RECOS: Cutting-Edge Proptech Platform Built-in a Secured Cloud Environment

Quite a few industries have undergone significant improvements over the last few decades and have reaped the benefits of the process, product and service advancements. The rising demand for automation among the millennial user base is now prompting the real estate industry to reconsider its strategy concerning customer engagement, service quality, ease of access to information, and so on, leveraging technology.

With this in mind, Sumapan Technologies thought that it is indeed absolutely important to digitize the real estate domain and then implement a collaborative tool for all real estate stakeholders. This is how Sumapan Technologies developed- RECOS - its first flagship cloud-based product on the SaaS platform.

RECOS is a one-stop solution for real estate developers to run their entire business processes and handle all stakeholders of the real estate ecosystem, including consumers. It also helps property developers better manage, inform and engage homebuyers before and after construction using a smart mobile solution.

Unique Offerings for the Developers
RECOS and RECOSmart are the two offerings the organization has for the developers. RECOS is a B2B solution developed to digitize the construction process and automate all RERA governance activities. RECOSmart is a mobility solution that falls within the B2B2C segment. It is a unique solution critical for both developers and customers. Developers can avail a white-labelled android and iOs based app for each of their projects with exceptional features like referral management, branding and CRM management.

Project customers, on the other hand, get real-time information about the project along with photos and videos, payment details, payment receipts, project documents etc. through a secured app login. RECOS is based on a cloud-based SaaS platform that allows users to log in to the system and monitor projects from anywhere from any system which requires only an internet connection. RECOSmart Mobility-based App Solution is available on Android and iOS platforms. Both the solutions are designed, keeping in view enhanced UI/UX experience.

Technologies have been implemented for the secured back up, DR process
and data encryption techniques ensuring the data security. RECOS facilitates the routine monitoring of construction activities with the aid of daily progress report (DPR), Real-Time analytics via mobility platform and more. It streamlines project planning, documentation, site execution, engineering modifications and project communication in "Real Time".

As an inclusive stakeholder platform, RECOS also empowers decision-makers, builders and buyers to collaborate on the web or mobile platforms. Digitization and collaboration driven by RECOS aim to ease Real Estate developers into RERA, with improved site efficiencies, reduced project delays, and enhanced cost optimization strategies.



Future Upliftments and Technological Innovations
Currently, RECOS is live and entirely compatible for managing RERA compliances of 5 states (Maharashtra, Karnataka, Haryana, Tamil Nadu and Gujarat). By 2021, the organization plans to add ten more RERA compliant states to the RECOS platform. The company plans to introduce artificial intelligence to automate the processes through their RECOSmart solution.

"As a founder at Sumapan Technologies, I have set out with my team on a journey that redefines the business of real estate”, says Pankaj, Director, Sumapan Technologies Pvt Ltd.

With more than a decade of experience in the core real estate domain, Bhushan (Co-founder) handles business development strategies. In addition, the team is ably supported and mentored by angel investorManba Computech LLP. With this competent team, the organization envisions to bridge the ever increasing communication gap between customers and developers.