A new concept called Digital Twin will help people review and monitor construction work.
What’s it about? City-based KKMSoft’s new service will help you book an apartment in a large complex and monitor its progress. Real estate developers like L&T, CMRL, and Tata Realty will have access to it to help monitor progress and prevent wastages and time and cost overruns. A Metaverse version for virtual tours will come later.
- Once the design for the space is finalised, the company makes a 3D format of how it will look when finished. The digital twin will reflect as the work progresses with colour codes to specify if it’s on schedule or delayed.
- People with access to the tool can monitor the progress on their devices. It’ll help large multi-city developers to keep track of multiple projects.
Its benefits: Apart from monitoring the progress, the benefits are financial. A developer can cut costs by at least 10%. The company’s MD Ramasamy Balasubramanian cites the city’s second airport as an example. Once completed, the final cost could increase to ₹25,000 crores from ₹20,000 crores. With the digital twin, there would be significant savings.