The real estate industry is introducing new upgraded technologies and discarding old ones, and this is the right way ahead.
It is no secret that technology is constantly evolving and swiftly altering many different industries. Companies that have the capacity to acclimatise and embrace technological change are the ones that ultimately survive in a competitive business atmosphere.
The overall construction industry has been slow to integrate change into their business models. However, early adopters understand the benefits of accepting new technological advancements as they look to gain an edge on their competition. In order to compete, companies should look to shift toward technology that can be a strategic long-term asset. Efficient and effective technology has changed drastically past one decade. In a short period of time, businesses adapted quickly to incorporate first computers, internet and smart phones. This is a considerable change that has made communication technology easier, swifter and better. The construction industry is no different. Gone are the days when project managers would manually draw up project outlines for their times. The fast growing technology has made it a 2 minutes job in all these years. Digital records make it much easier to keep constant communication with workers, simulate 3-D models of the projects, and even control costs on the jobsite. Adopting these technologies make for a less fragmented and more streamlined operation.
The idea should be to invest in various technologies and construction materials in order to provide the best quality in our products. Some of the construction equipment includes Batch mix blast, tower cranes, dippers, etc. Pre-fabrication technology is unique as it has been developed in-house. Essentially our technology tries to simulate a manufacturing facility where all processes and material inputs are pre-defined to the exact quantum. For example, cast all elements in a controlled environment, in a factory which is established on site. The quantities of each ingredient, used in these columns are already fixed. Therefore one can calculate the exact amount of material required beforehand, rather than estimation.
Precast technology is not only an upcoming trend in India, but the future of construction in the field of real estate and infrastructure. This technology is being adopted by most developers as it saves time for both, the buyer and the seller. It allows the developer to have more control and therefore the ability to forecast the speed of construction, allowing him to confidently deliver the the project within the promised timeline.
Through pre-fabrication technology one can speed up the design and implementation process of a project, whilst still being able to customise as per the consumers requirements. Most importantly there is a much stronger control over the material used, which leads to a better quality of construction. Further, by adopting this technology one is conventionally streamlining the construction process; allowing one to reduce delays and provides a better outcome as compared to the conventional technology.
If the construction process is broken down into multiple stages, the fundamental difference between some of the ecologically sensitive technologies we use in new age building materials are as follows:
- ACC blocks/Flyash Bricks are extensively used to use the wastage of Power plants
- VRV systems are used in Air-conditioning to reduce CFC Water is recycled and waste water treated at Sewage Treatment Plants (STP) is used for Flushing and Garden irrigation
- Rainwater Harvesting is done to replenish the depleting underground water
- CFL is used for lighting
Construction and real estate industry both are replacing new upgraded technologies and discarding the old ones. This could include numerous internal upgrades such as replacing lighting systems, installing internal climate sensors and outfitting the building with a state-of-the-art building automation system. At the end, only developers and companies adapting new practices and technologies would evolve as successful ones rest would have to deteriorate instead of thriving in industry.