When Indian engineer Meetesh Bhatt first began tinkering with artificial intelligence during his college years in Pune, the technology was little more than an academic curiosity.
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Back then, he could scarcely imagine that one day it would transform his family’s small property business. But a few years later, the 28-year-old is now using AI to shake up the Indian real estate sector.
“As a millennial, it excites me,” he told This Week in Asia, describing how the technology had helped the firm reshape its operations.
Today, potential buyers can take virtual tours of new properties without leaving the comfort of their own homes, while his sales team learns from AI-driven insights about what clients truly want – speeding up deals that once took weeks and boosting the company’s bottom line.
Our business revenues have increased by 20 to 25 per cent
Meanwhile, site engineers can file live progress updates into new AI systems that help management make faster, more precise decisions, replacing the costly research consultants of the past.
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“Our business revenues have increased by 20 to 25 per cent,” Bhatt said proudly.