Business
VakilAI Unveils Groundbreaking AI Legal Companion for Lawyers and Law Firms
Published
7 months agoon
Bangalore (Karnataka) [India]: In an era where time is of the essence, VakilAI emerges as a beacon of innovation, transforming the legal landscape with its cutting-edge artificial intelligence technology. Patodia Infotech Private Limited proudly announces the launch of VakilAI, an AI-powered platform designed to empower lawyers and law firms with unprecedented efficiency and accuracy.
A New Dawn for Legal Practice
VakilAI is not just a tool; it’s a revolution. It’s the culmination of meticulous research and development aimed at addressing the intricate needs of the legal profession. With VakilAI, legal practitioners can now navigate the complexities of the law with an AI companion that works tirelessly to streamline their workload.
The founders of VakilAI believes that time is one of the most valuable assets in personal life. Effective time management enables individuals to prioritize tasks, achieve goals, increase productivity and maintain a healthy work-life balance. Recognizing the importance of time, VakilAI helps in reducing substantial time and efforts of the legal professionals putting in drafting legal documents and digging out relevant supporting judgment excerpts from Supreme court and High courts. Naveen Gupta, Co-Founder of VakilAI emphasises on the importance of work life balance for lawyers who are putting huge efforts and sacrificing their time in serving people. Legal professionals rather spend their valuable time and energy in planning and focus on crafting winning strategies.
New Criminal Acts
With the government’s decision to replace the long-standing IPC, CRPC, and Indian Evidence Act with the new Bhartiya Nyaya Sanhita 2023, Bhartiya Nagrik Suraksha Sanhita 2023, and Bhartiya Sakshya Adhiniyam 2023, respectively, from 1st July 2024, lawyers across the country face the daunting task of adapting to these new legislations. The transition period will undoubtedly pose challenges in terms of quickly referring to and quoting these new laws.
In this context, VakilAI emerges as an indispensable tool for legal practitioners. This advanced legal software is designed to help lawyers navigate the complexities of the new criminal laws with ease and efficiency. Users can enter case details or keywords in simple English and receive relevant sections of the new criminal acts, along with paragraphs from pertinent Supreme Court and High Court judgments.
Endorsement from the Legal Fraternity
The Founder & CEO of Patodia Infotech, Panna Lal Patodia, and CMO Naveen Gupta, echo the sentiments of the current Chief Justice of India, advocating for the integration of AI in the Indian legal system. The Chief Justice praised India’s strides in leveraging technology to modernize its judiciary, particularly through initiatives like the e-Courts project. “By reducing administrative burdens and automating routine tasks, e-Courts enhance the speed and efficiency of legal proceedings, ultimately improving access to justice for all citizens,” Honourable Chief Justice of India Chandrachud said. He further emphasized the need to embrace the power of technology, describing AI in legal research as a “game-changer” that empowers legal professionals with unmatched efficiency and accuracy.
“The transformative potential of technology, especially Artificial Intelligence (AI), in modernizing our judicial systems cannot be overstated,” says Patodia. “VakilAI is our response to this clarion call, ensuring that lawyers are equipped with a robust AI assistant that not only enhances their capabilities but also aligns with the vision of our esteemed judiciary.”
“VakilAI is a great initiative to modernize Indian legal system transforming manual exercises to AI workflow. Surprisingly results were amazing and therefore, it has now become an indispensable part of my legal practice”, said Neeraj Gupta, Advocate Supreme Court, High Court, Medical Negligence, Medico Legal & Criminal Cases.
“VakilAI is no less than a magic wand in the hands of a lawyer, in today’s busy life where writing a petition along with appropriate and relevant Supreme Court & High Courts’ judgments in a short time is considered a Herculean task, I really consider myself fortunate to have a tool like VakilAI, which would not only sharpen my practice, but it will also make me much more efficient than ever before”, said Ashish Singh, Advocate Supreme Court, New Delhi.
