In a significant move towards digital transformation in the real estate sector, Autodesk, a leader in design and engineering software, has entered into a three-year enterprise partnership with Prestige Group, a prominent Indian real estate developer. This collaboration is set to facilitate the integration of Autodesk's advanced software solutions into Prestige Group’s operational framework, marking a pivotal shift towards more efficient digital processes in real estate development. The partnership aims to enhance various aspects of the real estate lifecycle, spanning design, construction, and project management.
As part of this agreement, Prestige Group plans to implement Autodesk Forma, along with a suite of tools from the Autodesk Architecture, Engineering, and Construction (AEC) Collection and Autodesk Construction Cloud. This comprehensive deployment strategy is designed to create a cohesive digital ecosystem that connects diverse workflows across residential, commercial, retail, hospitality, and mixed-use projects. By aligning digital systems and standardizing processes among stakeholders—including consultants, contractors, and project teams—the partnership is poised to foster improved coordination and data sharing throughout all phases of project execution.
In addition to these tools, Prestige Group will leverage advanced project management capabilities, specifically 4D and 5D project management, to integrate time, cost, and design data within its workflows. This integration will facilitate the tracking of project schedules, budgets, and construction progress in a unified digital environment. Vishesh Kaul, the Chief Information & Digital Officer at Prestige Group, emphasized the significance of this partnership, stating, "By partnering with Autodesk, we are building a connected digital backbone that unifies design and execution across our enterprise. This move enables greater collaboration, improved efficiency, and stronger control across our projects while positioning us for a more sustainable and future-ready growth journey."
Kamolika Gupta Peres, Vice President of Autodesk India & SAARC, echoed these sentiments, highlighting how the collaboration with Prestige Group reinforces Autodesk's commitment to pioneering technology-led transformations in the industry. She noted, "Our collaboration with Prestige Group further strengthens our engagement with leading developers and underscores the growing shift toward design-led, technology-enabled transformation. By embracing integrated, cloud-based platforms, the industry can revolutionize how projects are delivered—enabling sustainable, design-driven, and cost-efficient developments to be completed in significantly less time." This partnership not only signifies a technological advancement for both companies but also represents a broader trend in the real estate sector towards enhanced efficiency and sustainability through digital innovation.