MUMBAI, India, June 26 -- Intellectual Property India has published a patent application (202441099411 A) filed by Venkatanarayanan P S; Anurekha G S; and Minimol J S on December 16, 2024, for Ai-Powered Construction Management Platform With Design Thinking Framework.
Inventors include Venkatanarayanan P S; Anurekha G S; and Minimol J S.
The application for the patent was published on June 19, 2026, under issue no. 25/2026.
Abstract: The construction industry faces challenges in managing costs and materials due to limited awareness of available options, fluctuating market prices, and inconsistent information. Traditional methods for obtaining supplier data are time-consuming and unreliable, leading to inefficiencies, delays, and increased expenses. These issues impact both professionals and firsttime builders, complicating decision-making and risking cost overruns. Our project introduces a centralized online platform featuring an Estimation Calculator Tool and a Price Comparison feature to address these issues. 1. Estimation Calculator Tool: Generates accurate cost estimates based on project details like material requirements and design preferences. Users can adjust quantities and specifications, ensuring precise budget planning by considering both direct and indirect costs. 2. Price Comparison: Enables real-time side-by-side evaluations of materials from multiple suppliers, helping users identify competitive rates and make informed decisions. 3. Material Information Database: Consolidates regularly updated data on material types, costs, and design inspirations, reflecting market trends for accurate decision-making. 4. User-Friendly Interface: Simplifies navigation for professionals and first-time builders, providing easy access to material quality and pricing data. The platform also provides design inspiration and insights into material sustainability, empowering users to choose eco-friendly options while balancing cost and quality. By offering real-time updates and flexible tools, the solution enhances transparency and promotes efficient project planning. Keywords: Construction materials, cost estimation, price comparison, pricing transparency, centralized platform, cost efficiency, sustainability, user-friendly interface.
Disclaimer: Curated by HT Syndication.
