Compared to other sectors, the real estate industry was late in adopting tech. But today, after the global coronavirus crisis, trying to emerge from its labyrinth, the realty sector is adapting to the advanced tech reality.
Proptech is the latest buzzword transforming this industry with digital solutions like software, tools, websites, apps, AI, and ML and changing by using novel technologies in the overall management of property and constructing structures based on the concepts like sustainability connectivity and automation.
The ultimate result is smart realty and a comfortable modern experience to all the stakeholders, from real estate developers to the end buyers and consumers of that property.
One exemplary brand emerging fast is Clearspace, a Pune-based global Proptech firm. Established by Avinash Havele, Rishikesh Chavan, and Vaibhav Jathar, three visionary leaders and Founders, the firm is leading this tech-revolution of Indian Realty space.
A combined experience of sixty years of the three founders in corporate real estate with brands e.g. Peninsula Land Ltd., Gera Developments, Rohan Builders etc. has helped the organisation create its niche in three emerging real estate markets of Pune, Mumbai, and Dubai. Clearspace currently stands as one of the prominent brands in Pune and spreading its wings in the other promising markets in India and abroad.
In an interview with Insights Success for its edition of ‘India’s Most Admired Leaders in Real Estate,’ Avinash is briefing us about his and other founder’s transparent vision, mission, and values regarding Clearspace. The excerpts of the interview are given below.
Please brief our audience about Clearspace, its USPs, and how it is currently positioned as one of the most recommended real estate companies.
Clearspace is a prop-tech platform that works closely with the industry best real estate conglomerates, e.g., VTP Realty, Shapoorji Pallonji, Godrej etc. It helps the customers with exclusive inventories, best offers, lowest pricing as well as industry’s best performance.
Tell us more about your company’s offerings and what aspects make it stand out in the cutthroat competition.
We create a wow experience for our customers throughout their journey of buying their home through our innovative platform; this is also backed up by 60+ years of core experience in identifying the top brands, premium yet affordable homes, detailed market research and legal due diligence etc. We pledge to better ourselves every day to keep on making this experience better and better for our customers, with the help of cutting edge technology.
Being an experienced leader, share your opinion on how modern technologies like AI and ML impact the real estate space. How are you adapting to the change?
During and Post COVID – Businesses had no choice but to adopt some of the interesting methodologies with respect to digital platforms, analytics, AI, ML, etc. We see this as a sea change and are pretty sure that these tools will become game changers for businesses, employees, developers.
For the customers – this would completely transform the processes and bring in a lot of transparency to all the stakeholders involved – we are quite confident that this would help us scale our efficiency by three to five times as a business.
What would be your advice to the young generation who aspire to venture into the real estate space?
Focus, persistence, long-term approach, technology, analytics, etc., are my key takeaways for the young generation. People with a short team approach should stay away from the real estate space and come back only when prepared to take the plunge.
How do you envision scaling your company’s operations and offerings in the future?
We have seen a lot of real estate advisories or tech platforms coming to India in the last couple of decades – very few brands have become successful in making their mark pan India as well as in the international markets – Our vision for 2023 is to scale our systems, technology, and resources to cater to emerging Indian markets as well as prepare ourselves for the Global journey in 2024 and 2025.
