The infrastructure facility and real estate committee of the Mahratta Chamber of Commerce Industries and Agriculture (MCCIA) will organise a two-day summit on Smart technology,applications in real estate construction and infrastructure industry. The summit will see many senior people from the industry talking about the application of smart technology in the real estate sector. S K Jain,president of MCCIA,said with the city growing leaps and bounds,it was necessary that technology was utilised in its full capacity to help reduce time and cost. The need of the hour is to embrace the technologies used in the world,which have made an impact in the construction industry, he said. The summit will be inaugurated by Ajit Gulabchand,chairman and MD of HCC,and see experts from various institutes like School of Planning and Architecture participating.