The integration of construction technologies (contech) has significantly influenced India’s real estate market, accounting for about 57% of all property technology (proptech) startups. The primary focus is on enhancing construction efficiency through tools like construction management systems, collaboration software, and visualisation experiences. The adoption of such technologies has proven to reduce rework by up to 80% and slash construction time by up to 25%, proving to be a gamechanger in the sector.
A transformative shift is underway in the construction landscape. With new-age digital solutions, companies are streamlining their supply chain and operations like never before, turning chaos into clockwork precision. As per a McKinsey report, construction companies that integrate digital technologies in their supply chain and procurement processes can achieve productivity gains of up to 20% and cost reductions of up to 15%.
Diese Geschichte stammt aus der April 2024-Ausgabe von Construction Week.
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Diese Geschichte stammt aus der April 2024-Ausgabe von Construction Week.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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ASK PROPERTY FUND, KREEVA, AND SPRE COME TOGETHER For a residential project
ASK Property Fund, Kreeva (the real estate arm of Kanodia Group) and Shapoorji Pallonji Real Estate have announced joint development of a residential project in Sector 46, Gurugram, with a joint initial investment of Rs 270+ cr. Spread across 1.74 acres, the project shall generate top-line revenues exceeding Rs 1,200+ crore over the next five years.
SWREL BAGS GUJARAT SOLAR PV PROJECT Will include O&M
Sterling and Wilson Renewable Energy (SWREL) has received LoI for a new order totaling approx. Rs 1,200 crore in Gujarat.
HOW RICH PEOPLE ARE MAKING THEIR MONEY
Dr Prashant Thakur, regional director & head, research, Anarock Group, highlights some USPs
THE SURGE OF PLOTTED DEVELOPMENT IN REAL ESTATE
Rohit Cariappa, director, sales & CRM, Assetz Property Group, on some trends
BRIGADE CITRINE WILL BE INDIA'S FIRST NET-ZERO RESIDENTIAL DEVELOPMENT
Brigade Group has launched Brigade Citrine, a residential project that sets new benchmarks in sustainable living.
FAR-SIGHTED?
Industry veterans look into the crystal ball and voice their thoughts
TREADING CAREFULLY
Off-the-road tyres are not being taken lightly anymore
IN A LEAGUE OF ITS OWN
bauma ConExpo India 2024 held its own with cutting-edge technologies and innovations
INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry
