Telangana’s ‘BuildNow’ Initiative: A Transformative Approach to Real Estate Development

In a bid to streamline the construction process and ensure rapid urban growth, the state of Telangana has launched the ‘BuildNow’ initiative. Under the previous system, developers were often required to navigate through multiple departments and deal with complex paperwork, leading to prolonged approval timelines and significant project delays.

In response to these challenges, the Telangana government introduced ‘BuildNow’, a sophisticated and AI-powered platform designed to replace the previous Telangana State Building Permission Approval and Self-Certification System (TS-bPASS).

Key Features of the BuildNow Initiative

The ‘BuildNow’ initiative brings together a blend of technology, transparency, and efficiency. Here are some of its key features:

1. AI-Powered Scrutiny: At the heart of the ‘BuildNow’ platform is artificial intelligence (AI), which significantly reduces the scrutiny time for building plans. With AI’s ability to process complex documents and analyze design plans efficiently, developers no longer need to wait for several days to get approval.

2. Unified Interface: One of the standout features of ‘BuildNow’ is its single-window interface. In the past, developers were required to interact with multiple government agencies, each with their own sets of requirements and procedures. With ‘BuildNow’, the entire approval process is integrated into one unified platform, where all applications, documents, and approvals are managed. This streamlined system reduces the complexities faced by developers and helps them track the progress of their applications in real-time.

3. Blockchain Integration: By integrating blockchain technology, the platform ensures that each step of the building approval process is fully traceable and verifiable. Every application, document submission, and approval will be recorded on the blockchain, providing a tamper-proof record that can be accessed by all stakeholders.

4. 3D Visualization Technology: To enhance the building approval process, ‘BuildNow’ incorporates 3D visualization technology, allowing users to experience their building plans in an immersive environment before construction begins. Developers can now get a realistic preview of their projects, providing them with a better understanding of how the structure will look and function once completed. This feature also helps in identifying potential design flaws early on, saving time and resources during construction.

5. Multilingual Support: Telangana is home to a diverse population, and ‘BuildNow’ ensures that the system is accessible to everyone by offering multilingual support. Developers and stakeholders can use the platform in several languages, including Telugu, English, and Urdu, making the approval process more inclusive and accessible to a wider audience.

Impact on Telangana’s Real Estate Sector

The ‘BuildNow’ initiative is set to have a profound impact on the real estate sector in Telangana. Here’s how:

1. Accelerated Project: Timelines The reduction in approval timelines is expected to significantly speed up the entire construction process.

2. Enhanced Transparency: The blockchain integration in the ‘BuildNow’ platform ensures that all steps in the approval process are recorded and transparent.

3. Boost to Investor Confidence: By establishing a transparent approval process, Telangana is enhancing its appeal as a prime destination for both domestic and international real estate investors.

Conclusion

Telangana’s ‘BuildNow’ initiative is a transformative step toward modernizing the state’s real estate sector. With AI-powered scrutiny, blockchain integration, and a unified interface, it promises to significantly reduce delays, boost transparency, and foster growth in the real estate industry.