Real Estate around the world is getting smarter. Construction technologies are changing and evolving to create time saving methods. China is building skyscrapers in 24 hours and architects and engineers are looking for the next engineering marvel that will turn the real estate industry on its head. Tech developments like 3D visualisations, virtual walk-throughs and even full scale visualisations of complete homes are being created to give customers the most astounding and innovative experiences. A few of the technology innovations that have caught attention include-
3D Printed Homes & Offices
The popularity of 3D printing is gaining in all sectors and one of the most ingenious solutions to be offered by it is real estate presentations. Using 3D printing real estate developers can show customers, models of house and even give them a view of interiors. Building model homes to showcase a project might become passé soon as more real estate agencies and construction firms are opting for the use of 3D printers to create the models of the homes there are offering. This is currently being preferred by high end developers but its growing popularity might just make it a widespread phenomenon in the future. The process saves 30% to 60% of construction waste, decreases production time by 50% and labor costs by 80%.
All documentation is slowly but surely shifting to the digital platforms. From title deeds to contracts to agreements, every documents is slowly finding more takers in the e-document option. Countries like the USA have already progresses far ahead in the adoption of this technology with the usage of eRecording going up by over 20% year on year as per Property Records Industry Association (PRIA). India is still a late bloomer but this will make the process of compliance, legal requirements and even transaction much easier.
Drones for Real Estate Photography