The real estate industry needs to shift focus from defense to engagement and examine its business strategy of working with Financial Technology. Today Financial Technology have penetrated the real estate industry in a big way and that makes it necessary for the industry to start taking steps to engage more meaningfully with the Financial Technology. In 2022, the number of Real Estate Financial Technology across the world was around 1,318, which is about 8 times more than their number in 2020, when it was around 176. The number of Financial Technology that are in the business of target financing and investing or leasing and purchase-sale transactions are much less than startups that are focused on property development and management. Gaur City Resale Flats Noida Extension, The India has the largest number of Financial Technology with the maximum volume of business being generated. Elsewhere, India and Germany are the other markets where Financial Technology are coming up strongly.
Globally, investments in Real Estate Financial Technology have grown strongly over a 10-year period from some billion in 2008 to more billion in 2017. The dominant source of funding remains venture capital but there has been a substantial flow of capital from other sources as well. These include Real Estate services companies and investors, private equity firms, high net worth individuals and REITs. Investments are the highest in the US and India while China moving in aggressively to push Germany to the fourth spot. Dealing with Financial Technology is a challenge. Gaur City 4th Avenue price / Gaur city 5th avenue price / Gaur City 7th Avenue price
there is some anxiety among traditional Real Estate companies about dealing with startups, which they consider a threat. The ability of startups to package their offering in innovative ways that create much better customer experiences in quick time and at much lower cost is uppermost in the minds of incumbent real estate companies. However, staying away from these Financial Technology is not an option anymore for the traditional Real Estate companies. They must find ways to leverage these aggressive startups to leverage operational efficiency. It will help them drive better customer experiences as well as add more features in their offerings to generate new revenue models. Most importantly these legacy Real Estate companies can leverage technology adoptions by dealing closely with the Financial Technology and create a more level playing field for the future. Gaursons India offers construction finance to players in the building, construction and commercial real estate sectors at competitive terms. For more information regarding Commercial and residential properties to sell and busy contact to Noida and Greater Noida property agency.