Why do you think all village records should be digitalised
Answers
Answer:
Digitisation is a process that has touched and transformed every industry. As we find ourselves sliding into the fourth phase of the industrial revolution that deploys digital technology to change our way of life – from transport, to health and education – digitisation is also transforming the real estate sector, in terms of construction, asset management, marketing and sales, as well as the dawn of ‘smart homes’ and a professional working environment. According to India Brand Equity Foundation (IBEF), the Indian real estate market is expected to touch USD 180 billion by 2020. The housing sector alone contributes five to six per cent to the country’s gross domestic product (GDP). Technology is likely to further accelerate the growth rate in real estate, in the years to come. As land is a precious commodity in real estate, accounting for a major component of the cost of any transaction, it is worthwhile to note that until recently, only a few countries boasted of having an electronic public register of real estate.
Explanation:
Answer:
Digitisation is a process that has touched and transformed every industry. As we find ourselves sliding into the fourth phase of the industrial revolution that deploys digital technology to change our way of life – from transport, to health and education – digitisation is also transforming the real estate sector, in terms of construction, asset management, marketing and sales, as well as the dawn of ‘smart homes’ and a professional working environment. According to India Brand Equity Foundation (IBEF), the Indian real estate market is expected to touch USD 180 billion by 2020. The housing sector alone contributes five to six per cent to the country’s gross domestic product (GDP). Technology is likely to further accelerate the growth rate in real estate, in the years to come. As land is a precious commodity in real estate, accounting for a major component of the cost of any transaction, it is worthwhile to note that until recently, only a few countries boasted of having an electronic public register of real estate.
Explanation: