ARQONZ Launched One Stop Solution for India's Real Estate Sector

Arqonz today introduced an e-commerce platform with an eco-system to address the issues experienced in the Architecture, Construction & Interior Design segment, in a step that frees the real estate sector from the shackles of its conservative business methods. Arqonz.com is an e-commerce website that provides A to Z solutions to common real estate concerns, such as obtaining building materials and services from a broad network of reliable vendors. The e-commerce site is a one-stop solution for obtaining any building item, including paint, cement, steel, furniture, and tiles, among other things, Arqonz Founder & CEO Shilpa D K stated. Shilpa noted that the site also provides access to a variety of services, including those provided by certified architects, builders, contractors, and interior designers, saving time and money. Proptech systems significantly reduce the time spent on the procurement process and the vendor management chain, while also increasing cost and pricing efficiencies. The platform, which is supported by a wide network of industry stakeholders, will bring the greatest offers to the market. Arqonz has already received half a million registrations, and its founders have set a modest goal of 10,000 new registrations every year. The e-commerce platform aims to disrupt and reshape the real estate industry, which now accounts for roughly 7% of the country's GDP. There was a strong market demand for real estate innovation, both in terms of buying products and obtaining services without difficulty. The platform's purpose is to tap both the business to business and business consumer segments, and Arqonz recognised this possibility through an in-depth market assessment. Because real-time data is rarely available, this digital infrastructure, which will be backed by the real estate sector, will improve governance. We believe this platform to be more efficient, cost-effective, and transparent. For the architecture and interior design market, internet procurement would raise efficiency and improve enterprises' bottom line, stated Manoj Dave, a well-known Architect. India's real estate sector will reach a market size of US$ 1 trillion by 2030 when it is likely to contribute about 13 percent to the country's GDP. Rapid urbanisation, smart cities combined with increased foreign investment will boost the overall growth of the industry. Also Read https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/homelane-aims-to-raise-rs-1-500-crore-ipo-by-mid-2022/32174 https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/these-lavish-products-will-dramatically-beautify-your-space/32175