Real Estate Magazine

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Real Estate India 2025: Navigating the Future

It is expected that real estate India will be significantly transformed by the year of 2025, and along with its key emergence factors- growing economy, advanced technologies, and increasing urbanization – it has the potential to be a true gamechanger. Scope:  At this moment, the need for affordable housing is at an all-time high, and PMAY (rural) continues to serve as one of the many government efforts that need to be undertaken. On the other hand, luxury property demand is trending. Consequently, we can expect further advancement in construction technologies to occur. The best part about this would be the innovation in financing and construction material that could make housing significantly less costly and more sustainable. This all paints a clear picture of rising construction speeds and an all-around greater efficiency.  Technology:  With time, smart cities are bound to emerge, new construction developments see the integration of smart technologies for homes with enhanced security features. The traditional ways of property management make inefficiency and transparency almost customary, but the use of data analytics mitigates both efficiently. The tech divide needs to be solved before thoughts of these advanced technologies become a reality and let us be honest, greener sustainable buildings will be built once these factors get emphasis. Commercial real estate  It is likely to continue expanding owing to growth of retail, the proliferation of co-working spaces and new office space requirements. However, the market must be responsive to new ways of working and evolving preferences. There is likely to be a surge in the requirement for more versatile and hybrid workspaces. Furthermore, the incorporation of technology within commercial properties such as smart building management systems is set to become more prevalent. Challenges:  Obtaining land continues to be a major challenge together with the limitations imposed by lack of sufficient infrastructure as well as lack of access to finance. Solving these problems requires the participation of the state, the private market, and the banking system. Confronting these barriers is likely to be critical to realizing the full opportunity of the Indian real estate landscape. Nothing constrains investor confidence more than difficult legislation and lack of sound policy to support the business of real estate. There is little doubt that the enforcing and deepening of the provisions of RERA is an absolute must. All that will promote investment; consolidating the investment environment by simplifying the regulatory framework and ensuring transparency, compliance with fair investment and doing business principles. But introduction of these devices alone does not suffice, the emergence of institutional structures and other devices deeply embedded in the fabric of society, of reinforced and capable transnational corporations is also required. Conclusion:  The Indian real estate industry can expect to become more globally integrated by 2025, with a focus on advanced sustainability, alternate financing options, fostered affordable solutions and immaculate transparency. About Author: Rohit Gaikwad is India’s renowned Real Estate Master Coach & a published author. He has sold 12.5 million sq ft till November 2024 & counting. He is recognized as an authority on how to build a super-profitable Real Estate business using simple and easy strategies without a huge investment. He has worked with over 500 realty Brands & authored 10 books on Indian real estate. To know more, kindly visit www.RohitGaikwad.com [email protected] Phone: 020-67873302

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How Aluform Technology is Redefining Real Estate Construction

The Indian real estate industry has witnessed exponential growth in demand over the past decade, with millions of homes required to meet the housing needs of a rapidly urbanizing population.  To keep pace with this surge and ensure timely delivery of high-quality homes, developers must embrace innovative construction technologies. Among these, Aluform (Aluminium Formwork) technology has emerged as a game-changer, offering speed, efficiency, and sustainability to transform the way buildings are constructed.  Advantages of Aluform Technology  Aluform offers a host of benefits that make it a game-changer for modern construction. Chief among these is its ability to save both time and costs, with forms designed for approximately 200 repetitions. This reusability significantly lowers material costs and accelerates project timelines, making it ideal for large scale developments.  The lightweight design of Aluform components ensures high strength and  durability while resisting corrosion, adding to their longevity. Additionally, the  system eliminates the need for heavy tower cranes to move forms, reducing  logistical challenges and project costs.  Another critical advantage is its environmental friendliness. Unlike traditional construction methods that generate significant debris, Aluform technology minimizes waste and promotes a cleaner construction process. It aligns  seamlessly with modern green building practices, reducing the carbon footprint of  projects. From a structural perspective, Aluform allows for the simultaneous  casting of concrete columns and beams, improving efficiency. It also delivers  smooth finishes that enhance the aesthetic appeal of structures, reducing the need  for additional plastering and finishing work.  Applications and Future Potential  Aluform technology is versatile, finding applications across residential, commercial, and infrastructure projects. Whether for high-rise apartments, office spaces, or urban infrastructure, it delivers unmatched precision and speed, meeting the demands of modern construction.  As the industry moves towards greater digitization and sustainability, Aluform’s potential for integration with emerging technologies like prefabrication, robotics, and AI positions it as a future-ready solution. Its ability to balance efficiency with environmental responsibility ensures its relevance for decades to come.  Aluform at Vilas Javdekar Developers  At Vilas Javdekar Developers, we have embraced Aluform technology as a cornerstone of our construction strategy. A unique differentiator for us is our in house Aluform factory, which gives us complete control over the production process.  This capability ensures superior quality, cost-efficiency, and timely delivery across all our projects. Our use of Aluform exemplifies our commitment to blending innovation with excellence, ensuring every home we build reflects the highest standards of design and craftsmanship.  Aluform technology is more than just a construction tool; it’s a transformative force reshaping how the real estate industry approaches design and execution. By combining efficiency, sustainability, and aesthetics, Aluform paves the way for a smarter and greener future. At Vilas Javdekar Developers, we are proud to be at the forefront of this transformation, delivering homes that stand as benchmarks of quality and innovation. Sarvesh Javdekar Technical Director, Vilas Javdekar Developers [email protected] 

