Relata, a leading provider of innovative real estate technology solutions based in India, has expanded into Dubai through a joint venture between Cognilements International and visionary leader Neeraj Srivastava.
The landmark expansion includes Neeraj Srivastava’s appointment as Chairman of Relata Gulf Cooperation Council (GCC) and Africa, harnessing his in-depth regional expertise to propel the company’s growth and establish robust presence in one of the world’s most vibrant real estate markets.
In 2024, Dubai’s real estate market witnessed significant growth with 36.5 percent increase compared to 2023, and reached a record of 1,80,987 deals. The transaction value of these deals was up by 27.2 percent, totaling $142.25 billion. As the real estate market in Dubai continues to flourish, incorporating advanced technology is an essential aspect to attract consumers.
Neeraj Srivastava Chairman – Relata GCC and Africa
“Our decision to partner with Relata stems from their visionary approach to revolutionizing the real estate industry. Relata’s innovative platform, blending advanced technology with customer-centric solutions, stood out as a game-changer. Their focus on digital-first strategies and seamless integration across the customer journey aligns perfectly with the growing demand for tech-enabled real estate solutions in dynamic markets like Dubai.”
The strategic expansion into Dubai capitalizes on its vibrant real estate ecosystem, world-class infrastructure, and ongoing construction boom. Relata is poised to cater to the region’s surging demand for cutting-edge property technology solutions, such as AI, advanced analytics, virtual reality (VR) experiences, and comprehensive digital suites for onsite operations.
“Dubai’s real estate ecosystem is vibrant yet challenging, with opportunities to streamline processes, enhance customer engagement, and drive faster conversions. Relata’s advanced analytics, artificial intelligence (AI) tools, and operational efficiencies fill critical gaps, empowering brokers and developers to meet the evolving needs of this market. This partnership not only positions us at the forefront of innovation but also reinforces Dubai’s standing as a global leader in real estate advancements,” added Srivastava.
Srivastava brings invaluable regional leadership experience to Relata, having served as Vice President for Tata Consultancy Services, Riyadh and Dubai, Chairman and Managing Director of TCS, Saudi Arabia, and held Vice President positions at Wipro and Cognizant in Dubai, UAE. Srivastava’s appointment highlights Relata’s commitment to establishing a strong local presence while delivering global expertise.
