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What Real Estate Builders want the most?

Real Estate Developers have been at the forefront of the real estate boom sweeping across the length and breadth of India. Armed with efficient units of architects, engineers and managers, builders like DLF have managed to change the skyline of many Indian cities.

Real Estate Developers have been at the forefront of the real estate boom sweeping across the length and breadth of India. Armed with efficient units of architects, engineers and managers, builders like DLF have managed to change the skyline of many Indian cities. World-class residential and commercial structures have come up in a big way courtesy the pioneering efforts of Indian real estate developers. In line with the phenomenal growth witnessed by the industry, the builders’ community too has been expanding at a rapid pace.



But as with any machine having numerous moving parts, it is obvious that there is bound to be a host of problems faced by this burgeoning industry that halt the smooth flow of processes and eventually builders end up operating in less than favorable conditions with ever-reducing profit margins. Not to mention, the stiff competition they face and policy paralysis. The only thing they really have a control is over their own business operations.



In terms of business operations some of the most common faced by builders include:

       
  • Lack of reliable co ordination between different departments

  •    
  • Lack of systems to track job status and generate relevant reports

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  • Lack of logs for record keeping related to material inventory, resulting in losses due to over or under ordering

  •    
  • Errors in manual processing of collating and managing information resulting in complications

  •    
  • Rigidity in existing IT setup catering to a limited number of people and projects without collaboration between stake holders

  •    
  • Inadequate means of reaching consumer and tracking customer resources

  •    
  • Operational inefficiencies, leading to loss in profits

  •    
  • Inefficiency in streamlining processes


Effectively solving these issues is the number one priority amongst all builders. An effective change in 4 or even 5 of these above problems will result in an immediate change in project visibility and a noticeable increase in profit margins. As providers of real estate software eBUILD ERPFree Web Content, we have regularly witnessed the kind of impact made by using the software that guarantees 100% accuracy and seamless integration with business integration.




Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


Sony C currently works at eBUILD Software Solutions which provides software solutions like Construction Software, Construction Analytics, and Business Intelligence Software for real estate industry.



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