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Nowadays, technology is transforming India’s real estate and construction-based industries. From digital project tracking to smart construction tools most of the builders are coming up with new ways to finish projects comparatively faster and ensure dedicated transparency. The urban population is expected to reach 600 million by 2036. There is a robust demand for quality housing. Along with the development, traditional house development practices are outdated now. Companies like Brick & Bolt are setting new standards in India’s real estate market by using updated technologies to streamline construction, manage costs, and ensure timely delivery.
Digital Transformation In Real Estate: From Conventional to Connected Construction
Most of the infrastructure projects in India are disrupted because of time overruns. This can vary from a few months to a few years, causing project viability at risk. It is due to the disconnected model of the construction process. This type of construction includes different working professionals, for example, architects, civil engineers, contractors, and material suppliers, who work separately at different stages of house construction.
The model has a high potential for miscommunication related to timelines and dedicated cost overruns. As per a dedicated study, nearly 40% of construction projects in India are experiencing time overruns and around 30% of projects have exceeded their budgeted cost to meet the expectations.
Now, India is changing this plot by accepting tech-integrated construction firms. All the construction firms with dedicated and updated tech-enabled construction building practices that are optimising the change by adding digital planning and estimation, and other miscellaneous features like real-time tracking for the execution of the project through an end-to-end design-to-build service are changing the indian real estate demography.
By using modern technologies in construction, building and real estate, owners can get real-time details about the project: cloud-based project management, IoT for site monitoring, artificial intelligence for quality checks, and a dedicated online construction cost calculator for preliminary cost estimation.
Most people attain a basic understanding of the use of online tools like portals and dashboards. Clients can easily track their projects in real time and find out the estimated costs in advance. It achieves transparency in construction and adds trust and confidence for more people to build the structure.
Digital Tracking and Quality Transparency
In previous years, to get the details of construction progress, the plot owner had to visit the construction site regularly with irregular communication and reach out to the contractor. That issue is solved through the end-to-end digital tracking of construction proceedings. Most of the Construction Management Platforms (CMPs) offer transparency for all involved people like their clients, engineers, and project managers. With the help of new and updated technological advancements, they can now check live status updates, site images, and billing stages from anywhere and anytime.
These platforms work with AI-powered quality audits. Here, AI helps to find any minimal defect during the procedure like late or early curing time, and improper positioning of reinforcement. The internal data from most of the tech-driven construction companies shows that AI in construction can reduce the costs by 20 to 25% and also shorten project timelines by 40 to 50% with material savings that directly benefit all the homebuyers.
Automation and Predictive Project Management
With the help of end-to-end digital transparency, along with modern tech. It promotes predictive decision-making in the construction of buildings. With the proper use of Building Information Modelling (BIM) and AI-based scheduling tools, the project team can easily anticipate suitable design options, reduce potential delays, and prepare a list of materials before starting the construction.
Let us give you an example: BIM helps architects and structural engineers to work together in real-time. Any small change that gets made in one’s design will be reflected in the visual aspects to others, including elevation, structural load, material quantity, and even cost. It helps both parties to avoid confusion that may cause serious issues later.
Furthermore, IoT sensors are also included in the construction machinery to transform the safety management. It not only monitors equipment’s operating hours and fuel consumption, but is also engaged in monitoring speed, workload, etc. With this data, the user can plan comprehensive preventative maintenance more effectively. Through this, users can enhance the lifespan of their machinery and avoid unexpected breakdowns. According to a study, these IoT tools help you to make 15% to 20% cost savings in maintenance and rebuilding.
Enhancing Customer Experience Through Construction Tech
The client and/or investor are very important in any construction. The construction technology has also developed to provide the best construction experience to customers. With dedicated digital convenience, building owners can monitor real-time updates on construction progress till their work is completed, which includes money management and stage-wise updates.
Most of the Tech-enabled construction companies can offer this end-to-end design and building service. It includes virtual site surveys as well as 3D visualisations. It also required dedicated online approvals and milestone-based digital payments. Also, clients can see their homes in a photorealistic 3D view and understand cost implications in the project. With the help of these technologies and tools, clients can make better and more informed decisions. It not only enhances the trust of clients but also empowers them with confidence in the construction process.
Sustainable Construction Through Data and AI
Incorporating technology into construction directly promotes sustainable construction. Builders reduce the material waste and carbon footprint by using data analytics that have a positive impact on the environment too. Along with energy usage, you can get the most accurate data value. For example, builders can calculate the cost of material with maximum efficiency of up to 5-8%, with the help of AI. It indicates the minimisation of both cost and environmental impact. With the help of these digital tools, the construction industry can significantly enhance its potential to achieve the Net Zero emissions target by 2070.
Conclusion
India’s construction industry is at a crucial stage. The Indian government is also promoting digital tolls through various government initiatives like PM GatiShakti, Smart Cities Mission, and Digital India. In the upcoming time, we can predict the deeper adoption of Generative AI in designing, drones for site surveillance, blockchain for contract management, and robotics for construction. Construction tech innovations will fix the major gaps in quality, timeliness, and transparency. It not only supports India’s construction ecosystem to align with global best practices but is also found helpful in redefining the future of homes and cities in the coming years.
