The month of March did bring in cheer to the real estate sector with the clearing of the Real Estate (Regulation and Development) Bill, 2015 which is expected to ease homebuyers’ concerns like delayed delivery and change in project layout among others. Builders are also expected to benefit as higher transparency and accountability will mean better flow of institutional fund into the sector.
Keeping aside regulations and legalities, the Indian real estate sector has also been going through changes in the way it conducts business, adopts technology and meets the requirements of the customers. Talking to different developers and industry professionals, Buildotech finds out that the market is maturing with more professionalism coming in. The buyers are more aware of the global trends in design and construction technology and the developers are leaning towards factors like energy efficiency and water conservation.
In the technical section, we have the findings of a research done at IIT, Chennai on the durability and long term performance of concrete and an essay on how passive cooling of buildings scores over conventional air-conditioning in maintaining the indoor temperature and in economic viability.
An excellent example of how sustainable design can help make a zero energy building is the Green Mosque built by Beary Group in a hot & humid coastal village in Udupi district in Karnataka. The mosque has an open structure allowing natural ventilation and has orientation to reduce solar heat gain.
The International IFM summit organized by Buildotech in January this year has had industry experts adding great value through presentations and discussions. We bring to the readers two very interesting sessions: the one by Mili Majumdar from TERI on the FM challenges in operation and maintenance of green buildings and the other by Sreedhar Saraswathi, of Archibus on the role of technology in increasing efficiency in FM.