The common belief that the construction industry has lagged behind in embracing advanced technology in its day-to-day operations is proven wrong post-covid-19. The truth is, compared to other industries, construction sector evolved from the pandemic crisis much sooner and in a better shape against the odds. Wondering where this drive came from? The adoption of technology and innovation for sustainable growth made this possible.
lesh Dixit, founder & CEO, Powerplay, says, "Developers in the construction industry have undergone a significant mindset shift in recent years, embracing technology and digital solutions more readily than before. The pandemic acted as a catalyst for developers to become more techsavvy and remain competitive in the market. Traditionally, the construction industry has been slower to adopt new technologies, relying on more conventional methods for design, project management, construction, and customer experience.”
Developers recognise the benefits that technology can bring to the construction industry, with software being increasingly used to streamline project management. This approach varies depending on the specific needs and requirements of projects, but it is a trend that is gaining momentum.
Vishal Raheja, MD, InvestoXpert.com, says, “The proptech revolution has transformed the real estate sector, making it more transparent, efficient, and accessible. Proptech solutions encompass a wide range of technological innovations that leverage AI, ML, blockchain, virtual reality (VR), and augmented reality (AR), among others. These technologies have enabled real estate companies to streamline their operations, automate processes, and offer a seamless customer experience.”
Bu hikaye Construction Week dergisinin May 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Construction Week dergisinin May 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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
STRIKING THE PERFECT CHORD
The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength
REAL ESTATE
For the past six years, we have resorted to ranking Top 100 real estate and infra companies.
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends
DESIGN PAR EXCELLENCE
Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Will develop a group housing plot at Golf Course Road in Gurugram
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
First phase comprises 2.1 million sq-ft
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability