The outburst of technology has been propelling industries in every nook and corner of the world. Real estate industry has also has been a recipient of it through PropTech, which has been disrupting the entire market and pushing change at an enormous pace. Driven by rapidly evolving needs and expectations of the consumers, PropTech has been the proponent of customer-centric approach in the realm of real estate, forcing businesses to rethink their strategies.
Digital connectivity can be looked upon as the future of property inspections. AR/VR technologies eliminate the need for traveling to see the property, saving time and money. Thus, the presence of a reliable high-speed internet option like the upcoming 5G connectivity becomes paramount. Blockchain is one another technology that has been revolutionizing everything it touches. It can remove the middleman in rental property payment and reduce transaction costs. By having a shared database of leasing processes, transaction history and ownership information can be accessed in an open and secure way.
In the wake of the rising importance of PropTech in today’s business scenario, choosing the right PropTech solution provider becomes crucial. With that in mind, our editorial board conducted a comprehensive study of leading solution providers globally. This edition of our magazine throws light on promising vendors of PropTech solution providers to enhance the real estate industry’s existing capabilities. We present to you ‘Top 10 Proptech Solution Companies - 2020’ who have garnered significant visibility in recent times for their technological finesse.