Technology is transforming lives. Every aspect of our daily
living is touched by technological advancement and each of the growth sectors
are changing with the changing times. The real estate sector has also seen the
drastic reshaping of the ways in which buyers are now buying flats or taking
decisions within the comforts of their homes. So, what are the factors that
have reformed the real estate in India? If you are looking for upcoming residential projects in Borivali east/west,
we are going to look at the rise of online real estate portals and the
efficient digital solutions that helps you buy flats in Borivali sitting on a couch:-
1. Property
Information
Gone are the days when the information
regarding the properties was a secret and only few could get access to the
upcoming residential projects through newspapers or brokers. The website
portals today have made it simpler and easier for anyone from all around the
world to get the data on properties in Borivali or other places in Mumbai.
2. Property
Valuation
In the past,
it was difficult to understand the valuation of properties based on location
and other factors. The tools like map options give all the data regarding the
social infrastructure and other developments near the desired location. This
greatly helps you to evaluate the property and make your investment
decision.
3. Availability
and Possession date
The builders have caused so many headaches
for the buyers with the wrong information on the availability of flats and
apartments. Through builder’s fraudulent intentions and incorrect data on
possession date, buyers have suffered a lot in the past. This buyer’s pain point
has also been solved by the RERA verified properties and the actual date of
possession now available at property websites.
4. Cost
Comparison
The online real estate portals have made it
so much easier to know the details of property prices and the types of
properties available at a different
location in few clicks. Another feature of such online portals is that you can
compare the costs of different flats from multiple residential projects easily.
5. Huge
selection of flats
The real estate portals provide a comprehensive
list of properties available at all location across Mumbai. It is so easy to
look for new construction in Borivali
east as the upcoming residential and commercial project information is also
regularly updated onto the websites. You can easily select the flat of your
choice and move ahead with the buying decision
6. Property
trend
These property web portals help you
to understand the current property trends. The increasing and decreasing
property prices or the number of residential projects give a quick and better
idea of the property market of that
particular area. For example, If you see the property listings of 2 bhk for sale
in Borivali west substantially increase, you can be assured that the
flats in Borivali are in demand.
7. Faster
property deals
The final dealing of a real estate property
has to be done in the old-fashioned way.
This is because no website data or property growth can equate with the expert
advice from property dealers. The human trust is always required in the end.
Yet, the visualization part of properties with high-quality
images of the interior as well as
exterior helps is fastening the property deals.
These are the ways in which online real estate
portals have enhanced the quality of buyer’s decision.
There are some exciting technology tools and high-end devices which will help grow the real
estate in unfathomable ways, let’s look at two of them below:-
Virtual Reality-
The virtual reality will be the game changer in the real
estate sector. Just imagine, if you would
be able to virtually see how a living space is going to be designed and even
walk through it. This will change the buying trend forever.
Artificial
Intelligence
Artificial Intelligence in real estate sector is in its
infancy in the world and it will take a long time to reach India. But, it
promises to redefine the way we make investments, leasing, and take loans.
There are many companies today who are exploring the potential of AI in real
estate and providing fruitful experience to
buyers and sellers alike.
The property market has significantly changed in the past decade and the future looks bright with many solutions that will make buying decisions easier. Find useful information from our extensive database of properties in Mumbai at Magic Abode. Visit www.magicabode.com
