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Can new construction technology change the way of Indian real estate?

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Can new construction technology change the way of Indian real estate?

Last updated: August 7 2019
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  • Can new construction technology change the way of Indian real estate?

    Advancements in construction quality used around the world is the factor that separates Indian real estate from the rest of the world. It is evident that such advancements help reduce the cost and time for construction and optimise the usage of space. Though Indian developers have been slowly adopting such technologies, will they fully exploit the possibilities of such advancements in near future?
    Last edited July 25 2019, 11:08 AM.
  • #2

    #2

    Re : Can new construction technology change the way of Indian real estate?

    Advancement is construction technology and the use of high-end technology have been changing the face of the construction segment rapidly. Projects developed by using innovative new technologies take almost half the time that traditional construction methods require. For example the case of an infrastructure development company in Karnataka that delivered a factory-built residential complex measuring one lakh sq ft in a record time of nine months. The landmark project was fully prefabricated, including MEP (mechanical, electrical and plumbing), sanitary ware, tiling and fittings.
    Last edited July 26 2019, 12:51 PM.
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    • #3

      #3

      Re : Can new construction technology change the way of Indian real estate?

      Malvish you are right. Advanced technology and the intention to deliver project on time can actually make a difference. I think some developers have started using pre-fabricated materials extensively, with a few even manufacturing them.

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      • #4

        #4

        Re : Can new construction technology change the way of Indian real estate?

        movedin You are right! Many developers are now using prefabricated shuttering scaffolding systems and rail climbing systems, that decrease the cycle of slab construction from 20-25 days to 5-6 days. It remarkably increases the speed of construction requiring just about a week to construct each floor.
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        • #5

          #5

          Re : Can new construction technology change the way of Indian real estate?

          Malvish Hybrid technology, ready-to-fit components and assembly of pre-cast hollow blocks, are the best bets for timely and quality construction. Also, they seem to be the key to making the dream of affordable housing a reality.

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          • #6

            #6

            Re : Can new construction technology change the way of Indian real estate?

            movedin yes, that's right. It is an fact that technology can aid in designing stage of construction, especially affordable housing, by helping optimise and maximise the use of the available spaces and minimising excessive loading of built-up area.
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            • #7

              #7

              Re : Can new construction technology change the way of Indian real estate?

              Advanced construction technologies can cut down the waiting period for most of the projects by half the time. That in itself can be a giant leap forward, provided we (Indian developers and contractors) don't try to cut corners in such construction processes too to save "extra time and money"!

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