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Redefining Advertising with Innovation and Expertise

Tapping into their inherent nature of creativity and connectivity, VINK Media Solutions has become a trendsetter in the advertising arena. Their vision is to deliver impactful, result driven advertising solutions, which makes VINK Media Solutions the desired partner for all the brands. A Comprehensive Advertising Powerhouse VINK Media Solutions stands out in the advertising industry with its dual focus on traditional and non-traditional media. Their core strength lies in ambient media, offering services across Cinemas, Hoardings, Malls, Radio, Airport, Transit media, Digital Outdoor and Indoor displays, Corporates / IT parks and publicity campaigns. Their portfolio of services is equally impressive, encompassing:   Innovation at the Core True to its ethos of staying ahead of the curve, VINK Media Solutions continuously adapts to the evolving advertising ecosystem. They are about to launch the latest technology empowered large Digital Outdoor screen in Pune’s most prime location. This screen will integrate advanced technologies to deliver immersive and high-impact advertising, setting new advertising standards.   Why Brands Trust VINK What sets VINK Media Solutions apart is its commitment to tailoring advertising solutions to each client’s unique identity and goals. With an unwavering focus on cost-effectiveness and measurable outcomes, they ensure maximum ROI for their clients. Their dedicated team provides end-to-end support, guiding businesses through every stage of their advertising journey.   Over a period of five years, since their emergence, VINK Media Solutions has successfully executed more than 300 campaigns, establishing a strong foothold in the advertising industry. On a national level, the company has already served prominent brands such as HP (Hewlett-Packard), Bluestone Jewellery, TVS Motors, HERO Motors, Turtlemint, Indoco, KOPA, ECCO, and Apollo 247 (Apollo Hospitals), delivering impactful campaigns that have elevated their market presence and made a mark for themselves. Regionally, VINK boasts of an extensive portfolio in the real estate sector, working with leading names like VTP Realty, Amanora, Pristine, Nanded City, Phoenix Mall, Kohinoor Group, Majestique Landmarks, Supreme Universal and numerous others. Their ability to craft tailored solutions has earned them trust across diverse sectors.   Pioneers Behind the Vision   The Journey of VINK Media Solutions is anchored by its visionary business promoters:   Nikhil Kale: With over 15 years of extensive experience in cinema advertising and media solutions, Nikhil specializes in business development and national client coordination, ensuring a seamless experience for clients across diverse industries.   Vishal Tandon: A seasoned media expert with over 15 years in cinema and radio advertising, Vishal’s expertise is especially valued in his connect with clients, media network and unconventional solutions especially in the Real Estate Sector. His insights and strategies enrich the company’s offerings, ensuring exceptional results for clients.     Unlocking the Future of Advertising Brands thinking of innovative, impactful, and solution-driven campaigns would find suitable solutions for their marketing requirements from VINK Media Team.    Discover the power of advertising with VINK Media Solutions – your gateway to success.   Nikhil Kale & Vishal Tandon Co-Founder, VINK MEDIA SOLUTIONS  [email protected]

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MAHARERA – Recent Updates & Future Developments

MAHARERA: Key Updates and Developments Since its inception in May 2017, MAHARERA has played a pivotal role in shaping the real estate sector in Maharashtra. Over the past 7.5 years, over 48,000 projects have been registered, with 15,647 completed. Additionally, approximately 48,000 real estate agents have been registered under the Act. Here are the latest developments: Launch and Rollback of the New Web Portal In August 2024, MAHARERA initiated a shift to a new integrated portal, MAHACRITI, aimed at modernising processes. Despite organising online training sessions, users—comprising developers, agents, and promoters—found the portal cumbersome and non-user-friendly. In response to representations from industry bodies like CREDAI and NARDECO, MAHARERA reverted to its original portal in September 2024. While the intent behind MAHACRITI was commendable, it highlighted the need for MAHARERA to collaborate with end-users to ensure future initiatives are more accessible and practical. Leadership Transition Long-serving MAHARERA leaders, Mr Ajoy Mehta and Mr Vasant Prabhu, retired recently after impactful tenures. Stepping into their roles are IAS officer and former Chief Secretary of Maharashtra, Mr Manoj Saunik, as Chairman, and Mr Prakash Sabale as Secretary. Their leadership marks a new chapter for the organisation. New Model Agreement and Allotment Letter MAHARERA introduced a new Agreement to Sell and Allotment Letter format on 4th September 2024 via Order No. 60/2024. Key updates include the inclusion of parking spaces, a list of amenities with delivery timelines, and the requirement of three RERA-approved bank accounts. These changes ensure greater transparency and accountability, much to the satisfaction of property buyers. Recognition of Real Estate Agents in Agreements Order No. 63/2024, issued on 22nd October 2024, mandates the inclusion of real estate agents’ details in the Agreement to Sell. This not only formalises their role but also ensures due recognition of their efforts and secures their remuneration. Minor revisions were made after agent representatives provided feedback.   Compulsion for Co-Promoters to Maintain Three RERA Bank Accounts Order No. 56/2024 made it mandatory for co-promoters in joint ventures to maintain three RERA-approved bank accounts in the same bank as the primary promoter. Initially, this created confusion and additional costs, particularly for projects involving multiple landowners. Addressing these concerns, MAHARERA granted concessions to co-promoters under area-share agreements, allowing them to retain their area share for personal use without maintaining additional bank accounts. However, co-promoters in revenue-share agreements must still comply with the original directive. These measures underscore MAHARERA’s efforts to bring greater transparency, accountability, and efficiency to Maharashtra’s real estate sector. Future updates are expected to address user-friendly digital solutions and refined co-promoter regulations.   Swanand Dhondse Senior Management Consultant, Swanand International RERA Consultants  [email protected]

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Why Invest in Thailand?

Thailand is emerging as a hotspot for global investors, offering a perfect blend of economic growth, infrastructure advancements, and a thriving tourism industry. Here’s why Thailand stands out as a prime investment destination: Eastern Economic Corridor (EEC)   The Eastern Economic Corridor (EEC) is a cornerstone project designed to position Thailand as a high-tech industrial hub. The EEC focuses on innovation and cutting-edge industries such as aerospace, automotive, biotechnology, and the digital domain. Such an ambitious initiative opens up a sea of opportunities for investors keen on tapping into the future of technology and industrial development.   Casino Development   Thailand’s casino industry is on the cusp of a significant transformation. The government has approved the development of casinos in four major cities: Bangkok, Chiang Mai, Pattaya, and Phuket. These projects are poised to boost the hospitality, tourism, and entertainment sectors, presenting lucrative opportunities for investors in these industries.   Industrial Development   Thailand’s industrial sector is experiencing rapid growth, bolstered by government initiatives such as the “Thailand 4.0” strategy. This forward-looking policy emphasizes the development of high-tech industries, including robotics, artificial intelligence, biotechnology, and renewable energy. With a focus on innovation, the industrial landscape in Thailand is set to thrive, making it a compelling sector for investment.   Tourism   As one of the world’s most sought-after tourist destinations, Thailand welcomed over 39 million visitors in 2020. The government has set ambitious goals to increase tourism revenue to 2.5 trillion baht by 2025. This vibrant tourism industry offers a plethora of opportunities for investments in hospitality, travel, and cultural enterprises.   Infrastructure Development   Thailand is investing heavily in infrastructure to support its growing economy. Major projects include high-speed rail links, airport expansions, seaport developments, and extensive road network upgrades. These enhancements not only improve connectivity but also create a favorable environment for business and logistics, attracting both local and foreign investors.   Business-Friendly Environment   Thailand’s business environment is highly conducive to investment. Competitive tax rates, streamlined regulations, a skilled workforce, and a robust logistics network make it an ideal destination for businesses looking to establish or expand operations. Growing Economy   Thailand’s economy has shown steady growth, with a GDP growth rate of 3.8% in 2020. Increasing foreign investment and strong domestic demand further underline the nation’s economic resilience and potential.   Invest in Thailand Today!   With its strategic initiatives, dynamic economy, and investor-friendly policies, Thailand offers a unique opportunity to be part of its growth story. Don’t miss the chance to explore this vibrant and promising market. Ashutosh Dole Director, World Wide Properties +91 738 734 3309 [email protected] www.worldwidepropertie.in

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Dravyam Fintech: Redefining Loan Processes with Technology and Transparency

In the dynamic world of financial services, trust and innovation form the cornerstone of successful enterprises. Dravyam Fintech, a rising star in the financial sector, is transforming the landscape by integrating advanced technology with traditional lending practices. With a focus on loans and a commitment to transparency, Dravyam Fintech is revolutionizing financial service delivery. A New Era of Lending Dravyam Fintech specializes in providing loans tailored to meet the diverse needs of individuals and businesses. From funding real estate projects to fulfilling personal goals, the company offers a comprehensive range of loan products designed to cater to a broad customer base. With partnerships spanning over 48 institutions and a remarkable ₹2,000 crores in approved loans, Dravyam’s strong market presence and extensive network speak volumes. What sets Dravyam apart in a competitive market is its customer-centric approach. By streamlining the borrowing process, the company ensures that every step of the loan application is hassle-free, swift, and focused on customer satisfaction. Technology at the Core Dravyam Fintech leverages cutting-edge technology to stay ahead in the modern financial ecosystem. At the heart of its operations lies an advanced application platform that enhances efficiency and ensures transparency. For channel partners, realtors, and other stakeholders, this proprietary technology is a game-changer. The platform provides real-time updates on loan application statuses, offering a clear view of the approval process. This level of clarity eliminates uncertainty, fosters trust, and sets a high standard in an industry where transparency is often lacking. Empowering Channel Partners and Realtors A standout feature of Dravyam Fintech is its dedication to empowering real estate professionals and channel partners. Recognizing their pivotal role in the lending ecosystem, Dravyam equips these stakeholders with tools that not only simplify their tasks but also enhance their ability to serve clients effectively. By enabling realtors and channel partners to monitor loan progress, the company fosters accountability and collaboration. This synergy strengthens relationships between Dravyam and its partners, ultimately benefiting end users. A Vision for the Future Dravyam Fintech envisions a future where financial services and technology merge to create transformative experiences. By prioritizing innovation and maintaining a customer-first approach, the company is paving the way for a financial ecosystem defined by trust, transparency, and ease of use. In an industry driven by precision and speed, Dravyam sets itself apart by embracing technology to deliver superior service. Its efforts serve as a benchmark for how financial institutions can evolve to meet contemporary demands. In Conclusion Dravyam Fintech is more than just a loan provider; it is a financial pioneer. By blending robust loan offerings with advanced technological support, the company emerges as a leader in the fintech space. Its unwavering commitment to transparency, efficiency, and empowerment underscores its vision for reshaping lending. Whether you are an investor seeking a forward-thinking partner, a realtor aiming to enhance client service, or an entrepreneur in need of financing, Dravyam Fintech offers an unmatched opportunity. With innovation at its core, Dravyam is poised to redefine how we perceive and experience lending. RAHUL BHALCHANDRA PATIL Director & CEO, DRAVYAM FINTECH PVT LTD [email protected]

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Women in Construction: A Paradigm Shift that’s taking place in India’s Realty Sector

