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Artificial intelligence (AI) is transforming technology in real estate by automating tasks and enhancing efficiency, but it is unlikely to replace real estate developers entirely. AI tools for real estate can optimize design processes and provide valuable data analytics in real estate, aiding developers in decision-making. However, the creativity, strategic planning, and human touch required in development projects cannot be replicated by machines. Instead, AI serves as a powerful tool that developers leverage to improve efficiency, reduce costs, and deliver better outcomes. The future of PropTech in India suggests a collaborative approach between AI and human expertise.
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