How AI and IoT are transforming the real estate industry

In the era of rapid technological advancements, several sectors and industries are undergoing rapid transformations, and real estate is not an exception. There has been a fusion of technology and real estate, referred to as ‘RealTech’, which has been reshaping the traditional ways of property development and management. Some of the technologies that are having a deeper impact are artificial intelligence (AI) and the Internet of Things (IoT), which are promising more efficient, sustainable, and intelligent real estate projects. Through their successful integration into the projects, the sector is poised to witness a profound revolution.