Best ERP Software for Real Estate in India 2024

Have you ever participated in a group project where no one knows what they’re supposed to do? Some people are doing similar tasks, while others are falling behind on deadlines, and only a few focus on completing the project. It's pure chaos! 

Why are we talking about a group project? Running a real estate firm without implementing the best ERP software for real estate in India is like that disorganized group project—it wastes effort and time and leads to missed deadlines. 

A real estate ERP can help you drive projects to success by streamlining operations, improving communication, and increasing productivity by ensuring every effort aligns with the goals. Let’s get started!

Why ERP Software for Real Estate?

The best ERP software for real estate in India is designed to streamline operations by helping you manage property listings, inventory, and equipment, overview projects, create strategic sales strategies, generate leads, and manage client communications.

With cloud-based solutions, you can manage your business remotely, ensuring all aspects of the operation align with your organization's objectives. Real estate ERP solutions help you:

• Centralize business operations for more efficient management.
• Access your business remotely through cloud-based technologies.
• Automate routine tasks like meeting scheduling and record management.
• Simplify management of rental properties, hotels, and property portfolios.
• Improve tracking of financials, sales, and project status.
• Make better decisions with real-time data and insights.
• Integrate with CRM for enhanced client management.

Real estate ERP systems help you manage multiple properties and projects more efficiently, boosting productivity and customer satisfaction. Even if you've managed projects well so far, planning to grow might mean you should seek a real estate ERP to help you scale and succeed. 

With that in mind, let’s understand how you can benefit from implementing the best real estate ERP software in India!

Recommended read: Adapting to Industry Changes: The Adaptive Power of CRM for Real Estate Brokers in 2024

Benefits of Real Estate ERP Software

Real estate ERP software provides holistic solutions for managing the complexities of the real estate industry. It automates various aspects of property management, streamlines financial reporting, and offers real-time data insights, allowing you to operate more efficiently. 

These features are beneficial in a fast-paced industry where accurate forecasting and planning are essential for success. By incorporating these tools, real estate organizations can increase operational efficiency, decision-making, and market leadership.

The best ERP software for real estate in India offers the following benefits: 

• Automated Property Management: Real estate ERP simplifies routine tasks such as lease management, tenant communications, and property maintenance.
• Financial Reporting: Provides accurate, up-to-date financial reports, helping you monitor cash flow and profitability.
• Data Insights: Access in-depth insights on your supply chain, project overviews, and marketing performance for quicker and more informed decisions.
• Forecasting and Planning: Assists in predicting market trends and planning future projects, ensuring better resource allocation.

You must carry out all business processes concurrently to accomplish a real estate or construction project. ERP software facilitates this by providing a uniform, secure data storage and management platform. You can better control your workflow by tracking and evaluating data from multiple projects and calculating financial expenditures precisely to increase efficiency.

Now, let’s dive into our curated list of the top real estate ERP software in India.

Also, check out our blog, Streamlining Your Sales Process with CRM for Real Estate Agents.

8 Best ERP Software for Real Estate in India 2024

Explore our curated list of real estate ERP solutions for better project management, collaboration, and efficiency. 

1. Buildium

Rating: 4.4/5

Buildium is comprehensive property management software designed to streamline operations and enhance productivity. With Buildium, you can manage every aspect of property management, from accounting to maintenance, in one place. 

Key Features

• Property Accounting: Buildium allows you to handle all financial aspects of your properties efficiently for accurate accounting.
• Collect Rent Online: The platform offers a secure online payment system that speeds up the rent collection process.
• Maintenance Requests: Manage work orders and maintenance tasks and address issues promptly.
• Resident Center: Get a dedicated portal to collect documents and other information from your residents and deliver an exceptional tenant experience.

2. Oracle Netsuite

Rating: 4/5

Next on our list of best ERP software for real estate is Oracle NetSuite, an AI-powered cloud ERP solution with an integrated suite of applications to manage your financial, operational, and logistical processes. 

Key Features

• Integrated Business Management: NetSuite offers a unified platform for managing accounting, inventory, order processing, production, supply chain, and warehouse operations, all in one place.
• Real-time Data Access: The system provides real-time visibility into financial, operational, and transactional data, with customizable dashboards and reports for detailed insights.
• Global Scalability: NetSuite supports multiple subsidiaries, business units, and legal entities, and it can handle over 27 languages and 190 currencies.

To optimize your Facebook marketing efforts and generate more leads, explore our blog, A Detailed Guide to Facebook Ad Targeting for Real Estate Marketing

3. Brokermint

Rating: 4.8/5

Brokermint's comprehensive, centralized dashboard simplifies the management of back-office tasks for real estate brokers. It streamlines commission calculations, accounting, agent management, and reporting, enabling brokers to focus on growth and efficiency. 

Key Features

• Commission Automation: Easily configure multiple commission plans, including splits, fees, and sliding scales.
• Accounting: Manage agent billing and process next-day ACH payments—access detailed charts of accounts, agent ledgers, and transaction records.
• Agent Management: Onboard new agents smoothly and track their progress toward goals with intuitive management tools.
• Reporting and Analytics: Utilize real-time data with customizable filters and reports. Drill down into specifics to gain deeper insights into performance.