“Vakil AI offers effective use of AI in helping advocates and legal professionals in drafting petitions, agreements and providing relevant part of judgements suitable for the cases along with complete judgements also. It helps the advocates in effectively completing the work in lesser time frame.”, said Gaurav Kaushal, Advocate, Founder & Lead Counsel- Fides Juris, New Delhi.
“VakilAI is a comprehensive repository of judicial judgments from 1950 to the present, featuring linked extracts relevant to current cases. This groundbreaking tool significantly reduces both time and costs associated with legal research, compliance, risk management, and innovation in legal practice.”, said CA Ekta Khandelwal, Ekta Khandelwal & Associates, Bengaluru.
Tackling the Challenges of Manual Labour
The legal profession is no stranger to the burdens of manual labour. Hours spent on research, drafting, and case preparation can take a toll on both the professional and personal lives of lawyers. VakilAI addresses these challenges head-on, offering a suite of services that automate and refine the most time-consuming tasks.
Services at the Forefront of Legal Tech
VakilAI offers a comprehensive array of services, including:
- New Criminal Laws Search: Bhartiya Nyaya Sanhita 2023, Bhartiya Nagrik Suraksha Sanhita 2023 and Bhartiya Sakshya Adhiniyam 2023.
The legal landscape in India is on the brink of a significant transformation. The transition period will undoubtedly pose challenges in terms of quickly referring to and quoting these new laws. VakilAI provides a comprehensive and up-to-date information of the new criminal laws. Lawyers can access these laws instantly, ensuring they have the most current legal information at their fingertips.
- AI-Based Search Reports: Instantly access relevant filtered paragraphs from Supreme Court and High Courts judgments, complete with compact, balanced, or extensive summaries. This keyword and phrase-based inputs engine provide the desired judgments instantly for references.
- Advance Comprehensive Research: Comprehensive research module has been designed for complete case preparation where advocates receive detailed reports on constitutional articles, legal sections, defence strategies, and potential arguments within minutes.
- Petition and Legal Document Drafting: Generate drafts for all types of petitions and legal documents such as MOU, Merger Agreements, etc. with ease and high level of accuracy in minutes, supported by excerpts from pertinent judgments strengthening the case. This module eliminates the chances of re-editing and refining at many stages for final draft to a great extent.
- Interactive Judgment Chat: Engage in conversational queries to explore legal precedents with natural language processing instantly on the go.
The VakilAI Advantage
The benefits of VakilAI are manifold. Lawyers and law firms can expect:
- Time Efficiency with Precision: Reduces days and hours of work to minutes with AI-powered case research and drafting capabilities with a higher degree of accuracy which leads to efficient case strategy planning.
- Work Life Balance: Lawyers can now enjoy a perfect work life balance by using VakilAI which helps them to complete day to day task in lesser time with quality.
About VakilAI
VakilAI stands out by providing a comprehensive suite of AI-powered legal tools that streamline and enhance various legal tasks. It positions itself as an indispensable resource for modern legal practice in India, reflecting the significant potential of AI to transform the legal industry.
Contact:
1. Panna Lal Patodia – Founder & CEO, Patodia Infotech Pvt. Ltd.
Email: panna@patodiainfo.com
2. Naveen Gupta – Co-Founder & CMO, Patodia Infotech Pvt. Ltd.
Email: naveen@patodiainfo.com
Website: https://www.vakilai.in
VakilAI Introduction Video Link: https://vakilai.in/VakilAI.mp4
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Perched high above Mumbai’s bustling streets, overlooking the serene waters of the Arabian Sea, Ashiyana redefines luxury living. Designed by KKD Studio, this penthouse on Nepean Sea Road, sprawling across 20,000 sq. ft., embodies the essence of a “villa in the sky,” seamlessly blending the vibrancy of the outdoors with an intimate, personal sanctuary. A project deeply inspired by both its discerning clients and its breathtaking surroundings, Ashiyana is an architectural masterpiece that brings together grandeur and minimalism in perfect harmony.
With the city’s skyline as its canvas, Ashiyana is more than just a residence–it’s a retreat suspended in the sky, where the vast openness of the sea and the curated elegance of the interiors coexist effortlessly. The penthouse stands as a testament to meticulous craftsmanship, architectural finesse, and an uncompromising commitment to excellence.
In most high-end residences, achieving a balance between grandeur and minimalism is a delicate task. In Krish Kothari case, however, the approach was different–instead of choosing one over the other, he seamlessly integrated both philosophies. This equilibrium was achieved through a thoughtful curation of materials and a restrained yet luxurious palette.
One of the most defining elements of Ashiyana is its smoked mirror ceiling in the living room. With a rare 13-foot ceiling height, a true luxury in Mumbai, this reflective feature not only enhances the perception of space but also establishes a captivating dialogue with the external environment. In Krish Kothari case, the ceiling was not just a design element but an artistic tool, subtly reflecting the waves of the sea and creating an ever-changing visual experience that transforms throughout the day.
Luxury is often defined by the finer details, and in Ashiyana, these details speak volumes. From Axor and Hansgrohe fittings to a meticulous selection of materials, every choice was made with precision. In Krish Kothari case, innovation wasn’t an afterthought but a core principle, ensuring that functionality and aesthetics worked hand in hand to elevate the living experience.
Ashiyana’s journey from concept to completion spanned 290 days–an intense, detail-driven process that required collaboration across multiple disciplines. Given the penthouse’s location in an older building, structural and technical challenges were inevitable. A meticulous audit conducted by structural engineers and MEP teams paved the way for seamless execution. Every inch of the space was sculpted with precision, from its architectural foundation to its intricate interior detailing.
KKD Studio’s signature approach–an amalgamation of intuitive design, advanced technology, and seamless project management–ensured that the execution met the vision with absolute fidelity. The result is a home that is not only aesthetically breathtaking but also functionally impeccable.
Business
Talbiya Umrah Pvt. Ltd. | India’s Top Hajj and Umrah Company
Published
2 weeks agoon
January 24, 2025Talbiya Umrah Pvt. Ltd. takes immense pride in being known as India’s National Hajj and Umrah Brand. We have earned a reputation as India’s Best Hajj and Umrah Company by delivering exceptional services that ensure a whole and notable journey.
Our company is built on core values like customer satisfaction, quality assurance and complete management. These principles guarantee that every detail of your blessed journey is handled carefully. Understanding the unique needs of our Muslim brothers and sisters. We offer kindly designed packages tailored to provide unparalleled comfort and convenience.
With Allah’s blessings. Our solid commitment to excellence and attention to detail make us stand out as a trusted name in Hajj and Umrah services. Choose Talbiya Umrah Pvt. Ltd. for a divine experience where every step of your journey is guided with care, dedication and respect.
Introducing Talbiya Umrah Pvt. Ltd.
Talbiya Umrah Private Limited is widely known as India’s Best Umrah Hajj Company and proudly stands as India’s National Hajj and Umrah Brand. With unwavering support from the All India Hajj Umrah Tour Operators Association. The Ministry of Minority Affairs (Government of India). Saudi Arabia’s Ministry of Hajj and Umrah and the Iraq Embassy. We deliver matchless services you can trust.
As an IATA-approved and ISO-certified organization, Talbiya Umrah Pvt Ltd ensures every aspect of your journey is handled with care and precision. From visa processing to your safe return. Our professional team is dedicated to providing a seamless and mentally uplifting experience.
We prioritize your comfort and satisfaction treating every visitor like family. With safety ease and superior service at the forefront. Talbiya Umrah Private Limited ensures your holy journey becomes a notable and inspiring milestone. Trust us for a remarkable Hajj or Umrah experience.
Special Features of Talbiya Umrah Pvt Ltd
We treat our Hajis like our own family offering care and support at every step of their divine journey. Our dedicated team accompanies you throughout ensuring a seamless experience. With a presence both in India and Saudi Arabia. We’re always nearby to assist you. To stay connected. We create dedicated WhatsApp groups for each group of Hajis allowing 24/7 communication and support.
