Report | Future Cities
Construction Technologies - Reducing Timelines & Increasing Quality Expectations
December 2, 2024 15 Minute Read
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India's construction industry, with strong linkages to the real estate sector, is currently experiencing a steady transformation, aided by innovative technologies that aim to enhance efficiency, productivity, and sustainability while reducing project timelines and costs.
This pursuit for efficiency is reshaping every aspect of the construction process, from initial design and planning to execution and ongoing maintenance.
Our report highlights the vital role of digital technologies in the construction industry, the state of their current adoption by key stakeholders, and what the future holds.
The following challenges commonly impede construction projects. Technology offers potential solutions to mitigate these issues and optimise project outcomes.
- Cost overruns
- Time overruns
- Availability of skilled manpower rising raw material costs
- Supply constraints and rising costs of skilled manpower
- Non-integrated systems / processes
- Changes in order management
- Quality issues
- · Safety issues
- Inaccurate estimation
Key technologies revolutionising India’s construction industry:
- Building Information Modelling (BIM) and Digital Twins
- Drones
- Real-time Monitoring and Internet of Things (IoT)
- Virtual/Augmented Reality (AR/VR)
- Autonomous Heavy Equipment and Construction Robots
- Wearable Technology
- Data Analytics
- Artificial Intelligence (AI)
- Prefabrication
- Green Technology and Innovative Products and Materials
- 3D Printing
As these technologies evolve and become more affordable, we can expect a future where construction sites are safer and more efficient, deliver enhanced precision, and have optimised resource allocation and preventive maintenance.
Please click the download button for an in-depth exploration of the transformative impact of cutting-edge construction technologies on India’s real estate industry.