In a move that frees the real estate sector from the shackles of its conservative business practices, Arqonz has launched an e-commerce platform to manage the challenges faced in the architecture, construction, and interior design segment.
Arqonz offers A to Z solutions to the routine issues relating to the real estate sector that include sourcing any type of construction materials and services through a large network of reputable suppliers.
Shilpa DK, Founder & CEO, Arqonz, said, "The e-commerce platform is a one-stop solution for sourcing any construction material including paint, cement, steel, furniture, and tiles among other things."
The platform also gives access to an array of services including the services of certified architects, builders, contractors, and interior designers, saving precious time and passing on evident economic benefits.
Arqonz already has half-a-lakh registrations and its founders have set a modest target of adding 10,000 registrations every year. The e-commerce platform is meant to disrupt and redefine the real estate business which currently contributes about seven percent of the country's GDP. There was a huge market cry for innovating the real estate sector both in terms of procuring products and availing services without any hassle.
Arqonz identified this opportunity through an in-depth market study and the platform's goal is to tap both business-to-business and business-consumer segments. This digital infrastructure that will be capitalized on by the real estate sector will improve governance since real-time data is hardly ever available.
"For instance, the progress of projects can be monitored, through digital dashboards, with data driving key decisions, This will bring in much-needed transparency and accountability and improve cost efficiencies also for individuals, small and medium-sized construction companies," Shilpa added.
Headquartered in Chennai, Arqnoz is an e-commerce platform that aims to help individuals, small and medium-sized construction companies to get the best deals through its large network of reputable suppliers.