Artificial intelligence (AI) is moving rapidly from experimentation to enterprise adoption, transforming industries and redefining business models. In India, the AI market — currently estimated at around $10bn — remains at an early stage but is widely expected to have far-reaching implications for sectors including real estate.
Industry observers say AI is set to influence the property lifecycle end-to-end, from design and planning to sales and long-term facility management. During the design phase, developers are increasingly expected to adopt hyper-realistic simulations, generative 3D modelling and predictive cost tools that could reduce errors and minimise project bottlenecks.
Planning and execution processes may also see significant gains. AI-enabled project scheduling, resource allocation and real-time monitoring are likely to help developers manage timelines more efficiently and prevent delays. On construction sites, the technology is expected to power interconnected ecosystems where drones, computer-vision safety systems and predictive analytics continuously track progress, flag risks and optimise workflows.
The sales function could undergo equally notable changes. Personalised property discovery, automated valuation tools, immersive virtual tours and predictive investment modelling are expected to make transactions faster and more data-driven for both buyers and developers.
Meanwhile, property management is projected to evolve through smart building environments supported by sensor networks, adaptive lighting, intelligent access controls and AI-based assistants that respond dynamically to user behaviour.
Taken together, the convergence of PropTech and AI is likely to drive greater transparency, efficiency and scalability across India’s real estate market over the coming decades, even as the sector navigates early-stage adoption challenges.