4. ERPNext

Rating: 4.6/5

For those looking for an affordable solution, ERPNext stands out amongst the best ERP software for real estate as it offers both open-source and paid versions.  It integrates various business functions into a single platform, including order management, HR and payroll, manufacturing, and CRM, allowing organizations to streamline operations and enhance efficiency.

Key Features

• Order Management: Efficiently handle sales and purchase cycles, from managing orders to tracking inventory, boosting productivity while reducing costs.
• HR and Payroll: You can manage the entire employee lifecycle, including onboarding, payroll processing, attendance tracking, expense claims, asset management, and separation.
• Manufacturing: Maintain and manage multi-level bills of materials, production planning, job cards, and inventory with precision.
• CRM: Optimize sales processes by tracking leads and opportunities and sending quotes on the go, helping to win and retain more customers.

5. AlignBooks

Rating: 4.2/5

AlignBooks focuses more on accounting and combines various functions, including bookkeeping, sales, inventory, CRM, payroll, and production. It offers easy online access and excellent security to increase productivity and control over business activities.

Key Features

• Comprehensive Modules: Includes bookkeeping, purchasing, billing, sales, invoicing, inventory management, asset tracking, CRM, payroll integration, and production.
• Integration Capabilities: AlignBooks connects orders, sales, and accounting with multi-currency and multi-language support, along with email and SMS notifications.
• Security and Backup: Ensure top-notch security with real-time data saving and regular automatic backups to protect critical information.

6. Vyapar

Rating: 4.4/5

Vyapar is an excellent ERP software for real estate in India, specifically designed to emphasize your business's financial and accounting aspects. Trusted by over one crore SMEs, Vyapar streamlines billing, inventory management, and accounting processes, ensuring compliance with GST laws while enhancing business efficiency.

Key Features

• GST Billing and Invoicing: Easily create and share professional GST-compliant bills, adhering to Indian tax regulations.
• Inventory Management: Seamlessly manage inventory with advanced tracking features, optimize inventory space, and make informed decisions.
• Payment Reminders: Send automatic reminders to customers via WhatsApp and email to ensure timely payments and help maintain a healthy cash flow.

7. Astral ERP

Rating: 4.3/5

Designed specifically for the construction and real estate industry, Astral real estate ERP streamlines inventory management across multiple sites from a central head office. This robust software enables real-time tracking of equipment, materials, and consumables, improving accountability and reducing manual errors. 

Key Features

• Real-Time Inventory Tracking: Manage and monitor site inventory from the head office, including stock issuance and fuel usage, ensuring accurate, up-to-date data.
• Site Management: Conduct site inspections and track activities like purchase orders, approvals, and stock updates directly on smartphones or tablets.
• Centralized Project Management: Oversee project performance with alerts, dashboards, and analytics, ensuring adherence to timelines, costs, and quality standards.
• Offline Synchronization: Operate efficiently in areas with poor internet connectivity, with data automatically synced to the centralized server once the connection is restored.

A good real estate ERP solution can help to optimize your business process. But what about managing your marketing efforts and nurturing leads? Here, we would like to recommend a CRM solution that is specifically designed for the real estate professionals.

Meet Sell.Do, India’s Best CRM for Real Estate Industry!

Sell.Do is the best CRM for real estate in India, with over 15 years of experience in the industry. It is designed to streamline and optimize the sales process. It offers a fully functional system that can be deployed in just seven days, providing full inventory access for customers, from projects to units, to make informed decisions. The platform also allows for complete management of cost sheets, agreements, and compliance with real estate taxation laws. 

Key Features

• Real-time Inventory Report: You can access up-to-date reports on available inventory and equipment, ensuring informed decision-making.
• Cost Sheet Management: Get customized reports on cost sheets at every project level, including agreement and outside charges.
• Sales Performance: View in-depth visual sales reports with detailed charts and graphics for data-driven strategy adjustments.
• Automated Lead Capture: Streamlines lead capture and management, converting website visitors into qualified leads faster.
• Omnichannel Communication: Integrates cloud telephony, click-to-call, and intelligent call routing to enhance lead engagement.

Choosing the best ERP software for real estate in India is crucial to streamline your internal business operations. Additionally, by implementing a CRM solution, you can efficiently manage leads, build relationships, and turn prospects into high-paying customers. 

To Sum It Up

ERP systems in real estate offer several benefits, such as streamlined operations, real-time data access, and increased accounting, inventory, and project tracking efficiency. Thus, selecting the best ERP real estate software in India is crucial to optimize your processes and scale your business. 

So, assess your needs and review each tool carefully to find the one that best fits your business needs. Furthermore, if you’re looking for a comprehensive CRM solution that helps you improve efficiency in everything from inventory management to sales and marketing, we suggest you explore Sell.Do. With 15+ years of real estate industry experience, this platform is the ideal solution to optimize, scale, and succeed in the field. 

Ready to see it in action? Request a free demo now and discover its powerful features!