Artificial Intelligence (AI) is rapidly transforming the way property buyers search for homes and make purchasing decisions in India. Traditionally, property hunting involved browsing numerous listings, visiting multiple sites, and relying heavily on brokers for information. Today, AI-driven tools and digital platforms are streamlining this process by delivering faster, more personalized, and data-driven insights to buyers.
The digital revolution has transformed every industry by incorporating cutting-edge digital technology into their existing operations in an effort to foster creativity, boost productivity, and enhance services. The real estate industry has also been hit by the technology juggernaut propelling it forward in today’s economy.
A report by real estate firm Anarock found that 71 per cent of NRIs consider investment in the Indian housing market as the best bet, markedly higher than 55 per cent in a pre-Covid edition of the survey.
There has been a growing demand for online real estate. Digital real estate has moved out of the corporate lexicon and has now become a reality. From search and discovery to the transaction, homebuyers are now relying on the online space.
Now, just sitting at home one can thoroughly go through the property with the help of VR/3D enabled site visits, clear all his queries through chatbox-assisted inquiries and even book a property and pay through digital transactions.