Emerging Construction Technologies & Systems in Indian Real Estate: CRISIL

This report by CRISIL provides an overview of both conventional and modern construction systems used in the domestic real estate industry and discusses current trends and future outlooks. It explores modern construction systems, examines their suitability, benefits and limitations and the key players. It offers insights into the market size of these systems, factors driving their growth, and challenges that arise while adopting them.

Jagannarayan Padmanabhan, Senior Director & Global Head and Phani Mandalaparthy, Associate Director, Transport, Logistics and Mobility, Consulting, CRISIL Market Intelligence and Analytics.

Conventional and Modern construction systems

 

Introduction

The Indian real estate sector is set to grow substantially driven by rising demand for residential housing and a favourable business environment. However, the surge in demand brings with it a set of challenges - the biggest being delivery of high-quality projects on time while remaining accountable to customers. To navigate emerging challenges, the industry is increasingly turning towards innovative construction systems that promise efficiency and reliability. It is important to select an appropriate construction system to ensure cost-effective and timely delivery of projects, particularly in a rising demand environment.

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📖 Published in: ICCT, November - December 2024
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