The Impact of Real Estate Technology on Smart City Stakeholders

This research explains what a smart city is looking for by providing an overview of innovative tools that are available for smart city stakeholders to reach their targets. From different types of stakeholders, it discusses government, citizens, and the Real estate industry as types of those potential investor stakeholders who need to build up a collaborative approach based on the UN 2030 agenda for sustainable city development. It also verifies cities as space which in the effort to achieve the sustainable goals deals with every-day challenges ranges from detecting a problem in a district of a town to find a solution and problem forecasting. Due to making a sustainable decision for different types of projects, gathering internal stakeholders’ viewpoints and even subjective marginalized stakeholders should be into consideration. Real estate technology as a platform through gathering real-time data, genuine information analysis, connecting various smart city stakeholders which results in city administration to make a quick, appropriate and practical actions when it comes to the quick decision-making process before other problems emerge. Affecting our city by this transformation is not without challenges, imminent changes concerning ICT development can potentially affect our built environment and our social capital. Adoption to technology and changes has not been fast and desirable for all stakeholders but during the history of this planet, calculated changes towards sustainable values and respect to the human as the core of this lifecycle have always been the key elements of every resilient city in the world