A few titles on internet pages which tells the current story of Real Estate in India – “The Reality of the Indian Housing Bubble” , “Why India’s home prices will crash”, “Greater Fool Theory & Indian Real Estate”. These shows how bad Real Estate industry is in the current scenario. There are cash starved companies who could not even afford to operate on the current cashflow. Big Bulls of RE are today’s cat and mouse as they have not paid the salaries their employees for the last 6 months.
But, amidst all this, they have to run their business and move ahead with the process which have been setup by them for the current ongoing operations. As we all know that Software systems needs a refresh boost every 7-8 years, and it remains evident in case of RE industry as well. But as the costs are high for the previous system, they now have a better choice to keep their operations moving with the help of Cloud environment.
Outdated Hardware Infra
Any case of upgrade of hardware goes for extra cost and new challenges. Cloud has come the rescue, now you can have such capability through the cloud on your existing systems with the help of just a browser.
Real Estate Billing Solution
The expansion of RE happened when there were hardly any solutions on cloud. Cloud computing was at a nascent stage. But today Cloud Computing has reached its maturity, almost all solutions are available on Cloud through monthly, yearly subscriptions. Any cash starved organization would like to go for such systems which gives them flexibility to pay monthly, quarterly or yearly charges. It doesn’t take away a major chunk of cash on the spot, as in the case of earlier customized software solution. Now, RE organizations and opt for billing systems online to service their customers.
CRM Solution for Real Estate
Although, RE is known for the worst customer centric industry, but they still have to maintain CRM software to service their customers. Bunch of CRM solutions are available online now-a-days which can be opted with flexible subscription.