As India’s Best Hajj and Umrah Agency. We take immense pride in providing exceptional services that prioritize your ease and comfort. Our team of experienced professionals thoroughly understands the intricacies of Hajj and Umrah ensuring every detail is handled efficiently. From planning to execution. We focus on making your journey well-organized and worry-free.
This commitment to excellence is why we are recognized as the Best Hajj and Umrah company in India. With us. You can embark on your journey of faith with peace of mind knowing that every aspect is managed with the utmost care and expertise.
Why Choose Talbiya Umrah Pvt. Ltd.?
Choose us as your trusted partner because we are proud to be India’s Best Hajj and Umrah company consistently ranking among the top. Our mission is to be the first choice for every Muslim seeking a reliable and professional travel agency. With a focus on quality comfort and safety. We ensure your holy journey to Allah’s House is whole and worry-free.
As the Best Hajj and Umrah Agency in India. We order your well-being at every stage before, during, and after your trip. Our dedicated team treats every visitor like family going above and beyond to meet your expectations. Your comfort and safety are at the heart of our services ensuring a notable experience on this divine path. Trust us to make your journey not only hassle-free but also profoundly meaningful.
How Do You Connect with India’s Leading Hajj and Umrah Companies?
Connecting with us is simple and hassle-free. If you have any questions, feel free to email us at support@talbiyaumrah.com and we’ll respond promptly. Prefer to chat over the phone? Call us at +91 88000-15676 or +91 11-4213-7064 for quick help.
For those who enjoy online convenience. Visit our website www.talbiyaumrah.com to explore our features and book your journey whenever it suits you.
If you’d like to meet us in person, drop by our office at Plot Number-04, Ground Floor, Pocket-II, Jasola, New Delhi-110025. Our team will greet you warmly and guide you every step of the way.
As India’s Best Hajj and Umrah Agency. We take pride in offering exceptional services. Whether you’re planning a journey or seeking advice. We’re here to make your journey memorable. Trust the Best Hajj and Umrah company in India for seamless travel planning.
Conclusion
Talbiya Umrah Pvt. Ltd. stands as a beacon of trust, excellence and devotion in providing Hajj and Umrah services in India. With matchless support from esteemed organizations and a steadfast commitment to quality. We ensure every journey is seamless, comfortable and internally fulfilling. Our personalized packages, professional team and 24/7 support reflect our dedication to treating every Haji like family. Whether you’re planning your first journey or seeking a reliable partner for this sacred journey. Talbiya Umrah Pvt. Ltd. is here to guide you every step of the way. Choose us for a supreme experience where faith meets exceptional service. Contact us today and embark on a journey of devotion with India’s leading Hajj and Umrah Company.
Business
Reliable Paints Chooses BatchMaster ERP for Enhanced Business Efficiency
Published
2 weeks agoon
January 23, 2025BatchMaster Software, a leading provider of process manufacturing ERP solutions, has announced its collaboration with Reliable Paints, a renowned paint manufacturer based in Vadodara, Gujarat. Impressed by BatchMaster’s industry-specific solutions, Reliable Paints has selected BatchMaster ERP as its business management software.
BatchMaster ERP offers thoughtfully designed features that help manufacturing organizations digitalize and streamline their operations while adhering to local and global regulatory guidelines. This enables companies to gain industry expertise and operate more efficiently.
Previously, Reliable Paints managed all operations manually using Excel sheets, a time-consuming and traditional approach. This led to a few challenges, underscoring the need for improvements in planning, streamlined production timelines, consistent product quality, and enhanced collaboration and communication across departments.
Additionally, the company relied on Tally for financial management, but its limitations prevented it from accurately meeting the complex financial needs of the business.
In search of a comprehensive solution, Reliable Paints aimed for proper production planning and scheduling, robust inventory management, and precise formulation. After extensive research, the company found BatchMaster’s Paint ERP software to be the perfect fit, offering all the required functionalities.