A Growing Industry, A New Opportunity At a robust & powering growth rate of 20% India’s construction industry, is today one of the solid pillars that greatly supports the economy. With its rough and tumble, this and most of its allied fields have traditionally been dominated by men when it came to employment and related activity. That said, and given the sheer size of the industry, and its growth that encompasses multiple industries and fields, it holds holds immense potential for women to break barriers and redefine professional landscapes.  Recognising this, Niranjan Hiranandani, National President of the National Real Estate Development Council (NAREDCO), recently advocated for increased female participation in construction at a joint event with Mahi. The momentum was equally palpable at the Mahi Chairperson Appointment Ceremony at the Sheraton Grande Hotel, where Mrs Smita Patil was elected Chairperson of Mahi, a NAREDCO initiative to empower women in real estate. Prominent dignitaries, including municipal leaders, academics, and industry veterans graced the occasion, reinforcing it’s the importance of the subject. NAREDCO Mahi: Empowering Women Entrepreneurs Mahi, an initiative under the Ministry of Housing and Urban Affairs, is a national platform for women entrepreneurs in real estate that aims to equip women with tools and training to succeed in a highly competitive industry.  New Chairperson Smita Patil, put forth her vision of increasing women’s participation in construction, addressing workplace challenges, and advancing the cause of environmentally sustainable housing. It aligned perfectly with NAREDCO’s larger vision of ensuring affordable housing for all, as championed by PM Modi.   Key Personalities in Attendance: Voices of Change The Mahi Chairperson Appointment Ceremony featured a distinguished gathering. Shekhar Singh, Commissioner of Pimpri-Chinchwad Municipal Corporation, emphasised institutional reforms for gender inclusivity while calling for dedicated avenues for women professionals resonated with the event’s theme. Dr. Vidya Yeravdekar, Vice Chancellor Symbiosis University, spoke of education as a tool for empowering women, while Apekshita Tipse, General Manager of Cosmos Bank, highlighted the role of accessible financial support for women entrepreneurs. Celebrated actor Dev Gill acknowledged the broader societal impact of women’s participation, adding a cultural dimension to the discussions. Outgoing Chairperson Ananta Raghvanshi expressed pride in the platform’s progress, passing the baton to Smita Patil with optimism for the future. Bharat Agarwal, President of NAREDCO Pune, reinforced the organisation’s commitment to supporting initiatives like Mahi.   A Sustainable Vision for the Future The industry represents not only economic growth but also social responsibility. Mahi’s initiatives aims to address the dual challenges of gender disparity and environmental sustainability. Mrs Smita Patil’s agenda includes creating eco-friendly housing solutions and improving conditions for female construction workers, thus contributing to a progressive and inclusive future.   Conclusion India’s construction industry stands at a pivotal juncture, with gender inclusivity and sustainability becoming integral to its growth narrative. NAREDCO Mahi’s efforts, led by visionary leaders like Smita Patil and supported by industry stalwarts, exemplify the transformative potential of empowering women in real estate. As the sector expands, such initiatives promise a brighter, more equitable future for India’s realty landscape.

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Union Budget 2025: A Boost for Real Estate, Infrastructure, and Sustainable Development

The Union Budget 2025 paves the way for long-term growth in real estate, infrastructure, and wellness-focused development. With increased funding for urban infrastructure, affordable housing, and transit-oriented expansion, the budget supports a modern, future-ready real estate sector that aligns with evolving market demands. By prioritizing connectivity, green energy, and digital advancements in property transactions, it aims to streamline business operations and attract long-term investments. Beyond real estate and infrastructure, the budget places significant emphasis on healthcare and wellness, addressing the growing demand for holistic living environments. The push for sustainable urbanization, eco-friendly buildings, and wellness-driven spaces is set to transform residential and commercial landscapes, fostering a healthier and more balanced lifestyle. These initiatives not only boost investor confidence but also position India as a global leader in integrating wellness, sustainability, and infrastructure, driving long-term economic value. Umesh Pawar, Founder, Dream Works Realty

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Industry Leaders Respond to Union Budget 2025: A Progressive Approach to Real Estate Growth

