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Real estate leaders support new technology alliance

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India’s real estate industry leaders have announced their support for the new ‘Built World Technology Alliance’, which has been founded to accelerate the digital transformation of India’s real estate sector. “Built World Technology Alliance is a collective of real estate investors and developers, venture capital funds and technology companies”, said Robert Marten, Co-Founder of the Alliance. “The Alliance shares in a mission to accelerate the digital transformation of India’s real estate sector, revolutionize the safety and efficiency of construction and to improve the performance of workplaces.” The move comes as part of a global trend to explore the converge of property and technology, or ‘PropTech’ as its known in Europe and CRE tech in the US. Real estate industry leaders Yash Gupta, Anuj Puri and the RMZ Family Office are supporting the first Annual Event of the Built World Technology Alliance under the banner of their new PropTech venture capital fund Blue Sky. “We are very optimistic about the future of PropTech in India and encourage leaders of our real estate, venture capital and technology communities to join us in exploring new opportunities,” said Yash Gupta, Partner at Blue Sky. The Alliance’s inaugural event - Built World Technology Show - will be hosted in partnership with Blue Sky Ventures on 20-21 February 2019 at CoWrks Worli in Mumbai.

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