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
Mumbai Real Estate Developer and CEO Embroiled in ₹13.65 Crore Fraud Case
A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.
Mumbai Property Registration Revenue Surges 52% YoY to Rs 1,081 Crore This Diwali
According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.
AI Bubble Deflating: Zoho's Sridhar Vembu Stresses Importance of Real Engineering Work
Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.
ED Seizes ₹19.61 Crore from Karrm Developers Linked to Vivek Oberoi in Real Estate Scandal
The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.
Mumbai Sees Record-Breaking Property Registration in March 2025
Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.
Private Equity Investments Fuel 133% Surge in Real Estate Deal Volumes in Q1 2025
Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.