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• Muneeb
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Bridging Knowledge and Innovation In Real Estate

At the heart of the PropTech Convention ’24, held on April 19th at the ITCN Asia Expo Center Lahore, a powerful message was delivered by Mr. Muhammad Ejaz, CEO of Arif Habib Dolmen REIT RMC Ltd. His speech resonated deeply with the convention’s overarching narrative of catalyzing the fusion of technology in real estate to unlock new possibilities for Pakistan’s developers, investors, and professionals. Mr. Ejaz’s perspective on the pivotal role of knowledge and innovation in the real estate sector provided a compelling framework for the event’s discussions and goals.

Embracing a Culture of Tech Learning

Mr. Ejaz began by emphasizing the unparalleled importance of knowledge across various domains, including business, economics, government, and social subjects. He stressed that in an ever-evolving world, there is always room for learning and growth. This sentiment aligns perfectly with the convention’s focus on empowering youth through technology-enhanced real estate opportunities. By engaging young professionals in workshops, panel discussions, and demonstrations, the event aimed to foster a culture of continuous learning and innovation, essential for the future of Pakistan’s real estate sector.

Learning from the Past and Present

Drawing inspiration from historical and global examples, Mr. Ejaz highlighted how knowledge from our ancestors and successful international practices can be leveraged to improve Pakistan’s real estate market. He referenced the energy-efficient buildings, which were designed to be cool in the summer and warm in the winter. This historical wisdom, combined with modern smart home technology, can lead to innovative solutions that enhance property management and sustainability.

Additionally, Mr. Ejaz pointed out the successes of other countries in using technology to transform their real estate industries. These examples serve as valuable case studies for Pakistan, illustrating how technology in real estate can drive economic growth and create new job opportunities. This perspective strongly supports the convention’s goal of showcasing purpose-built real estate solutions that address real-world challenges.

Tech in Real Estate: A Catalyst for Economic Growth

Mr. Ejaz passionately articulated the vast potential of the real estate sector to drive economic growth and generate employment in Pakistan. He noted that many countries have leveraged their real estate sectors as engines of growth, and Pakistan has the opportunity to do the same. This vision of real estate as a catalyst for economic development dovetails with the convention’s advocacy for Special Technology Zones. These zones, designed to foster real estate tech development, provide the necessary infrastructure, policy support, and incentives to encourage the adoption of technology in real estate projects.

The Path Forward: Strategy and Execution

A key takeaway from Mr. Ejaz’s speech was the emphasis on strategy and execution. He shared a valuable insight from a conversation with Dr. Fiaz Ahmad Chaudhry, highlighting the importance of having a clear plan and a dedicated team to drive it forward. This practical approach is crucial for transforming the real estate sector and aligns with the convention’s focus on actionable insights for developers.

Mr. Ejaz stressed that Pakistan has all the necessary resources to succeed in the real estate sector. The challenge lies in effectively leveraging this knowledge and executing well to achieve desired outcomes. This call to action is a powerful reminder of the need for strategic planning and diligent execution, themes that were central to the discussions at the PropTech Convention ’24.

Envisioning the Future of Real Estate & Technology

As Mr. Ejaz concluded his speech, he expressed optimism about the future, hoping for a productive session at the convention. His vision for a dynamic and innovative real estate sector in Pakistan encapsulates the spirit of the PropTech Convention ’24. The event’s mission to transform Pakistan’s real estate landscape through greater transparency, sustainability, and efficiency was echoed in his words, providing a strong foundation for the strategic initiatives discussed during the convention.

Conclusion

Mr. Muhammad Ejaz’s speech at the PropTech Convention ’24 was a powerful testament to the vital role of knowledge and innovation in the real estate sector. His insights on continuous learning, leveraging historical and global knowledge, and the importance of strategy and execution provided a robust framework that supports the convention’s narrative. As we look back on the successes of the event, Mr. Ejaz’s perspective will continue to inspire and guide the future of Pakistan’s real estate industry, driving it towards new heights of growth and innovation.

By focusing on smart home technology, energy-efficient buildings, and the potential of Special Technology Zones, the PropTech Convention ’24 showcased the immense opportunities within Pakistan’s real estate market. The event underscored the importance of empowering young professionals, fostering a culture of innovation, and strategically leveraging knowledge to drive the sector forward.