Discover how Nemetschek Group's Mumbai office inauguration marks a new chapter in India's AEC market, driven by infrastructure development and a thriving real estate sector.
Aec IndustryIndian Infrastructure DevelopmentReal Estate MarketDigital TransformationNemetschek GroupReal Estate MumbaiJul 11, 2024
The Nemetschek Group aims to empower the Indian AEC industry with its cutting-edge software solutions, enabling architects, engineers, and contractors to design, build, and operate infrastructure projects with greater efficiency and sustainability.
The Indian AEC industry faces several challenges, including inefficient project management, inadequate data management, and a lack of standardization.
The Mumbai office inauguration marks a significant milestone in Nemetschek Group's India growth strategy, demonstrating its commitment to supporting the country's AEC industry in its digital transformation journey.
Nemetschek Group's software solutions offer several benefits to the Indian AEC industry, including improved project management, enhanced collaboration, and increased efficiency and sustainability.
The Indian AEC industry is poised for rapid growth, driven by the government's ambitious infrastructure development plans and a booming real estate market.
Housing sales in nine major Indian cities, including Mumbai, Delhi NCR, and Bengaluru, fell by 18% in Q2 2024, with Hyderabad and Mumbai witnessing significant declines.
Established in 2007, KBC Global Ltd has made significant strides in the real estate industry, specializing in the development and sale of residential and residential-cum-office projects in Nashik, Maharashtra.
Birla Estates, a leading real estate developer, has acquired a land parcel in Kalwa, Maharashtra, from Hindalco Industries for INR 595 crore, further expanding its portfolio in the region.
Sh. Kuldip Narayan, IAS, Joint Secretary & Mission Director (Housing for All), Ministry of Housing & Urban Affairs, highlights the significant role of the real estate sector in fostering socio-economic development.
HSR Layout in Bengaluru has seen a 30% property price surge over two years, making it a key real estate hotspot for residential and commercial properties.
Godrej Properties, a prominent player in the real estate sector, has announced its entry into the vibrant Hyderabad market with the launch of its first residential project, Godrej Madison.