NoBroker has also developed and launched a feature called Touchless Entry that uses facial recognition to detect residents of a property, including household staff. NoBroker helps property owners save time by auto-generating a well-written property description to highlight key selling points. Brand New Listing by William Jynn Property Best 1+Study stack in The Garden Residences. Landlords are more likely to attract tenants by setting the right rental price. The custom algorithm predicts rent with 95% accuracy by analyzing historical transaction data, property images, market value, trends, and the neighborhood. Meanwhile, Rent-o-meter runs on Google Cloud to help property owners and tenants estimate rent prices, an invaluable tool for, where rentals make up 85% of transactions. Such information complements property details from owners and helps buyers and tenants to make informed decisions about each property. Using Google Maps Platform as a data source, the algorithm searches for local amenities and public transit and assigns a Livability score and Transit score. The Smart Recommendations project helps customers to find their ideal place to live.

It delivers the benefits of machine learning to its customers through AI projects such as Smart Recommendations for quality of life indicators, Rent-o-meter for rent predictions, Refer-And-Earn for crowdsourcing property listings, and Touchless Entry for facial recognition security features. Having established its presence over six years, NoBroker is now focused on improving its services using innovative technologies. “Our AI applications will continuously learn from new datasets and deliver more accurate results for property owners, home buyers, and tenants.” “We’re running AI algorithms on Google Cloud to match customers with top properties that meet their requirements,” said Akhil Gupta, co-founder and CTO of.

Customers save on brokerage fees by using NoBroker’s app for end-to-end property services from listing to closing. Some brokers charge as much as 10 months’ worth of rent or 6% of a property sale in broker fees. High broker fees and duplicate listings are common pain points for property owners and home seekers in India. NoBroker reinvents the real estate experience with an AI-driven platform to link owners to buyers and tenants directly, without the middleman. Real estate companies are investing in new technologies such AI, cloud services, and mapping platforms to address changing trends and customer demands. The real estate industry in India is undergoing a digital transformation.

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