Building the Future of Real Estate and Allied Sectors
Real Estate, Building the Future, India Construction Festival, RAHSTA Expo
Real EstateConstructionInfrastructureAllied SectorsAutomationReal EstateSep 27, 2024
Dr. Sushma S Kulkarni, a renowned expert in the field of construction and real estate, emphasizes the importance of adopting new technologies and innovations in the sector. Speaking to CW, she highlights the need for automation, BIM, and sustainable construction practices to improve efficiency and reduce costs.
The real estate sector in India is expected to grow significantly in the coming years, driven by government initiatives and increasing demand for housing and commercial spaces. However, the sector also faces challenges such as delays in project completion, cost overruns, and lack of transparency.
To address these challenges, the government has launched several initiatives such as the Smart City Mission and the Housing for All scheme. Additionally, private companies are also investing heavily in the sector, leveraging technologies such as AI, robotics, and IoT to improve efficiency and reduce costs.
NICMAR University, a leading institution in the field of construction and real estate, is also playing a crucial role in promoting innovation and research in the sector. The university has collaborated with several international institutions, including the Daniels School of Management and the Wentworth Institute of Technology, to offer courses and programs in construction and real estate.
The 14th RAHSTA Expo will provide a platform for industry stakeholders to come together and discuss the latest trends and innovations in the sector. The expo will feature exhibitions, conferences, and workshops, and will be attended by leading companies and experts from the industry.
In conclusion, the future of real estate and allied sectors looks promising, with several initiatives and innovations being launched to improve efficiency and reduce costs. The 14th RAHSTA Expo will provide a platform for industry stakeholders to come together and discuss the latest trends and innovations in the sector.
Frequently Asked Questions
What is the 14th RAHSTA Expo?
The 14th RAHSTA Expo is part of the India Construction Festival, which will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai.
What are the challenges faced by the real estate sector in India?
The real estate sector in India faces challenges such as delays in project completion, cost overruns, and lack of transparency.
What initiatives has the government launched to promote the real estate sector?
The government has launched several initiatives such as the Smart City Mission and the Housing for All scheme to promote the real estate sector.
What is the role of NICMAR University in promoting innovation and research in the real estate sector?
NICMAR University is playing a crucial role in promoting innovation and research in the real estate sector by collaborating with several international institutions and offering courses and programs in construction and real estate.
What can be expected from the 14th RAHSTA Expo?
The 14th RAHSTA Expo will provide a platform for industry stakeholders to come together and discuss the latest trends and innovations in the sector, featuring exhibitions, conferences, and workshops.
Related News Articles
CREDAI-MCHI Urges Online Access to Mumbai Property Database
In a significant appeal, CREDAI-MCHI and the Practising Engineers, Architects and Construction Industry demand online access to Mumbai's property database to enhance transparency and efficiency in the real estate sector.
Supreme Universal Unveils Phase 2 of Luxurious Supreme Villagio in Pune
Supreme Universal, a prominent name in the real estate industry, has just launched Phase 2 of its luxurious Supreme Villagio project in Pune. This new phase offers a range of amenities and features that cater to luxury living standards, making it an attra
GCCs to Dominate India's Commercial Real Estate by 2024
GCCs are set to control 35% of India's commercial real estate by 2024, up from 26% in 2022, driven by increasing demand for office space.
Japanese Nintendo Enthusiasts Get a Sneak Peek at the Switch 2 Amid Tariff Concerns
Japanese fans of Nintendo gathered for an exclusive event to test the upcoming Switch 2, raising hopes and concerns about the impact of tariffs on the gaming industry.
Aditya Birla Real Estate Surges as Subsidiary Launches New Residential Project
Aditya Birla Real Estate's share price surged by 5% following the announcement of a new residential project by its wholly-owned subsidiary, Birla Estates Private Limited. This move is expected to boost the company's market position and attract more invest
Bollywood Celebrities Spark Real Estate Boom in India
Square Yards, a leading proptech company, has observed that the acquisition of properties, whether commercial or residential, by Bollywood celebrities often boosts market sentiment and drives a surge in real estate transactions across the country.