In real estate, every transaction matters. We often hear about financial misdeeds in real estate; this has surely affected the real estate image. Real estate needs transparency now more than ever. Real estate developers also often struggle with managing inventories alongside complex payment processes, which creates more roadblocks in the smooth journey of home buyers. Managing inventories alongside seamless payment processes isn't just a preference; it's a vital necessity for developers striving for success. At Relata, we've mastered the art of understanding the common real estate challenges, and through cutting-edge technology, we've engineered solutions that not only simplify inventory and payment management but also help create a new level of transparency into every transaction, empowering stakeholders like never before. 

Solving Common Challenges in Real Estate with the Relata Approach 

Complications of offline payments:

The traditional process of offline payments is cumbersome, often leading to delayed reconciliations and an increased risk of errors due to manual documentation. The absence of a centralized system for tracking check or demand draft transactions only adds to the challenge. Relata's Payment & Inventory Suite streamlines this process by enabling developers to manage offline payments digitally, allowing them to upload proof of payment and receipts, as well as track checks and DD numbers seamlessly.

Inventory availability confusion: 

Have you ever lost valuable clients due to double-booking the same unit? This often happens due to the absence of real-time inventory updates, causing leads and internal teams to struggle with maintaining accurate inventory, resulting in missed opportunities and inefficient resource allocation. With Relata’s inventory and payment management suite, real estate developers can customize and control unit availability, track booked and available inventory in real time, and tailor the search experience with custom filters. From interactive master plans to detailed floor plans, Relata ensures seamless management of inventory lifecycles, from visibility to registration. 

Complex Part Payments 

Managing real estate transactions, especially part payment modules, can be a complex and error-prone process without the right technology. The lack of streamlined systems makes tracking each customer’s payment plans challenging, leading to confusion and potential mistakes. Relata’s product suites simplify these processes, seamlessly managing multiple part payments from various sources in one centralized system. From KYC documentation to generating error-free costsheets, Relata’s solutions are designed to break down complex real estate operations, making them effortless and efficient.

Standout Features of the Relata Inventory and Payment Management Suite:

Offline Payments and Part Payment Management:

Relata offers a stress-free and reliable digital payment process for real estate developers and leads. With this feature, you can digitize offline payments and keep track of everything for better transparency. Digitize offline payment processes with seamless uploading of proof of payment, receipts, and check/DD numbers for enhanced efficiency. Make every transaction safe, secure, and transparent, and keep a streamlined record of multiple partial payments from diverse sources, seamlessly managed within a single integrated platform.

Payment Reconciliation Tracker:

Optimizing your financial workflows with our product suite helps simplify payment reconciliation and provides comprehensive tracking features, allowing you to stay organized and in control. 

Inventory Lifecycle Management:

Real estate developers can strategically customize and decide how many units are open for booking with this innovative feature. Have full control of your inventory for a better value proposition. ‍

Inventory Tracking:

No more double bookings, no more cancellations due to confusion, as you can easily track booked and available inventory with real-time updates with our product solution.

Relata is on a mission to empower anyone and everyone in this real estate ecosystem, and we know we can do it only with the help of technology. The boon of proptech makes buyers' real estate journey safe, secure, and pleasant. It enhances operational efficiency and improves transaction transparency. These are just not our claims, but our impact numbers are testimonials to that. Let's take a look at how Relata fueled India’s biggest real estate builders’ growth with its excellent product solutions.

Relata Impacts‍

Relata has so far onboarded 8 billion-plus inventories; our success numbers are the biggest testament to the usefulness of our solution. You must already be aware of Mumbai’s top real estate developer, Dosti Realty’s exciting new launch in the heart of Mumbai. Relata’s intervention with Dosti Realty has helped them with the below numbers: 11853 site visits, transitioned 2194 EOIs, and yielded a marvelous 1200+ bookings. 

The Relata Inventory and Payment Management Suite revolutionizes the real estate industry by simplifying complex payment processes and streamlining inventory management. With cutting-edge technology, Relata brings transparency and reliability to every transaction, transcending traditional industry norms. Partnering with Relata transforms the challenge of creating seamless transaction experiences into a clear path to success in the competitive real estate market.

‍