5G’s role in transforming the Indian Real Estate fully.
Transformation is showing its impact in every sector. People’s preferences have been altered by the advent of 5G. Experts like Shravan Gupta, MGF Group credit the transformation of the Indian real estate to the 5G technology. The 5G technology has eased the accessibility factor in real estate. And now it is possible to view the homes from the comfort of home and office.
The Rise of virtual tours.
Gone are the days when one visited the property physically to buy or rent it. This scenario has changed completely with the high speed 5G connectivity. It has made the virtual tour seamless and accessible for everyone. Builders like Shravan Gupta, MGF Group believe in the power of virtual tours. With Virtual tours it is possible to view the interior and exterior from anywhere in the world. The potential buyers can explore the property in vivid detail. It has made it easy to view every room and the space in the home or office.
Virtual property tours have boosted the sales in cities like Indore, Patiala and Mumbai. This has come as a boon for the realty segment transforming it completely. It is crucial in implementing the advanced real estate applications necessary for enabling virtual tours, Artificial intelligence and
The advent of Smart homes.
Smart homes are the new reality of the Indian real estate. The 5G technology has eased in creation of smart homes. It is much easier to sell smart homes that possess automated lighting system, enhanced security systems and integrated cooling and heating system. These hold an immense appeal amongst the new buyers who wish to invest in such homes. This trend has paved way also in tier 2 and 3 cities that are embracing the 5G technology.
Smart homes are the future of the Indian realty and it is bound to grow more in 2025.
Enhanced property valuation.
Property prices have escalated since 2022. Today the prices are constantly rising in all the Indian cities. The 5G technology shows the precise location within the 500 meters of the building. It plays a crucial role in boosting the price of the property. Experts say price increases more when the property is located near to a 5G tower as it is beneficial in boosting the connectivity angle.
The advancement in construction technology like pre-fabrication and modular designs have lowered the entry cost for buyers. A buyer can see the property virtually by sitting in home and office. This will lead to further elevation in the property prices of new smart homes and upcoming properties.
Real estate is on the progressive path and will grow more in 2025. This will revive the Indian real estate market. A transformation that will pave way for Indian real estate in the coming months.