We’re built to size each other up quickly. Even if we’re presented with lots of evidence to the contrary, we’re attached to our initial impressions – which is why people are aware of the impression they make.But it usually becomes a fake persona.We at BuildSupply believe that impressions should be as truthful as they seem. That’s how we build trust and eventually create a work culture suitable for everyone.
Advancements in technology are gradually replacing the outdated processes and operational tactics of the traditional real estate industry with innovative methodologies. A select few real estate technology companies have begun rolling out technology-based platforms in order to facilitate the operation and management of real estate assets and the construction process.
Delivered on July 1, 2017 as a masterstroke poised to iron out the complexities of multiple taxation in India, GST (or Goods & Service Tax) completed one year of its implementation.
The idea was to create a unified tax regime, or one single tax to subsumeall the various levels of taxes such as central excise duty, VAT, OCTROI, service tax, etc. Naturally, it has had a great impact on various sectors and industries in the country, including real estate.
In the 21 st century, no business or industry can remain untouched by technology for long. This disruption by innovation is taking shape in the Indian real estate sector as well, if the latest numbers are anything to go by. Since 2013, proptech in India has seen 77 deals being made, amounting to US$928 million.
Imagine a time and space in the future where no one owns any cars as it is a lot easier to ride share.The need for parking lots has disappeared as all vehicles are mobile all the time and are being utilised to their full capacity.
Nearly 31percent of India’s current population lives in urban areas and contributes 63 per cent of India’s GDP. With increasing urbanization and high GDP growth, expectations are that another 157 5 per cent (2007 350 Million people) of the rural population will migrate to urban areas by 2030.This along with China’s urbanization is the single largest contemporaneous mass migration in Human history.
1. Share with us your company profiling and latest technological advances in your products, projects and services in brief?
Build Supply is a very distinctive and an innovative SaaS enabled platform that is the most advanced and comprehensive end to end ERP solution available for the Real Estate and Construction Industry.
Technology is changing every industry. Real Estate and Construction have been slow to adapt to the changes in technology. One particular report puts the sector at just above agriculture in terms of tech adoption.On average Real Estate and Construction companies spend less than 1.5% of their topline on software.
As land prices are dropping or showing flat growth across several markets in India, plunging the country’s real estate sector into a state of despair,players are now focusing their binoculars towards startups as they look to quickly adopt technologies to improve efficiencies, reduce costs and offer more modern solutions to their buyers.
Being a hard core real estate guy who had nothing to do with technology to being the Founder of an ERP Solution company ‘BuildSupply’, which is one of the early entrant in the real estate ERP solution segment, Sameer Nayar is trying hard to help the realty developers in creating the economies of scale and scope.