India, Sept. 13 -- Artificial Intelligence (AI) is emerging as a game-changer for real estate projects. It has the potential to reduce construction costs, shorten project timelines, and minimise delays and wastage, directly benefiting homebuyers, Boman Irani, chairman of Credai, told HT.com on the sidelines of CREDAI Natcon 2025, which is being held in Singapore.

"The use of Artificial Intelligence in real estate will transform the way projects are executed," he said. "AI enables us to improve efficiency, cut costs, and accelerate timelines by reducing delays and wastage."

He said that once AI engines are fully trained and widely adopted, the impact on construction economics will be significant. "Developers will be in a position to pass...