NAREDCO takes lead to support “Construction Technology Year” by initiating iDAC Expo Governing Council

Apex real estate body NAREDCO along with Nova Exhibitions & Conferences Pvt. Ltd introduces “iDAC”, an initiative in lines with our honorable Prime Minister Shri NarendraModi’s vision of coining the year April 2019 to March 2020 as the “year of construction technology”. The 3 day exhibition commenced on 8th march 2019 at BIEC (NESCO) Goregaon, Mumbai in the best interest to showcase the technological advancement in the Indian construction and real estate industry. The exhibition was inaugurated by Mr.RajanBandelkar- President, NAREDCO Maharashtra and witnessed the presence of some of the key movers & shakers of the industry including Shree GopalKabra- Managing Director, R RKabel, ManjuYagnik- Vice Chairperson, Nahar Group, Vilas Avchat- Vice President, Indian Institute of Architects, Gurmeet Singh- Vice Chairman, IGBC and other stakeholders of the fraternity. iDAC is a platform to showcase, network & exchange industry knowledge advancement in the industry, for the industry thus, keeping an eye on current market affairs, issues & trends. The exhibition is targeted towards the key government authorities, developers, architects & designers, civil & structural engineers, consultants-contractors & MEP professionals. "iDAC" will cover the entire gamut of  materials & technologies involved in every phase of construction through its multi city travelling discussion forum & a mega exhibition in Mumbai, India. Speaking on the occasion, President of NAREDCO Maharashtra, Mr.RajanBandelkar said, “We are optimistic to convert concealed challenges into opportunities that are affecting the real-estate industry. The key focus would be to improve the technology and bring in new techniques in construction sector as our H’ble Prime Minister has discussed topic like urban challenges, ensuring livability and desirability of affordable housing, skill development in construction sector, enabling eco-system for new construction technologies, innovations in construction equipment manufacturing sector, new technologies in construction beyond housing sector among others.” During this year of construction technology, the real estate fraternity will be exposed to enormous potential in regards to technological advancement that will lead to a well-systematic approach that will eradicate various issues and concerns of the industry, a major one being inability of deliverance at the builder’s end. Also, the support of private sector in affordable housing will further pace up the dream of housing for all by 2022’. Overall, the sentiments of the industry are changing and indicates a promising milestone of the real estate sector evolving into a trillion dollar economy by 2030.