Realty Ushers in the Drone Age

Realty Ushers in the Drone Age
Feb 2019 , by , in Latest News

In the Age of the Drone, no business can afford to remain a dinosaur. Here’s a look at how drones are changing conventions in the real estate sector.

Text: Nadine D’Souza

 The real estate sector too is witnessing a convergence of property and technology where drones, big data and artificial intelligence are transforming traditional processes. The technology is proving especially valuable for uses such as monitoring site progress and marketing upcoming projects.  Accurate and timely drone-based assessments of property conditions also help reduce investment risk.  Aditya Kedia, Managing Director – Transcon Developers feels that new trends like drones, big data, 3D printers, site analytics, virtual reality tools, etc. in the construction and real-estate undertakings will nothing but shape the future of real-estate industry.

 

The usage of drones in the construction industry has seen a 239% growth year-over-year globally, higher than any other commercial sector. According to a recent industry report, India is one of the fastest growing markets for UAVs (unmanned aerial vehicle) and by 2021, the Indian UAV market is expected to reach USD 885.7 million.

 

The ECI-PwC report declares highways, roads, bridges and housing as the segments to take the lead in the usage of drones, based on secondary data on best practices of drone in the construction industry globally, including India. Drones can eliminate redundancies and bring in efficiency at every step of the construction lifecycle. The construction sector is the fastest-growing adopter of commercial drones, and is likely to require 2.5 lakh people with UAV operating skills in the coming years.

Industry players are charting various tasks for drones from tracking progress, site security, facilities management, difficult-to-access equipment inspection, maintenance as well as for project marketing. In the future, we may see drones moving materials on the job site or even delivering materials to site from a manufacturing unit.

 India enters the drone zone

With the introduction of regulations by the Directorate General of Civil Aviation (DGCA), several states are already deploying drones for urban planning, mine monitoring and highway development. Drones have also become a prominent new technology for Smart city development for gather data and save valuable time for surveyors in the form of geo-referenced aerial images with razor-sharp resolution. Also read http://realtyplusmag.com/waves-of-change-on-the-shores-of-indian-real-estate/

A developer’s ‘eye in the sky’

Drones can go where humans can’t. Developers can use drones to survey sites, especially those in hard-to-reach areas. This also eliminates the possibility of human error in site surveys. Vipul Singh, Co-founder and CEO of AUS (Aarav Unmanned Systems) cites the role of drone technology in safe mapping & surveying with highly accurate data results even for inaccessible locations. When combined with high-resolution 3D mapping solutions, problem areas are captured with higher detail saving time and costs. Project managers can monitor various sites remotely enabling them to better direct resources a, maintain project schedules, map work efficiencies and adherence to protocols. AV Antao, Chief Operating Officer, Synergy Property Development Services predicts that going forward drones will play a fundamental role in delivering huge and complex projects with a better finishing and on-time results.

 Disrupting real estate marketing

Through drone one can take high quality photographs and videos, which makes a huge difference by showcasing the horizon of a project and actual views. The convention was for developers to create a sample flat or showcase similar flats to buyers. With drone images, customers can get a more realistic sense of what they can expect from their future homes. NoBroker co-founder and CEO Amit Kumar Agarwal is of the view that on the online platform as customers rarely get a sense of what kind of view they will enjoy from their future homes, drone images become a very useful tool in completing the entire customer experience.”

 Building with drones

Last but not the least even architects are using drones as construction assistants. French architect Stéphanie Chaltiel has been experimenting with using drones fitted with a spraying hose to apply different layers of biomaterials (non-cement based mortar) on a light formwork and develop a eco-friendly construction method. Italian Carlo Ratti Associati employs drone formations to draw on urban facades collaborative art through real-time data. In its initial implementation, the project proposes to use the facades of construction sites as giant canvases.

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