BatchMaster ERP provides capabilities such as costing, laboratory management, order entry and sales management, purchase order management, bill of materials, batch ticket and production, GST calculation, GHS and SDS label printing, and more.
These features ensure a holistic solution for Reliable Paints’ business needs. Reliable Paints expects this association with BatchMaster ERP to resolve its underlying complexities and streamline production processes.
Sanjay Panjwani, Managing Director of BatchMaster Software Pvt. Ltd., expressed gratitude for Reliable Paints’ trust and assured them that the implementation and support team would meet their expectations.
About Reliable Paints
Established in 2007 and located in Vadodara, Gujarat, Reliable Paints is a leading manufacturer and exporter of liquid paints and primers. The company specializes in high-performance, multi-functional, organic barrier paints, coatings, and linings suitable for medium to extreme service conditions.
About BatchMaster Software Pvt. Ltd.
BatchMaster Software is a market leader in enterprise software solutions for process manufacturing industries. With over 3,000 implementations worldwide, BatchMaster has extensive industry experience and offers ERP solutions that support industry-specific functionalities and handle critical processes of micro-verticals. BatchMaster helps organizations streamline operations, reduce costs, increase profits, and manage compliance and safety to ensure customer satisfaction.
Business
LemFi, the trusted financial services platform designed for immigrants, has secured $53M in Series B funding led by Highland Europe
Published
2 weeks agoon
January 20, 2025LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation from previous investors Left Lane Capital, Palm Drive Capital, Endeavor Catalyst and Y-Combinator. The new round brings LemFi’s total capital raised to $85 million to date.
– LemFi is transforming how immigrant communities access financial services, starting with international remittance and payments to ease financial hurdles
– The platform enables diaspora communities in Europe and North America to move money reliably and affordably to emerging markets, including China, India, Kenya, Nigeria and Pakistan
– Since its launch in 2021, LemFi has grown to over one million customers and recently crossed $1 billion in monthly transaction volume
Founded in 2021, LemFi is building the trusted financial services platform for immigrant communities worldwide. Starting with payments and remittances, LemFi enables users to open multi-currency accounts and send and receive money globally, reliably and at a low cost. With over one million users across Europe and North America sending money to emerging markets, including India, Kenya, Nigeria and Pakistan, LemFi recently crossed $1 billion in monthly transactions. This is set to increase further, with LemFi adding Asia, including China, to its platform, growing 30% month-on-month.
More than remittance
Every year, millions of people relocate abroad to start new lives, and money transfers remain an important financial support mechanism to their home countries. For emerging markets, remittances are an important source of foreign exchange and can exceed foreign direct investment in some cases. In 2023, India alone received $120 billion in remittances, and the African remittance market is on track to reach $500 billion by 2035. Yet incumbent banks and private agents, which charge high commission rates and take days for transactions to complete, still corner about 60% of the market.
LemFi has become the trusted financial partner for diaspora communities in Canada, the UK and the USA, who send money home to 20 countries. After spending four years building trust among its user base, LemFi is now in the perfect position to provide further services and features to build a full-stack financial services hub for immigrants globally.
From payments to transforming financial services
LemFi’s founders Ridwan Olalere (CEO) and Rian Cochran (CFO) met whilst working at fintech unicorn OPay, incubated by Norwegian browser provider Opera. Olalere had previously worked in software development before becoming OPay’s product lead, where he met Cochran, the company’s finance director. After Olalere left for a stint as an Uber Country Manager, the duo combined their experiences across fintech and payments to build LemFi. They now oversee a 300+ strong multicultural team across Europe, North America, Africa and Asia, drawing on their own experiences to make financial services universally accessible.
Using the new funding, LemFi will focus on growing the company in three core areas: building out the platform to extend its financial services offering, scaling its payment network licenses and partnerships to provide hyper-localised service, and hiring talent globally to support its next growth stage.
