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Digital Twin: The Age of Aquarius in Construction and Real Estate

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Digital Twin: The Age of Aquarius in Construction and Real Estate

Consistent with the fourth industrial revolution, investment in technological automation has evolved from speculation to a critical task. Digital twins are at the forefront of this movement.

Pioneers in the fields of healthcare, energy, and transportation are pushing for initiation and awareness raising. From the global market size of 3.1B USD in 2020 to 2026.1, the digital twin is expected to reach 48.2B USD The top management often ignores the concept of digital twins due to concerns about the unknown or concerns about early investment.

However, disasters such as COVID-19 and climate change require global attention; it is no longer the frontline activists who seek corporate action. Recurring market disruptions are now forcing business executives to consider out-of-the-box methods to respond to challenges with greater agility and speed. Blackrock, a company that manages assets of more than 9T USD, has taken sustainability and climate change as a factor of investment risk. 2 Such measures will require industry leaders to make greater commitments to these hazards. Technologies like digital twins provide a practical way to digitize process-driven operations while laying the foundation for long-term global challenges.

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Architecture and the built environment are also beginning to realize this opportunity. Digital twins have four important value propositions in the built environment: Building maintenance and operation Environmental impact and sustainability Health and wellness Staff improvement and real estate interface This white paper provides an overview of digital twin technology and why C-level leaders should start adopting digital twins as a channel for digital real estate strategies today.

News Source : Construction Placement

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Construction Infrastructure

Greater Noida Land hurdle cleared for road linking Knowledge Park 3 with LG chowk

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Greater Noida Land hurdle cleared for road linking Knowledge Park 3 with LG chowk

The Greater Noida authority is set to issue a tender to finalise a contractor to build a 1.5km stretch of a key road connecting LG Chowk to the education hub in sector Knowledge Park 3. The private firm owning the land has agreed to give it away for the road project after 15 years of negotiations. The authority will build a central verge, drainage network, horticulture.

work to beautify the road, which has witnessed frequent road accidents due to its half-built state. The authority will issue a tender to finalise a contractor, approving a budget of ₹31 crore for the project. The road is expected to take six months to build, as the current road is half-built from the education hub to LG Chowk and the other half is not built due to land issues.

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Greater Noida is set to build a bridge across the Hindon river, connecting the education hub road to Noida’s busy areas. The work has been expedited after resolving a land dispute, as the road will witness heavy traffic once the bridge is ready. The authority will build a central verge, drainage network, and horticulture work to beautify the road, which has experienced frequent.

Road accidents due to its half-built nature. Once the bridge is completed, commuters will travel through the road with ease and reach Noida from Greater Noida in five minutes. The bridge and road stretch will alleviate the need for commuters heading towards LG Chowk and Surajpur to traverse the Noida-Greater Noida Expressway up to Pari Chowk, reducing travel.

Distance by at least 10 kms and easing congestion around Pari Chowk The Greater Noida Authority has resolved a longstanding land acquisition issue, paving the way for the construction of a crucial 1.5 km road linking LG Chowk to Knowledge Park 3. This development is expected to significantly alleviate traffic congestion at Pari Chowk.

  • Project Overview: The proposed six-lane road will feature three lanes in each direction, service roads, a central verge, and a comprehensive drainage system. These enhancements aim to improve traffic flow The road is being connected with Noida’s sectors 144, 145, and 146 through a new and do bridge being built across Hindon and enhance connectivity between key educational hubs in the region and reduce waterlogging during the monsoon season.
  • Land Acquisition Resolution: The land, previously owned by Super Cassettes Industries Ltd (T-Series), was a major bottleneck for the project. After extensive negotiations, the company has agreed to provide the necessary land for the road construction. Under the agreement, T-Series will retain 40% of the undeveloped land against external development fees, while the Greater Noida Authority will acquire.
  • Impact on Commuters: The new road is anticipated to benefit approximately 5 lakh people, providing a smoother and more efficient route between Knowledge Park 3 and LG Chowk. This will not only ease daily commutes but also support the region’s growing educational and commercial sectors This initiative reflects the Greater Noida Authority’s commitment to enhancing urban infrastructure.
  • A major hurdle has been cleared for the construction of a crucial 1.5 km road linking Knowledge Park 3 with LG Chowk in Greater Noida. The road aims to ease traffic congestion connectivity in the region, particularly benefiting the educational hubs.
  • The road project, designed to be a six-lane road with three lanes in each direction, will feature service roads, a central verge, and an efficient drainage system. These improvements are expected to enhance traffic flow and reduce waterlogging during the monsoon season, contributing to smoother commutes for the local population.
  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

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