A TOUCH OF TECHNOLOGY IN REAL ESTATE INDUSTRY

If the commercial scenario of the present and previous decade is taken into consideration, a pattern of increase in profit is noted in the real estate industry.

cochi, India (prHWY.com) March 24, 2012 - If the commercial scenario of the present and previous decade is taken into consideration, a pattern of increase in profit is noted in the real estate industry. The growing number of nuclear families adds to the increase in demand for independent households. The problem of supply not able to meet the demand is faced over here too or rather; the demand and/or the supply go unnoticed in many occasions. The dependence on small scale brokers in the industry meets only the demand/supply over the local sector while, the much larger global market remains impervious to the prevalent conditions. Moreover this dependence on brokers to some extent, promotes the traffic of black money and occasions where the seller/buyer is deprived of their fair price is not rare.

What it requires is to establish a fair transparent medium between the sender and the buyer where the buyer is in direct terms with the sender in case of the monetary and civil aspects of the 'goods' under consideration. The widespread usage of Google maps has reduced the many prevalent fraudulent practices towards the buyers while it by no means establishes acommunication channel that fairly advertises the product. The lack of medium is greatly rectified by the arrival of sites like offlineproperty.comand indiaproperties.com, which appeals itself to the global market. All a buyer needs to dois to go to google.com and search for their required 'product' and with a little luck, he/she might find the desired item in one or many of the property sites. A buyermay also directly approach any of the above mentioned sites to query for their desired property. A seller will have to register their product in one of the previously mentioned sites, which are Search Engine Optimized (SEO) to have them listed on Google's top 10 search resultsso as to opentheir product to the prospective buyer.Exploiting the many available functionalities of the Android Mobile Operating System, sites like offlineproprety.com have launched mobile apps that aid in both searching and registering the properties for sale.

Not far are the times when the registration and other legal formalities for property exchange will be done online. Such technological measures greatly reduce discrepancies and malpractices caused during the conduction of real estate deals and greatly benefit the parties involved. They also cater the expansion of horizons and high standard of business in the industry.

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Tag Words: property in india, properties in india, indian real estate, top property in india, property india, properties india, property portals in india, best prope

Categories: Real Estate

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