Relata plans to deploy advanced technologies, including artificial intelligence (AI), virtual reality (VR), and analytics, to enhance property operations, customer engagement, and sales processes.
Pune-Based Real Estate Tech Provider Relata Expands to Dubai with Strategic Partnership
Relata, a leading provider of technology solutions for the real estate sector, has announced its significant expansion into Dubai through a strategic joint venture with Cognilements International. As part of this initiative, the company has also appointed Neeraj Srivastava as the Chairman of Relata GCC (Gulf Cooperation Council) and Africa. The expansion is aimed at tapping into Dubai’s flourishing real estate market, renowned for its rapid growth and innovative opportunities.
In 2024, Dubai’s real estate sector achieved an extraordinary milestone, recording a 36.5% increase in transactions compared to 2023. The total number of transactions soared to a historic 180,987, while the overall transaction value reached $142.25 billion—a growth of 27.2%. With this upward trend, integrating advanced technologies into real estate processes has become essential to meet the changing demands of consumers and stakeholders alike.
Technology-Driven Innovations in Real Estate
Neeraj Srivastava, Chairman of Relata GCC and Africa, expressed his enthusiasm, stating, “Relata’s platform is a breakthrough innovation, combining cutting-edge technology with customer-focused solutions. By prioritizing digital-first strategies and seamless system integration, Relata is perfectly aligned with Dubai’s growing appetite for technology-enabled real estate services.”
Relata aims to revolutionize the Dubai real estate market by introducing advanced technologies such as artificial intelligence (AI), virtual reality (VR), and analytics. These tools will empower property brokers and developers to streamline operations, improve customer engagement, and accelerate sales processes. The company’s approach is set to redefine how real estate business is conducted, ensuring greater efficiency and faster transaction conversions.
Leadership with Strategic Expertise
With extensive leadership experience spanning decades, including key roles at Tata Consultancy Services (TCS), Wipro, and Cognizant, Neeraj Srivastava is well-positioned to lead Relata’s operations in Dubai and Africa. His appointment underscores the company’s dedication to combining global expertise with a strong local presence.
Srivastava commented on the new venture, stating, “Dubai’s real estate landscape is both vibrant and competitive. Relata’s technological solutions are designed to fill crucial gaps in the market, enabling stakeholders to enhance operational performance and deliver superior customer experiences. This partnership not only underscores our commitment to innovation but also reinforces Dubai’s status as a global leader in real estate advancements.”
