Dikshu Kukreja, Managing Principal, C P Kukreja Architects commented, "As a practising architect and urbanist, I believe Artificial Intelligence has brought forth a host of tools, software and platforms that have the potential to revolutionise architecture and city-making. AI saves time and produces more. It can help architects analyse vast repositories of data, automate monotonous tasks, and produce multiple design iterations by defining parameters, thus catalysing innovation. This doesn’t just hold true for buildings. AI also opens up major opportunities in urban planning worldwide – to create better cities. When combined with tools such as GIS (Geographic Information System) and BIM (Building Information Modelling), it can aid in the visualisation, simulation and analysis of complex geo-spatial data over large areas. Most importantly, the building industry needs to respond quickly to climate change. Sustainable design is the need of the hour and AI can prove vital for architects and engineers as they look to improve a building’s energy performance and lower its carbon footprint."
Ashok Singh Jaunapuria, MD & CEO, SS GROUP expressed, "Artificial Intelligence is a game-changer in real estate. Real Estate professionals can use AI to analyse market conditions, property prices and other factors to arrive at property value, market trends and investment opportunities. Property management is a difficult task. There is a lot that goes into the process, such as rental applications and transactions, leasing agreements, and disclosure statements. It can aid property management in a variety of ways like automatic document creation, allowing realtors to focus on other duties. AI may also be used to scan property paperwork for errors such as blank fields, missing signatures, and so on. AI assistants and Chatbots can help landlords, renters, and property managers communicate more effectively. AI-powered Chatbots can answer common questions from renters and can even send utility bills and notices automatically. Validation of property documents has been made easier using AI. And can even make language translations of documents lot easier."
