Ancient or Classic or Renaissance or Gothic or Modern; styles of architecture have ‘defined’ ages. Characteristic features of design and structure, geotechnical and civil engineering expertise have been passed on from one age to another. Eclecticism of architectural styles was a product of observation and theoretical learning; one style of architecture got transported to the next stage or to a different geographical location over time. Globalization invaded the globe, eliminated territorial barriers and created a boundary-less pool of resources.
Globalization has had a powerful impact on Real Estate. Real estate is, and always will be, essentially a local industry. Yet, the lure of globalization and the pressure placed on the real estate industry by its core clientele (young and globally oriented) is looking to globalize by expanding into new markets is forcing new ideas, innovations, and best practices that will lead to a greater appreciation of the global market among owners, users and investors in the real estate industry. Until recently, real estate sector in India only saw a patch work of expertise from indigenous and Global Real Estate Markets. Today, it grasps the unique advantage of having global reach and is cashing in on this by adopting global real estate standards and inviting participation from international experts of design, construction and management.
These consultants offer end to end technological, structural and design solutions and these are made to suit the Indian market and taste. The services range from strategy consultation, business planning, design, structuring exercises and management.
In the late 1960s government started encouraging foreign collaborations in these services. The objective of this was to also develop local design capabilities along with the inflow of imported technology and skills. This measure encouraged international construction and consultancy organizations to set up joint ventures and register their presence in India.
At present, a handful of builders are implementing smart technologies by bringing in international expertise for architectural designing, traffic management, cost management, mechanical, electrical and many such activities. These consultants are adding colors to the Indian expertise and implementing style in the form of eco-friendly townships, high-rise structure, and implementation of high end real estate products to bring luxury, class and convenience in customer’s lifestyle.This blog will regularly showcase the new international technologies and expertise partnering Indian Real Estate Players to provide a world class experience in architecture, design and amenities.
