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Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

Sobha Q4 profit up at ₹92 cr; FY26 profit rises 2 times to ₹193 cr Godrej Properties FY26 profit rises 32% to ₹1,850 crore, stock gains WeWork India opens Aerocity centre, adds 1.1 lakh sq ft in Delhi-NCR Listed realty firms tighten grip on land deals as market consolidates in FY26 Concorde leases 1.4 lakh sq ft to BHIVE at Bengaluru’s Econex Ramky Estates takes over ₹2,000-crore stressed residential projects from Skylark Builders in Bengaluru Brigade, Bain Capital to develop ₹2,200 crore mixed-use project in Bengaluru Cognizant pre-leases 6.5 lakh sq ft in Chennai to set up GCC for US Bancorp Strong leasing boosts Mindspace REIT’s Q4 performance Embassy REIT eyes 10–12 msf acquisitions; demand tailwinds support growth MICL Group acquires 2 projects in South Mumbai with sales potential of ₹2,000 cr Mahindra Lifespace pre-sales rise 21% to ₹3,405 crore in FY26 on strong housing demand Maharashtra amends sand policy, deploys flying squads to curb illegal mining GIFT City to expand its area by 15%; over 161 acres to be added Real estate shifts to delivery-led growth as RERA tightens norms: NBR Group Meghna Infracon to invest ₹500 cr on five redevelopment projects in Mumbai region Domestic capital drives 76% of India's real estate investment, foreign inflows stay muted: Report Nvidia inks 10-year lease for 7.6 lakh sq ft office space in Bengaluru Office market shines in Jan-Mar despite global headwinds; net leasing up 7% in top 7cities: JLL Mehul H Doshi assumes charge as president of CREDAI Chennai for 2026–2028 Sales of affordable homes down 23% in Jan-Mar to 16,273 units in top 8 cities: Knight Frank India real estate demand remains stable in Q1 despite launch slowdown: Equirus Lodha Developers bets on data centres and low leverage as it targets sustained growth after record FY26 Real estate deals down 63% to $763 mn in Jan-Mar against Dec quarter: Report Chalet Hotels acquires Udaipur resort for ₹171 crore Bengaluru’s next real estate boom to be driven by expansion of metro lines Sunteck Realty Q4 pre-sales rise 22% to ₹1,064 cr Capital inflows in Indian real estate rise 72% to record $5.1 billion in Jan-Mar: CBRE Table Space adds 4.25 lakh sqft in Mumbai, Pune Asset Homes charts road map for FY27; to launch 28 projects
DRA partners with California-based Slate AI for AI-led co...
By BL Chennai Bureau · 2026-04-28 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine
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DRA will be integrating Slate AI across key functions including project management, quality inspection, site monitoring, procurement optimisation, safety analytics, and delay prediction, among others

Updated - April 28, 2026 at 07:27 PM.

Ranjeeth Rathod (right), Managing Director, DRA, and Senthil Kumar, CTO- Global Head of AI, Slate Technologies Inc. at a press conference in Chennai.

Ranjeeth Rathod (right), Managing Director, DRA, and Senthil Kumar, CTO- Global Head of AI, Slate Technologies Inc. at a press conference in Chennai. | Photo Credit: BIJOY GHOSH

Chennai-based real estate developers DRA on Tuesday announced a strategic partnership with California-based Slate Technologies Inc. to deploy Slate AI, an AI-powered construction intelligence platform across its operations.

The platform is currently deployed across DRA projects in Chennai covering approximately 3.3 million sq. ft., supporting nearly 2,000 workers across construction sites and over 100 technical staff, the real estate company said in a press conference on Tuesday. DRA will be integrating Slate AI across key functions including project management, quality inspection, site monitoring, procurement optimisation, safety analytics, and delay prediction, among others.

Slate Technologies helps developers shift from traditional reporting systems to proactive, AI-led execution models. Its platform and the various modules help offer more visibility in the project phases and help improve delivery outcomes and reduce cost overruns.

Ranjeeth Rathod, Managing Director, DRA said that the construction industry is at a crucial juncture where it needs to evolve. “Construction by experience is great but need to move to construction by intelligence for efficient delivery,” he said.

With Slate, we are now able to forecast the exact number of days, manpower, and material needed to deliver on projects and right now are focusing on shortening project delivery timelines,” he added. He expects to go in for full implementation of the AI modules by December 2026.

On the risk of AI eating up jobs in the labour intensive sector, Rathod told businessline that the tool is going to help the sector upskill their workforce and use of robots or other such physical AI systems is not here yet. Speaking about the impact of the West Asia war, Rathod says they have seen about 8-10 per cent cost increase and delivery pressures due to the situation. “AI tools like Slate help in meeting project timelines amid such crisis,” he added.

Speaking about the partnership, Senthil Kumar, Global Head of AI, Slate Technologies Inc. said that traditional systems are no longer enough to manage growing project complexity in the construction industry. The Silicon Valley based company that already serves North American, EU, UK, Africa and others, is making their India foray with DRA. We are now also in talks with more real estate players in India, Kumar told businessline.

Published on April 28, 2026

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