Mumbai, 28th July, 2023: The National Real Estate Development Council (NAREDCO) Maharashtra NextGen is thrilled to announce its highly anticipated annual event, Excelerate 2.0, set to take place on 4th August 2023 in Mumbai. With the theme “Unlocking Tech In the Real Estate,” Excelerate 2.0 aims to explore and celebrate the transformative role of technology in revolutionizing the real estate sector.
The Indian real estate industry is rapidly progressing towards reaching the $1 trillion mark by 2030. This impressive growth is driven by the increasing awareness among people, particularly with millennials, as nearly 52% of them consider real estate as a superior asset class due to its lucrative advantages. As a result, more tech-savvy young Indians are diverting their attention towards investing in properties, setting the stage for a technological revolution in the real estate sector.
The growth of the real estate industry can be attributed to significant advancements in technology, which have brought about enhanced efficiency, improved customer experiences, and increased profitability. Various technological innovations, such as property management systems, virtual tours, AI-driven property valuation, and blockchain-powered transactions, have revolutionized the management, purchase, and sale of real estate.
Excelerate 2.0 will serve as a platform to delve deeper into the power of technology within the real estate industry. The event will bring together industry leaders, experts, and technology enthusiasts to discuss and showcase the latest advancements, best practices, and success stories. Attendees will gain valuable insights into how technology can optimize processes, elevate customer experiences, and deliver high-quality products in the dynamic business environment of today.
Mr. Sandeep Runwal, President of NAREDCO Maharashtra, shared his thoughts, saying, “The real estate sector is witnessing a paradigm shift, with technology driving its growth and evolution. Excelerate 2.0 will provide a platform to explore the immense potential of technology and its impact on the industry. We look forward to engaging with industry leaders, experts, and stakeholders to chart the future course of real estate tech.”
Mr. Rajan Bandelkar, National President of NAREDCO added, “The technological advancements in the real estate industry are indeed remarkable, and events like Excelerate 2.0 are crucial in showcasing and understanding their impact. As we navigate the evolving landscape, it’s essential to embrace innovation while keeping the focus on sustainable and customer-centric solutions.”
Mr. Jay Morzaria, National President of NAREDCO NextGen, expressed his excitement, stating, “Excelerate 2.0 exemplifies our commitment to fostering innovation and collaboration within the real estate sector. This event will serve as a melting pot of ideas, insights, and opportunities, enabling participants to navigate the ever-changing technological landscape. We are excited to drive the real estate industry forward through the power of technology.”
Mr. Rishabh Siroya, President of NAREDCO NextGen Maharashtra, expressed his enthusiasm, stating, “Excelerate 2.0 marks an important milestone in our mission to drive innovation and technological integration within the real estate industry. We believe that technology holds the key to unlocking immense value for both businesses and customers alike. This event will be a stepping stone towards a future where technology shapes the real estate landscape.”
Excelerate 2.0 promises to be an immersive event that will highlight the impact of technology in real estate and lay the foundation for a future roadmap. Attendees will gain a comprehensive understanding of the opportunities, challenges, and strategies required to harness technology’s full potential.