there is
a separate security module to
keep track of domestic workers,
parking management and visitor
management. The company uses
AWS EC2 server and maintains a
very high level of data security.
For its future endeavours, the
company is looking at providing
services in the overseas market.
Additionally, the company is in
the process of adopting Artificial
Intelligence and machine learning
technologies to further strengthen
its software.
December 2019