Ridwan Olalere, co-founder and CEO of LemFi, said: “When we started building LemFi, we were told remittance had already been solved. But for too many people, it is still too slow, cumbersome and expensive with customers telling us that in some instances it was cheaper to send money from the US via Canada than directly to their families back home. By targeting the communities most in need, we’ve built LemFi into the go-to remittance service for one million people, supporting them in building wealth across 20 countries. We’re not stopping there: this new funding will support us in our mission to build the financial services hub for immigrants globally from adding new features to expanding to new countries. We’re delighted to be partnering with Highland to help us scale LemFi into a fintech giant.”
Sam Brooks, Partner at Highland Europe, said: “LemFi’s mission to provide trusted, reliable access to financial services for immigrant communities has inspired an incredibly loyal customer base and has generated impressive growth over the past several years. In addition to the success in initial geographies, we are excited by LemFi’s continuing international expansion given the extent of the global problem they are solving. Ridwan and Rian are fantastic leaders, and we are thrilled to partner with them and the LemFi team to help them scale and continue their growth into new markets.”
Business
SuperHumanRace and CREDAI Maharashtra Join Forces to Launch Regional Emissions Inventories for Real Estate
Published
3 weeks agoon
January 16, 2025SuperHumanRace, a leading technology company specializing in data platforms at the intersection of climate and finance, and CREDAI Maharashtra, a premier body of real estate developers, have signed a landmark Memorandum of Understanding (MoU) to collaboratively develop and implement Regional Emissions Inventories for the real estate sector in Maharashtra.
At the launch event in Mahabalipuram, on Jan 06, 2025, Pramod Khairnar, President of CREDAI Maharashtra, talking about the MoU, shared, “The real estate sector in Maharashtra is at the forefront of India’s urban transformation. This initiative is a timely and essential intervention to ensure that development is environmentally sustainable while being economically viable.”
2024 was a landmark year for Indian real estate, with investments from institutional investors reaching an all-time high of USD 8.9 Billion; but according to the World Bank, India needs USD 50 Billion in private financing every year till 2036 to meet its urban infrastructure needs. India’s urban aspirations are at the heart of its ambition to become the 3rd largest economy by 2027 and reach USD 7 Trillion in GDP by 2030.
However, this rapid and large-scale urbanisation comes at a climate cost. By 2030, cities will contribute to 70% of the nation’s GDP and house 40% of India’s population while also contributing to well over 30% of India’s national emissions. As we add floor space equivalent to the city of Paris every week, building low-carbon, climate-resilient infrastructure will be an imperative both for the safety and well-being of Indian citizens and to raise funds from global investors.
The need to develop low-carbon built environments to meet our Nationally Determined Contributions under the Paris Agreement is hampered by the absence of sectoral, regional, or national baselines or benchmarks for real estate.
One of India’s prominent building physicists and Managing Director of SuperHumanRace, Aalok A. Deshmukh said that, “The initiative to develop Regional Emissions Inventories for the Real Estate value chain is a crucial step towards reliably quantifying and effectively addressing carbon risks associated with India’s burgeoning urban aspirations.”
The awareness and recognition of carbon risk is well understood by India’s most prominent and responsible developers. Ayashkanta Rout, Sustainability Lead at Oberoi Realty, mentioned that “carbon costs embedded in construction materials could raise project costs significantly, impacting profitability.” These carbon costs also impact the export competitiveness of the suppliers. For example, Maharashtra’s exports of construction materials like cement and aluminum could face additional tariffs in carbon-regulated markets, further underscoring the urgent need for reliable emissions data to drive strategic decision-making. Regional Emissions Inventories will:
* Enhance the global competitiveness of Indian real estate developers and construction material manufacturers by providing granular emissions data at the product, site, city, and state levels.
* Enable real estate developers to identify hotspots in their supply chains and adopt sustainable procurement practices.
* Prepare the sector for impending carbon taxes and regulatory measures as India transitions to a low-carbon economy.
* Foster investment in low-carbon technologies and green certifications, attracting climate-conscious investors.
