<p>Undoubtedly, one of the most significant technical advancements of the last ten years may be ascribed to innovations that have improved our ability to visualize our goods. Technologies are helping professionals, especially those in the real estate industry, such as developers, designers, and architects, to better visualize their projects and take action. These technologies range from 3D and digital modeling to augmented and virtual reality. As a result, there is less resource waste, more efficiency, and the creation of ecologically friendly initiatives. These advancements are in perfect alignment with the green revolution that the Indian real estate sector is now undergoing in an effort to future-proof its operations and meet India’s promise to achieve Net Zero by 2070.</p>
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<p>1.It’s interesting to note that India came in third place for LEED (Leadership in Energy and Environmental Design) certification in 2023 on the US Green Building Council’s (USGBC) annual list of the top 10 nations and regions worldwide. A certification that is recognized across the world as an indicator of leadership and environmental performance, LEED is a green building grading system.</p>
<p>Building Information Modeling (BIM) is emerging as one of the most significant efforts in creating sustainable real estate projects of the contemporary period in this transformative journey. In order to build a project’s functional and physical aspects in a way that is ecologically friendly, a model-based design must be created. 2.Industry estimates indicate that BIM contributes to a 20–30% decrease in project expenses.</p>
<p>Use BIM to Simulate the Energy Consumption of Buildings</p>
<p>Finding out how long a real estate project will last is crucial to setting the correct price and creating value for all parties involved, including investors, purchasers, developers, and landowners. Here, using a variety of techniques to reduce carbon emissions during construction and understand the building’s carbon footprint is helpful. These tools include energy performance modeling, lighting analysis, and construction and demolition waste analysis, among other crucial characteristics.</p>
<p>Land, water, energy, and material are the four construction-related variables that BIM may be comprehensively investigated. Here, it helps with the effective use of water, drainage, and planning; it regulates and simulates the development progress on the land parcel; it controls the energy consumption inside the building and, accordingly, analyzes shortages and gaps. In addition, it monitors material consumption and use during the whole project.</p>
<p>In order to improve communication within the design team, the Building Information Modeling program also comprises information sharing across AEC (Architects, Engineers, Contractors) experts. The outcome of this cooperative effort is that every facet of the project’s development aligns with the developer’s sustainable goal.</p>
<p>Strong Demand for BIM Professionals</p>
<p>3.In 2023, industry Research Future published a research estimating that the Building Information Modeling (BIM) industry in India will grow to $1.35 billion by 2024. In India, a number of BIM tools are widely used, including Vectorworks, Navisworks, Tekla BIMsight, Infurnia, Revit, and ArchiCAD. Because cloud-based BIM software solutions can be remotely controlled, demand for them has increased dramatically in recent years. Even as the government aggressively constructs buildings in accordance with BIM, these changes are driving up demand for BIM engineers across. To keep up with the always changing BIM trends in the market, this calls for active engagement from both industry and academics. Moreover, collaborations with educational institutions, certifications, and training programs will aid in the development of a pool of skilled BIM practitioners.</p>
<p>This takes on importance in light of the many programs that the federal and state governments are implementing, such as the Smart Cities program, which calls for the creation of sustainable, energy-efficient buildings. As to the 2017-2018 Economic Survey, 4India would need a substantial expenditure of around $4.5 trillion for the development of infrastructure by 2040. This will make a larger role for BIM in the nation’s development of affordable and sustainable infrastructure necessary. A 2017–2018 Economic Survey states that we anticipate BIM will be essential to achieving this goal. As a result, there is a growing need for BIM engineers, and more cooperation between contractors, engineers, and architects is required, which attracts young people to the field. The Indian real estate market will focus on sustainability during the next ten years, and BIM will be essential to its expansion.</p>
Creating information modeling predicts the sustainable course of real estate
