APPLICATION OF LEAN TOOLS IN CONSTRUCTION OF REAL ESTATE PROJECT .

Abstract

In the Indian economy, the real estate industry is of significant importance as it contributes between 6-8% to the Indian gross domestic product (GDP). Indian real estate building has fantastic growth prospects. Some Challenges such as Waste generation, Lack of skilled labour, Time overrun, Cost Overrun, Low Productivity etc. Average cost of waste as Proportion of cost of the project, excluding the cost of Performance varied from 5.38% to 14.70%.for Waste reduction and improve the productivity construction companies have started improvement through Lean Construction. It is essential to recognize waste and its related root causes at Indian construction sites in order to adopt lean principles, in which a major focus is on waste minimization. To evaluate the goals and functionalities of each LC instrument, a systematic literature review will be carried out. The functionality of lean software must be consistent with the accompanying procedures in order to effectively implement LC. The work presented would assist construction project management in making informed decisions on construction sites to schedule, handle, and monitor work activities related to equipment.