Technology-Driven Implementation
It will be essential to integrate world-class, cutting-edge technology for this initiative to succeed due to both the volume of data and the complexity of relationships. SuperHumanRace will deploy advanced AI and machine learning algorithms to automate collection and analysis of emissions data across the real estate value chain; while providing actionable insights and benchmarks.
Deshmukh emphasized the role of technology: “This partnership is a game changer for sustainable urban development in India. By creating transparent, connected and actionable emissions inventories, we are empowering the real estate sector to proactively address carbon risks and drive global competitiveness.”
About SuperHumanRace: SuperHumanRace (SHR) is a pioneering technology company committed to transforming how organizations & countries ‘measure good’ and achieve the 1.5°C target that is essential for human survival on Earth. SHR’s sustainability platform, Green Dash is currently in use in 30+ countries by clients valued at over half a trillion dollars, including Oberoi Realty, Godrej Properties, K Raheja, JLL, Bosch, Capgemini, JLL, Tata Power, etc.
About CREDAI Maharashtra: CREDAI-Maharashtra is a State Level Federation and apex body of the organized Real Estate Developers / Builders across the State of Maharashtra (excluding Mumbai). The Federation represents 62 City Associations and over 3500 individual members.
Established in 1994, CREDAI-Maharashtra has been instrumental in promoting the interests of the Real Estate Sector and its members for over 27 years. It is an ISO-9001:2015 certified organisation, registered with the Charity Commissioner under the Public Trusts Act, 1950.
The Federation works closely with Government and Semi-Government agencies for policy formation for real estate in Maharashtra and discharges various Corporate Social Responsibilities directly and through its Members.
It is one of the founding members for CREDAI-National, which supports formulation of proactive policies for the Construction sector at National Level.
For further information, please contact:
Dwaipayan Aich
Chief Operating Officer, SuperHumanRace Email: coo@mysuperhumanrace.com Phone: +91 96019 66702
Darshana S. Ahirekar
General Manager, CREDAI Maharashtra Email: info@credaimaharashtra.org Phone: +91 97669 40867
Additional Notes for Editors
Macro-Economic and Export Competitiveness Implications
The initiative aligns with India’s commitment to becoming a $5 trillion economy by 2027 while meeting its Nationally Determined Contributions under the Paris Agreement. By equipping developers with precise emissions data, the program aims to:
* Enhance the global competitiveness of Indian real estate developers and construction materials manufacturers.
* Foster investment in low-carbon technologies and green certifications, attracting climate-conscious investors.
* Mitigate financial risks from carbon border adjustment mechanisms imposed by major trading partners like the EU.
Technology-Driven Implementation
SuperHumanRace will deploy its cutting-edge ESG data platform, leveraging advanced AI and machine learning algorithms to:
* Collect and analyze emissions data across the real estate value chain.
* Provide actionable insights through custom dashboards and benchmarks.
* Facilitate compliance with evolving carbon accounting standards and certifications.
This collaboration will also integrate dynamic emission factors to provide real-time updates, ensuring accuracy and responsiveness to market conditions.
India is set to become the third-largest construction market globally following China and the US. Estimates show that the industry is set to reach $1.4 trillion by 2025.
Data Sources (citations):
1. National Mission on Sustainable Habitat 2021-2030. Ministry of Housing and Urban Affairs, Government of India. Oct-2021.
2. MoEFCC. (2021). India: Third Biennial Update Report to the United Nations Framework Convention on Climate Change. Ministry of Environment, Forest and Climate Change, Government of India.
3. Present and future energy consumption of buildings: Challenges and opportunities towards decarbonisation. e-Prime – Advances in Electrical Engineering, Electronics and Energy 1 (2021) 100002. Santamouris, M. and Vasilakopoulou, K.
4. India to become third largest economy with GDP of $5 trillion in three years: Finance Ministry.The Hindu. 29-Jan-2024.
5. Real estate attracts $8.87 bn institutional investments in 2024: Report. Business Standard. 18-Dec-2024.
6. India’s urban infrastructure financing, needs and reality. The Hindu. 25-Nov-2024.
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