Realty companies turn to artificial intelligence to build faster, cheaper - Business Standard

2026-05-18 · Source: artifical intelligence via Google News · Field: Construction & Real Estate — Real Estate Technology (PropTech), Construction Technology & Building, Architecture & Urban Planning · Depth: Fundamental Awareness, quick

Summary

India's real estate sector is increasingly adopting artificial intelligence (AI) across various stages, including design, planning, construction, sales, marketing, and operations. Developers and consultants are leveraging AI to enhance efficiencies, reduce costs, and accelerate project timelines, leading to improved profit margins. For instance, M3M completed a project 136 days early, saving approximately ₹180 crore. Godrej Properties has integrated a comprehensive suite of AI and computational design technologies within its design studio. A significant application of AI in real estate design is floor space index optimization, where computational tools are used to maximize saleable area, enhance layout efficiency, and minimize waste while adhering to development regulations.

Key takeaway

For real estate developers seeking to boost profitability and accelerate project delivery, integrating AI and computational design tools is crucial. You should focus on applying AI for floor space index optimization to maximize saleable area and reduce waste, as demonstrated by early project completions and significant cost savings like M3M's ₹180 crore. This strategic adoption can lead to substantial operational efficiencies and improved margins.

Key insights

AI adoption in real estate significantly improves project efficiency, reduces costs, and optimizes design for profitability.

Principles

• AI enhances project timelines and cost savings.
• Computational design optimizes floor space index.
• AI applications span the entire real estate lifecycle.

In practice

• Use AI for floor space index optimization.
• Integrate AI in design studios for efficiency.
• Apply AI across sales and marketing.

Topics

• Artificial Intelligence
• Real Estate Development
• Construction Efficiency
• Cost Reduction
• Floor Space Index Optimization

Best for: Investor, Entrepreneur, Executive, Consultant, Operations Professional

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Editorial summary, takeaway, and curation by AIssential. Original article published by artifical intelligence via Google News.