Pune, 02 Feb, 2025 The Union Budget 2025 has introduced key reforms and financial allocations aimed at strengthening the real estate sector. While industry leaders welcome several initiatives, they also highlight the need for further measures to boost housing demand and affordability. CREDAI Pune Metro President, Mr. Ranjit Naiknavare, on Budget 2025 Mr. Ranjit Naiknavare, President of CREDAI Pune Metro, lauded the continuation of the SWAMIH initiative, stating: “The SWAMIH Fund I has already enabled the completion of nearly 90,000 housing units by the end of 2025. With the launch of SWAMIH Fund II, an additional ₹15,000 crore has been allocated to facilitate the completion of 1 lakh homes from stalled projects, providing a significant boost to the housing sector.” However, he noted that the industry had anticipated additional policy measures to further stimulate demand, including increased incentives for affordable housing, GST reductions, and additional income tax benefits. “A higher cap on home loan interest exemptions, which has remained unchanged for years, and a revised definition of affordable housing—based on minimum dwelling unit size rather than a fixed ₹45 lakh value nationwide—would have provided additional momentum to the market and improved housing affordability,” he added. Despite these unmet expectations, Mr. Naiknavare emphasized that the budget remains progressive and forward-looking, with a positive impact expected on the real estate ecosystem. Budget 2025 Reaction by Kapil Gandhi, MD, Sigma One Universal Echoing similar sentiments, Mr. Kapil Gandhi, Managing Director of Sigma One Universal, appreciated the government’s strong focus on urban development and infrastructure enhancement. “The creation of new funds amounting to nearly ₹1 lakh crore and a renewed push for infrastructure through PPP projects will enhance urban liveability in cities like Pune and drive long-term growth,” he said. Additionally, he welcomed key tax reforms, stating: “The increase in the income tax exemption limit to ₹12 lakh is a major relief for the middle class. Likewise, the hike in rental TDS from ₹2.2 lakh to ₹6 lakh and the removal of notional rent on a second self-occupied property are positive changes. These measures will encourage homebuyers, particularly those looking to invest in additional or second homes, while fostering a positive sentiment in the real estate market.” A Forward-Looking Budget for Real Estate While industry leaders acknowledge the positive steps taken in the budget, they also highlight the need for additional reforms to sustain long-term growth in the housing sector. The continued focus on urban infrastructure, affordable housing, and tax relief is expected to contribute significantly to India’s real estate landscape in the coming years.

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Impact of Innovative Construction Pedagogy in Architectural Academia on Real Estate Development

Innovative Construction Pedagogy Construction pedagogy is critical for preparing architecture students with a comprehensive understanding of building systems, materials, structural principles, and construction methods. Institutions such as SMEF’s Brick School of Architecture in Pune emphasize combining academic knowledge with practical applications, guaranteeing that graduates are ready to fulfill the needs of modern buildings and reach new heights. Historically, architectural education has stressed design and theory, but today’s complicated construction industry requires a more balanced approach. Architects must not only design visually appealing structures, but also ones that are environmentally friendly, economical, and structurally sound. SMEF’s Brick School of Architecture blends academic study with practical experience, allowing students to master building codes, construction procedures, and material usage. This integrated pedagogy teaches future architects to efficiently plan and manage projects, with an emphasis on practical application rather than abstract design. Technological advances are routinely altering construction pedagogy leaving students to gain immersive insights into the construction process through tools such as 3D printing, virtual reality, and Building Information Modelling (BIM). BIM, for instance, combines engineering, design, and construction management, allowing students to assess the influence of their decisions on the project’s lifecycle. SMEF’s Brick School of Architecture uses cutting-edge methods to prepare students for real-world challenges. Sustainability is a key component of current architectural education. Getting it right helps students learn the correct use of sustainable materials, build energy-efficient structures, and use environmentally friendly procedures. These abilities are critical as the need for durable, environmentally meticulous structures is on the rise. Impact on Real Estate Development By guaranteeing effective techniques, cost management, and cooperation with contractors and developers, architects skilled in construction procedures make a substantial contribution to real estate development in various ways, including: 1. Professional Collaborations: Architects with construction pedagogic training are excellent at managing construction teams, scheduling, and budgeting, and ensuring that projects adhere to deadlines, budgets, and standards. 2. Increased Cost and Time Efficiency: Trained architects can improve project success, cut waste, and streamline operations with a solid understanding of risk management, cost estimation, and procurement. 3. Smoother Technological Integration: Architects are better able to suggest creative, economical solutions when they are knowledgeable about contemporary techniques like prefabrication, modular construction, and smart systems. 4. Inclusion of Sustainable Development: Architects who are knowledgeable about green building certifications, like LEED, help developers create environmentally friendly, energy-efficient developments. Ar. Manali Deshmukh Vice Principal, Professor, SMEF’s Brick School of Architecture, Pune [email protected] Ar. Sudhir Deshpande Associate Professor, SMEF’s Brick School of Architecture, Pune [email protected]

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