| |November 20164CIOReviewEditorialEditorialReal estate technology is unchartered territory when it comes to the Indian Market. The Indian real estate market is expected to reach a net worth of 180 billion by the end of 2020. It is no surprise that there is huge potential here when it comes to how technology can help the industry with something as simple as a compliance solution or something as complex as setting up the plan for the entire construction budget and sticking to it till the end. Come 2017, the year is in focus for paving the way for industry leaders to reconsider how technology can make real estate better in the broadest of terms. For individuals already making inroads into this domain, the opportunity may seem obvious, but we need to understand that we are talking about the Indian Market and an industry that has self sustained for many decades without much help from mainstream IT technology. But as the recent demonetization enforcement pointed out, the real estate domain is one area where there is rampant circulation of black money, to the tunes of crores, so if a IT developer approaches an developer with the Nobel cause of making services better, the manager might frown at the first mention of collecting key analytical data from the expenditures and labor costs to build the specific project. In a few words, to gather data in the Indian market is as tedious as it is `dirty'. The Indian real estate solution providers are closely moving towards the commercial side of the industry. These provide huge opportunities in terms of higher transaction volumes, high costs means high competition, high competition in turn points towards a higher expenditure towards latest technologies. Additionally with single transactions offering multiple areas for technology to be implemented, more specifically, property brokers, mortgage brokers, developers and builders, the stakes have never been higher for the Indian Real Estate IT domain. Moreover, the diversity of funding resources creates newer opportunities for better pricing and better optimization of products. CIOReview recognizes this growing need for better IT solution providers in the real estate domain, hence we have put together this years' 20 most promising real estate solution providers for you to choose the right IT solution that can fit specific needs. From property management solutions, analytical research to mobile applications and lending services, the pick is yours. Vignesh AnantharajManaging Editorvignesh@cioreviewindia.comTechnology for a Potential $180 Billion Industry PublisherEditor-in-ChiefManaging EditorOffice Editorial queries editor@cioreviewindia.comAdvertising queriessales@cioreviewindia.comBangaloreTel 080 43112203DelhiTel 011 45992100 To subscribeVisit www.cioreviewindia.com/magazine-in or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueAshok KumarVirupakshi PattarSales & MarketingAmrit SinghKirankumar HLRavi KalgiAlok ChaturvediPradeep ShankarVignesh AnantharajCIOReviewGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamChitra MishraEmmanuel Christi DasGurveen ChahalRose Mary CIOReview No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017MaitreyeeCIOReviewVOL 4 · ISSUE 6 - 3 · NOVEMBER 18 - 2016ManjunathSr. VisualizerVisualizerPrinted and published by Alok Chaturvedi on Behalf of BizprintMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Pradeep ShankarCopyright © 2016 BizprintMedia Technologies Pvt Ltd, All rights reserved. Re-production in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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