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Subrat SaurabhAuthor of Kuch Woh PalThe Real Estate Sector contributes about 8% to India’s GDP and is the second-largest employer, employing about 5.5 crore individuals. The sector is estimated to touch USD 1 trillion by 2030 driven by rising demand and various reforms in recent years. Indian Realty Growth, directly and indirectly, affects the growth of more than 250 ancillary industries hence having an overall national economic impact.
Technology is disrupting the Indian Real Estate Sector and the pandemic has had a catalytic effect on the technological disruption in this sector. As the pandemic progressed, the need for technological advancement became a necessity. Real Estate has traditionally been slow to adapt to tech, however, the pandemic steered this transformation. This book critically analyses the below concepts and their relevance in the Indian Context:
*Blockchain *Artificial Intelligence *Internet of Things *Big Data *Cloud Computing
*Drones *Robotics *PropTech *3D Printing
Above mentioned technological advancements will ensure that Real Estate transforms from being an unorganised and information asymmetric sector to an organised, efficient and transparent sector.
Dr. Adv. Harshul Savla
Dr. Adv. Harshul Savla (MRICS) is a Principal Partner of M Realty (Suvidha Lifespaces) which has successfully completed more than 1.2 million sq.ft. in last 30 years across Mumbai City under the able leadership of Mr. Pramesh Rambhiya. CRISIL India recognized Dr. Harshul as “Young Thought Leader” and Realty NXT featured him as “Young Turk of Real Estate Sector”. He has won the prestigious CREDAI-MCHI Golden Pillar Award in the category of Best Debutant Real Estate Developer and has been awarded “Young Achiever of the Year” by ET NOW, CNN News 18, ZEE Business, MAHARASHTRA Times, ABP News, MID DAY and Realty Quarter.
Dr. Harshul was awarded Doctorate (Ph.D.) for his Thesis on REITs (Real Estate Investment Trusts) which is first such thesis in India on the said subject and the Thesis is also available in the form of a book. Apart from this he is an NSE Certified Market Professional - Level 4 and has done a course on ‘Strategic Real Estate Management’ from ISB, Hyderabad.
Dr. Harshul is also the National Head of the Committee on E-Learning and Masterclass at CREDAI National.
Dr. Harshul is also an Amazon Best Selling Author and has authored one of India’s most comprehensive books on Real Estate Sector. Some of his books are: ERA Post RERA, Real Estate Laws, Reality of Realty, Real Estate Valuation, Affordable Housing, NBFC & HFC Crisis, Fractional Ownership & REITs, Insolvency & Bankruptcy Code. He regularly writes articles for fortnightly business magazine “Property House”.
Dr. Harshul is also a Visiting Faculty at the prestigious RICS School of Built Environment, teaches the subject ‘Real Estate Development Process’. He is also Guest Lecturer at REMI - The Real Estate Management Institute, Mumbai.
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