Advertisement
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Airports play a much bigger role than just enabling travel -...
Why does the same hotel brand operate multiple properties in...
The Brihanmumbai Municipal Corporation (BMC) is preparing to introduce an artificial intelligence (AI)-driven facility aimed at improving ease of doing business in Mumbai's real estate sector. The system is designed to streamline civic approvals by integrating multiple processes into a single digital platform, reducing manual intervention and improving transparency. It will support real-time tracking, document verification, and compliance checks through AI tools. The initiative is expected to reduce approval timelines and enhance efficiency for developers, architects, and consultants, while also improving investor confidence in the city's real estate ecosystem.
The Brihanmumbai Municipal Corporation (BMC) is set to introduce an artificial intelligence (AI)-enabled facility aimed at improving the efficiency of real estate approvals and strengthening ease of doing business in Mumbai. The move is part of the civic body's broader push to modernise governance through technology and reduce delays in project clearances. Advertisement
At an industry event organised by NAREDCO Maharashtra, senior officials highlighted that the upcoming system is intended to simplify approval workflows by bringing multiple civic processes onto a single integrated digital platform. The facility is expected to support developers, architects, and consultants in submitting and tracking applications in real time, reducing dependence on physical processing and manual checks.
Municipal Commissioner Ashwini Bhide stated that the introduction of the AI-led system represents an important step towards improving transparency in the city's real estate ecosystem. She noted that the use of technology is expected to help reduce approval timelines and improve operational efficiency for all stakeholders by minimising manual intervention.
The proposed platform will use AI-based tools for document verification, compliance monitoring, and predictive analysis. It is also expected to identify discrepancies in applications, ensure alignment with development control regulations, and provide data-driven insights to both applicants and civic authorities. The system is designed to standardise procedures and reduce human interface in approval processes.
Officials further indicated that the initiative is aligned with Mumbai's long-term goal of becoming a more investor-friendly and technology-driven urban centre. Faster project approvals are expected to support timely execution of residential and commercial developments, while also strengthening confidence among investors in the real estate sector.
During the same event, Mumbai Mayor Ritu Tawde stated that construction proposal approvals in the city have already been streamlined to a 45-day process through improved transparency and digitisation. She added that the focus remains on inclusive urban development, with emphasis on safer public spaces and improved infrastructure, including facilities supporting women's safety.
Industry members of NAREDCO Maharashtra, representing regions such as Pune, Nashik, Nagpur, and Karad, welcomed the initiative. They expressed that improved clarity and faster approvals could help reduce project costs and support timely delivery of housing and commercial projects across Maharashtra.
The civic body is currently finalising the infrastructure required for the rollout of the AI-based system. It is expected to be introduced in phases, along with training and onboarding support for users to ensure smooth adoption across departments and stakeholders.
At the same event, the leadership transition of NAREDCO Maharashtra was also announced. Kamlesh Thakur, Founder and Managing Director of Srishti Group, took over as the new President, succeeding Prashant Sharma. The new leadership team also includes Jay Goenka as Secretary and Manan Shah as Treasurer, marking a structured change in governance for the organisation.
NAREDCO Maharashtra also introduced a digital platform named NAREDCO ONE, aimed at connecting developer members through a unified system for communication and updates. The new leadership outlined its focus on stronger policy engagement, faster approvals, and greater collaboration with government bodies to support sectoral growth.
Outgoing President Prashant Sharma acknowledged the organisation's progress during his tenure and expressed confidence that the new leadership would continue building on the existing framework to support the real estate sector's development.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
