Similoluwa Olunloyo writes that Nigeria’s real estate industry has made significant advancement through the use of technology
The world is getting smarter; people are
getting more connected than ever before, the universe has become so
central that with the snap of a finger or as they say with ”one-click”
you are connected to another person who is more than 5000 kilometres
away from where you are. It is safe to say that
without technology, most
of the innovations that have made life easier would not have been
possible.
Whether we like it or we don’t,
technology has come to stay, and with time, it is going to form the
basis of everyday living. When channelled in the right path, technology
has proven to improve the quality of life, and when it falls into the
wrong hands, the consequences are devastating.
Technology has improved the way we work
and live; it will change the future of work as more technologies are
going to be deployed at the workplace increasing productivity in the
process. Most industries have started incorporating technology into
their operations, and you cannot blame them because let’s face it,
technology is the future.
When thinking about real estate,
technology and productivity in one breath, it is very easy for your mind
to go to the cutting edge technologies adopted in developing a site
right from when the first block is laid to when the building is finally
completed. You are not wrong to think that.
Over the years, the real estate industry
has undergone a technological transformation of its own. It used to be
drawing out plans on broadsheets, but now with the help of 3D imaging,
developers have now been able to express their creativity better and
more precise.
This improves productivity as less time
is spent on drawing out the plan, printing it out and then having to
sell the idea to the client is entirely a different ball game but with
3D, it’s faster to get the designs out, and it is self-explanatory.
Almost all if not every part of real
estate is touched by technology, from the beginning of the home search
to closing deals, every transaction can be done with the click of a
button. The internet has proved to be a blessing to the real estate
industry, and that is set to continue for a long time.
Technology has also improved
productivity when the way houses are designed is factored in, how you
may ask. With the new trend of “Smart Houses”, productivity is further
enhanced as the automation affords the occupant/owner of the apartment
the luxury of focusing on other things instead of having to run the
apartment manually.
While the shift to smarter homes is
still relatively new to the Nigerian real estate industry, some
developers have taken commendable steps into ensuring that they meet up
with the global technological standards in the industry.
One of these forward-thinking developers
is Hall 7, a real estate development company based in Nigeria’s capital
city of Abuja. Established in 2013, Hall 7 Real Estate symbolises
hallmark of excellence and perfection in the Real Estate sector. The
company’s constant delivery of innovative, top notch and specialised
customer experiences has enabled it to set the pace in the Real Estate
sector.
Despite being relatively young in the
business of real estate, Hall 7 is setting the pace for others to
follow. From design to execution, their clients get exactly what was
designed and even more by the time the project is completed. The brand
says it “doesn’t promise but delivers”, this is particularly encouraging
considering how a lot of developers promise you the world and then
deliver structures below the expected standard.
Hall 7 is technologically inclined; it
is evident that they are when one checks out the projects they have
delivered in their six years existence, The Brookshore Residence and The
Bridge Peridot are two examples of the company’s technological prowess.
The Bridge, for example, is an automated set of apartments and
townhouses, where all you need is just the press of a button away. You
control lighting, temperature, entertainment systems, and appliances
electronically with literally a snap of your fingers. When it comes to
security, the bridge peridot is fully secured using some of the best
security technologies in the world.
CEO of Hall 7, Olayinka Braimoh, a young
and tech-savvy developer had this to say earlier in the year at the
commissioning of the bridge peridot. “ We want to do things differently,
that is why we decided on developing The Bridge Peridot which took more
than two years to complete because we wanted it to be of world standard
and we are pleased that we achieved that using some cutting edge
technologies. We are excited about commissioning this, and we look to
doing more for the Nigerian real estate sector in the near future”.
Living in an automated home like the two
mentioned above for apparent reasons improves productivity, as you
spend less time on managing your apartment because the houses are
automated, you have more time to relax and also focus your energy on
other things.
When you look at the success of Hall 7’s
Bridge Peridot, you’d see that Nigerians are particular about value. If
you’re not offering value to the typical Nigerian then whatever you are
providing them is meaningless, and you can never fault them for that,
because, who doesn’t want value anyways.
Real estate companies in Nigeria,
Africa’s most populous country have a huge mandate to provide value to
their customers because of the capital involved. One just cannot invest a
considerable amount of money in a real estate project and not expect
value in return. However, most real estate firms in Nigeria have fallen
short of that in recent times.
This sometimes stems from their being in
a hurry to finish up the project because the client can no longer wait.
At other times, it’s down to some of the companies in the industry
being outrightly incapable of delivering value.
But for Hall 7, the company has been
able to excellently tap into technology in its operations and build
processes such that each project has something technologically unique
about it. In its six years of existence, the firm has been responsible
for the development of arguably some of the best and tech-driven
neighbourhood in the federal capital territory.
Aside the Bridge Peridot, there’s also the Brook Shore. Like the Bridge Peridot, the Brook Shore is fully automated.
In their execution, Hall 7 employed some
of the best technologies available to make sure its buildings are safe,
stands the test of time and at the same time gives the customer what
they want. In a country where getting value for money is becoming very
difficult to find, Hall 7 has made sure that the client gets what they
asked for but with some extra features that makes the customer’s
experience a whole lot better than it would have been.
It is that extra attention to details
and those additional features that makes the client know they have
gotten value for money and Hall 7 real estate is constantly working to
make sure they deliver that value to their customers.
…Olunloyo, a tech and real estate enthusiast wrote from the FCT, Abuja
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