Cresire Consulting
Do you know why BIM in Real Estate development is useful and what are the benefits that developers can leverage? In the construction industry, the use of BIM in real estate development is becoming increasingly popular.
BIM In Real Estate – Making A BIM-Fit Development
Real estate is remunerative yet a time-consuming and responsibility-driven job. From land acquisition till property handover, real estate developers have many responsibilities in a multitude of sectors.
Before we examine the use and the benefits of BIM in Real Estate and property management, let’s take a look at the key responsibilities of real estate development companies and professionals:
- Securing Finances from the investors for the construction and lifecycle/maintenance of the built asset is the initial step. In which a real estate company is required to deliver the master plan of the project to secure the trust of an investor
- Operations and Maintenance costs must be incorporated in the cost analysis. And a real estate developer must accordingly secure the finances before the construction
- Developing Conceptual Designs through an architect for delivering conceptual plans such as built-up area, super built-up area, and project specifications to investors and customers
- Customers must be Well Informed about the project’s progress and new developments. Any changes in the agreed design must be approved by the customer before implementing them on site
- Developing Marketing and Advertising materials such as 3D renders, realistic images, and walkthroughs for providing an insight into real construction to customers and prospects
- Offering Affordable Prices to the customer for generating revenue to pay back the investors & project stakeholders, maintain operational costs, and make profits
- Considering Sustainability Measures for keeping a greener and safer environment
BIM for Residential Real Estate Developers and BIM for Corporate Real Estate involves a detailed plan in a shared 3D virtual environment which leads to excellent project planning and execution. To know more in detail, visit https://bit.ly/3i4I3yS
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