Smart Technology 101: A Change In The Landscape Of Indian Real Estate

A decade ago, if you heard someone say that technology is going to make it big in the housing market, it was seen with much skepticism. But today, the technology has entered the Indian real estate market and how! From changing its landscape to altering the dynamics of residential real estate in general, it has come a long way. So, when you think of looking up a 3 BHK residential apartment in Gurugram next time, you will find a listing of the multitude of residential developments that offer smart home technology with its residences. Emaar-India too introduced their master project in the name of Digi Homes that has changed the scenario of luxury living in Gurugram. So, what has turned the tables in favour of smart home technology and how does it play a pivotal role in Indian real estate today? Let’s find out.

Numerous advancements and innovations in technology has pushed many real estate developers to adopt technology in their dwellings to make it more attractive for the homebuyer. From mobile-centric technology to biometrics playing a huge role in the advancement of smart home automation, the standards of real estate landscape have gone a notch higher. In addition to this, technology has reduced the time taken to build the infrastructure and increased construction quality standards in real estate. Therefore, the future of Indian real estate lies in creating smart and livable cities.

With smart homes and Internet of Things (IoT) already shaking up the real estate industry, today every homebuyer looks for built-in home appliances, security cameras, etc. in their standard checklist of things to have in a home. Since most of these things can be remotely controlled, it makes for convenient and easy living. Clearly, there is a drastic change in the way real estate in India works today with smart technology taking over and paving the way for newer innovations. This has, of course, changed the traditional approach taken towards Indian real estate business.

Technology and sustainability are the key factors currently that are dictating change and every real estate developer or business in India is ready to reel in the smart automation market with their projects. So, if you are a homebuyer with an inclination towards smart home automation to make your life easier, there’s no better time than now to make that dream come true. Emaar DigiHomes brings the latest and advance technology, so you can truly live the life you had always dreamt of.

5 Real Estate Trends To Watch Out For

A lot has been said and speculated about the dipping performance of the real estate market in India in the last year or two. The thing to remember here is also that this market has seen a sea of changes in the past 5-6 years. The introduction of RERA, affordable housing initiatives, GST rate changes and dynamic demand-supply etc. are only a few of the many significant changes that took place.

The fluctuating growth, hence, is not without reason. On the upside, a recent JLL report cites that the H1 2019 sales of residential units is 22% greater than H1 2018. And that figure speaks for itself. Having said the above, along with the reforms came a lot of new trends that have now become norms like co-working spaces, easy home-loan options, rise in green construction etc. While these trends are still driving the demand-supply dynamic to some extent, there are other trends too that are bringing in the most novel ideas and setting the whole industry on a path of self-discovery.

We explore some of those trends below-

1.Co-Living-

This is not entirely a new concept because it basically implies a number of people sharing a living space, much like a PG or semi-rented accommodation. But the millennial twist to this concept is to have common interests, skills and mottos in order to form a commune that can attempt to replace a family for people who are away in new cities and seek the comfort. It is much more than sharing a kitchen, as you can guess.

2.Real Estate Investment Trusts-

For years together, real estate has been a sector where only a certain section of the society could venture into because of the ticket of the investment. REITs, on the other hand, open this sector up for the investors who are looking for smaller investments in the sector. Think of them as shares released by a company that is investing in real estate securities and the shares can be traded in the stock market for any investor to buy.

3.Micro-markets-

Very interestingly, despite of being such a vast land, Indian real estate did not segment the areas for selling as much as it does now. Micro markets are basically smaller markets within a macro market that are not uniform in terms of amenities, convenience, accessibility etc. Thus, the demands across these micro-markets differ and so does the cost.

4.Artificial Intelligence and Virtual Reality-

Now, this part is more experience-based. AI in marketing and lead generation can help companies target and sell better. There can be AI chatbots assisting customers on tours and information. Similarly, through VR, you can practically see what your future house is going to look like; the builder’s vision becomes yours. A device can help you peruse a prospective house.

5.Smart Homes-

Although a much-accepted trend towards the bigger countries, the smart homes market is just about catching up in India. Owing to ease of access and convenience, many families now want homes, devices, appliances around them to be smart and easily operable; even from a distance. Smart homes are digitally powered homes connected at the core with smart devices that can be fed with your preferences and needs and can be voice-controlled.

As is the rule of the game, embracing the trends and changes with both hands is what keeps you at the top and Emaar India believes in doing exactly that. We are relentlessly working towards building smart yet luxurious projects for our investors and our latest offering Emaar Digi Homes, is the culmination of all such efforts. Offering you a smart and affordable lifestyle, this project defines ultra-modern living. Visit here to learn about more of Emaar’s formidable projects.

Presenting Emaar Digi Homes

digi-home-image-3

What if you could get your home to obey your commands? Set your soul free as you splash in the pool during chilly winters? Maybe frost the kitchen window with a few voice commands?

At the heart of the prime Golf Course Extension Road, in Sector 62, Gurugram is our latest state-of-the-art offering – Emaar Digi Homes. Each feature is designed and conceived, to help you unwind, relax and break from routine. The Project consists of three high rise towers overlooking the Aravalis. Each tower consisting of 4 apartments and each apartment is three sided open.

1.Design Philosophy

At the core of Digi Homes, is its three-fold design philosophy. Combining the pleasures of living in the warm traditional low rise, the security of a modern high-rise gated community and the emergence of technology for a unique experience.

2.Unparalleled Connectivity

Hardly 45 mins away from the IGI airport, and only 25 mins away from Cyber Hub, Golf Course Road, the Metro Station, Malls, schools and Shopping Centers, this Project offers connectivity like no other. The location will also provide further ease of commute via an upcoming extension of the Rapid Metro.

3.Luxury that listens

Get awed by the larger than life towering lobbies that lead you into an astounding futuristic experience. With easy navigation across floors, smart access and intuitive voice control that lead into your kitchen, bathroom and showers, experience a new era of smart living.

Build your own orchestrated experience as you use voice-enabled temperature control and the ambient mood lighting. Soak in the breath-taking view and the serene tranquillity of the Aravalis from your extravagant bedrooms with wide and breezy balconies.

4.Life is Calling

The Project also has an exclusive Resident Club House with curated amenities. With a Temperature-controlled infinity pool, you can take a swim during the winters as well. Be it tennis, basketball court or a jogging track – indulge in a sport of your choice or steal some quiet moments with your loved ones at our lush green walkway. Experience the unparalleled thrill with an exclusive Virtual Reality gaming room. There is also a dedicated kid’s play zone to let those little champions soar high and set their minds free. In addition to the central amenities, each of the three towers also has their own facilities such as a crèche, a co-working space and an indoor games area.

5.A Gated and Secure Community

With Emaar Digi Homes, it’s never too late or too far to catch up with friends and family. The grand banquet hall, restaurant and cafe all overlooking the greens offer the perfect setting for those interesting conversations and get-togethers.

6.Pleasant in any weather

The site is designed and master planned such that there are areas that have access to the sun in the winter and are perpetually in shade during the summer. The towers have been oriented in a manner which harnesses the monsoon winds but auto-blocks the summer winds.

With every space thoughtfully conceived for ultra-modern living, welcome to Emaar Digi Homes – a promise to a lifestyle of tomorrow.

To know more Visit: emaar.digihomes.com