Spokesperson: Mr. Chandresh Mehta, Executive Director, Rustomjee Group

India’s digital revolution is reshaping the real estate sector, with projections to reach $100 billion by 2030. At Rustomjee Group, we’re enhancing customer experiences and operational efficiency through digital tools and AI, setting new standards for innovation in the industry.”

India’s growth trajectory is spearheaded by the digital revolution transforming multiple industries especially real estate which is one of the pivotal growth engines of the economy. The proptech industry in India is expected to grow at a rate of 9.6% from 2021 to 2025, reaching $100 billion by 2030. At Rustomjee Group we are gradually undergoing a digital transformation by utilizing technologies that are crucial for elevating the customer and employee experience. For instance, we have transited to digital workplace tools that help cut the time to allocate resources to new projects from 8 weeks to 20 minutes, reduce spend on compute by 56%, amongst others. Additionally, we also work with several technology partners for smart lighting, building automation and other products & services related to construction & real estate.

We also have a customer experience center for our new luxury project ‘Rustomjee Verdant Vistas’ at Thane. Key features of the experience center include an interactive touch screen setup that allows customers to explore the entire property through an intuitive sales tool. These tools offer a holistic view of the project, covering aspects like floor plans, amenities, and 360-degree renders. It provides a dynamic way for customers to interact with the property, exploring different units and layouts at their own pace.

AI has immense potential to lead a multi-faceted digital transformation of the real estate sector. Right from offering creative design possibilities at the planning and design development stage to improving efficiency during the construction phase by identifying potential risks, optimally allocating resources and monitoring progress to name a few. All stakeholders need to work in close collaboration towards fostering tech-infused innovation in the real estate sector to propel its future growth.