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AI (Artificial Intelligence) as a Helping hand in Real Estate Industry.

In a Period of Rapid Development and Advancement in Technology, We Often Left Wondering about the Role Of Artificial Intelligence in Reshaping Our Real Estate Industries.

Real Estate is an old age business working with old fashion system but in now a days AI Brings Speedy and Smart Automation in Real Estate by evolvement in Residential, Commercial, Industrial and Infrastructural Construction Method.

In Order to Improve the old Methods.AI makes Major Change in Real Estate. Let’s See How.

Construction Methods is Developing Gradually with the help of AI and 3D Printer software like Astro print, Lychee slicer, Prusa Slicer, UltiMaker Cura. And Self-Driving Building Machines and it’s Easy Maintenance.

Source: moneycontrol.com

India’s and the world’s first 3D printed post office opened for business last week. 

The 1,021 square feet (94,9 m2) building was begun in March 2023 and executed in just 43 days, two days ahead of schedule. Using conventional methods, L&T estimates would have taken approx. 8 months. 

L&T Construction, the Indian construction giant and a leader in the 3D construction printing industry in India, unveils the country’s first 3D printed post office, a groundbreaking project completed in just 43 days. Powered by COBOD’s BOD2 3D construction printer, this achievement underscores the immense potential of 3D printing technology in revolutionizing the construction landscape. 

But Really AI can take a place of Human Builders?

AI is Great for some of the tasks Undoubtedly and also can Reduce Labor Requirements in some Areas. But It can not Touch the Creativity, Adaptability of Real People. At the same time special skills of Construction Workers are still Important.

AI also Helps in Property Management. We have Chatboats (Conversational tools that Perform Routine Tasks) for Human Conversation with digital device. and Data Analysis become very smart. But does it mean that Property Managers are replaceable?

It Might be very Helpful in Everyday Tasks, But to Deal with People and for Taking Big Decisions Human touch are required.so We Can Say AI helps Rather Than to Replace Property Managers.

Does It Can Replace Legal Expert?

As AI is very Helpful in Speed Up Data Analysis Work and Drafting various Contract. We can Say that in Real Estate Law AI is Super Helpful it Can do Time consuming and Boring work in Hasty like legal Research, Document Review, Solution in Due Diligence.

But with these pros there are also some cones of AI.That It Does not have deep Understanding, Client connection and Negotiation Skills that Human Lower Have. It means AI cannot Replace Legal Expert and Real Estate Industry still needs Skilled Legal Minds.

AI is Definitely changing Real Estate, especially in Building, Managing and Law. But it’s not just about job threats. It’s a Tool makes work easier and let’s Professionals focus more on important task. One’s Creativity and Unique skills are something that AI can’t Copy

Therefore, we can conclude that AI is just a helping hand for Real Estate industry.

Author: Sonal Patel