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.

DIY-ing your way to a smart home? Let’s reconsider!

DIY-ing your way to a smart home? Let’s reconsider!

The current smart home penetration in India is 1.5%. Also, the smart home market in India is expected to grow at 44% in the coming years. Hence, there is a very high possibility that you are a part of this growth and are planning the big shift to a technology-driven home as we speak. Good decision, we say. But the bigger question is, how are you planning to achieve it?

You can either buy a home that was designed to be a smart home and has been built accordingly. Or, you can conduct the digital transformation of your home by yourself. You might decide on the latter in order to save some money or fulfil your technological cravings. Having said that, there might be some graver issues that shall surface once the process starts. And we are here for a heads-up. Here goes-

The UI dilemma

A smart home only feels smart when the interface to use the technology is simple enough for you and us to understand. However, the thing to understand here is that it is not a single UI we are talking about; rather we are referring to a number of UIs that come with each smart home equipment and needs to be integrated into a user-friendly interface.

So, you got a smart home kit and a hub to centralize all activities. Can you now build a consolidated UI on your own considering the variety of devices you have got? And even if you do manage to integrate, isn’t there a possibility that only you (as the designer of this array) understands the complex UI and no one else? The possibility of this can be quite high.

Are you dis-integrating?

Consider this. You have spent hours selecting the exact model of the smart lights, home assistants, secure locks etc. Now imagine the horror of going through the installation of this equipment only to discover that they are not 100% compatible with each other. For example, perhaps your home assistant does not support the party-lights function of your smart blubs.

In a dream-like smart home weekend morning, you shall wake up to your favourite music playing and the room temperature set to just how you like it. Now when the milkman comes to your door and rings the doorbell, the music pauses and the smart security system shows you who it is at the door, you unlock the door sitting in another room. Also, in the dream-like smart home, all of this happens through a single app and through the click of a single button. However, in a DIY installed smart-home the reality might be different with you scrambling across various apps to get the system working and this whole science of your home is completely inaccessible to any visitors!

Let us trust the expert-

Let’s face it. Somethings are better accomplished by experts. You would be surprised at the number of things you did not know about smart homes; right from the network, cables, wi-fi capabilities, equipment functions etc. Internet of Things works on the concept of connected devices that talk to each other and to the cloud. Now, what if the place you have installed one of the devices doesn’t come with the required low-voltage wiring? However, with the right experience and tools, similar matters can be resolved in a jiffy.

Considering the above-said factors, it is advisable to invest in a pre-designed and equipped smart-home in order to actually experience the revolution that a smart home is; and not struggle with it. Why indulge in something that could be left to the experts? Watch this space for more such information!

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10 Reasons Why Jaipur’s Real Estate Is A Profitable Investment

Real estate in Jaipur has always been in high demand for various reasons. The Pink City shares excellent connectivity with Delhi, and is known for its rich cultural heritage and as a popular tourist destination. More recently, the IT wave in the city has led to the rising demand for modern commercial spaces and residential property. With modern civic amenities and well-developed social infrastructure, Jaipur makes for one of the most lucrative investment destinations in India today.

Here are 10 reasons why Jaipur’s real estate is a profitable investment:

1.As the capital city of India’s largest state, Rajasthan, Jaipur is also one of the fastest growing Tier 2 cities, with excellent infrastructure and scope for development.

2.Jaipur offers excellent connectivity across India via its International Airport, National Highways and its strategic location on the Golden Quadrilateral. The upcoming Metro rail will further enhance connectivity and boost the property prices in the city.

3.Jaipur shares excellent connectivity with the national capital, Delhi, which further adds to the value of its real estate. Delhi is a 3-4 drive from Jaipur on the Mumbai-Delhi Highway.

4.By 2025, Jaipur is expected to expand into a mega city, with a population of around 10 million across an area of 800 sq. km. This will further boost the demand for housing in the city.

5.Jaipur is an emerging IT/ITES destination, with major IT companies like Genpact and Infosys already having set up a base in the city. A joint venture by Mahindra & Mahindra and RIICO will be set up in a Special Economic Zone (SEZ) in the city, on approximately 750 acres of land.

6.Jaipur is the largest centre for the export of coloured gemstones, sterling silver jewellery, handicrafts, carpets, apparel, traditional footwear, marble & stone artifacts, and engineering goods. These industries keep Jaipur’s economy going strong.

7.Jaipur is known for its excellent civic amenities, from schools and hospitals, to shopping malls and luxury hotels, the city is equipped with ultra-modern infrastructure. It is also a fast emerging healthcare destination, with Medicity of Reliance Group in the pipeline.

8.Jaipur is the hub of domestic and foreign tourism. It is seen that almost 80% of foreign tourists coming to India make a visit to Rajasthan via Jaipur.

9.The law and order situation as well as the governance in Jaipur is one of the best in the country, making it a safe and secure place to live in.

10.While the cost of establishment and living is fairly low, Jaipur is expected to grow significantly in the next couple of years (with investments amount to a whopping sum of $2 billion).

Looking to invest in residential property in Jaipur? Explore premium residential plots in Jaipur at Jaipur Greens, a residential project by Emaar India.

3 Benefits of Investing in Lucknow Real Estate

What was once counted among Tier-II cities in India, has grown by leaps and bounds in recent years. Lucknow, the city of Nawabs, is no longer just the epicenter of heritage and the foodies’ den; in fact, it’s now witnessing massive IT and infrastructural developments. Needless to say, now makes for the perfect time to invest in its real estate, owing to the master plan that’s all set to give it an image overhaul. Let’s dig deeper into what makes Lucknow an irresistible investment hotspot:


#1: Master Plan 2021

Master-Plan-2021 With an aim to bring about 197 neighboring villages into the fold of the overhaul plan, the Town and Country Planning division is all set to meet the housing demand and convenience facilities to the increasing population. It is estimated that by 2031, the needs of about 65 lakh residents will be met in the form of commercial avenues and residential projects in Lucknow. This makes for the ideal time to invest in a property in the city, and reap compelling ROI in the near future.


#2: Commercial developments

Commercial-developments

Areas like Faizabad Road, Raebareli Road, and Sultanpur are some of the many locations that are set to be given a makeover as the new commercial districts in the city. This, in turn, will push prices and values of properties and make way for newer residential developments. What’s more, Lucknow also takes pride in its emergence as a prominent medical hub with multi-specialty hospitals like Medanta and Narayana Hrudalaya Aarogyam located in proximity to Gomti Nagar, a prime business district.


#3: 105-km Outer Ring Road

105-km-Outer-Ring-Road

It is thanks to the growing needs of dwellers that the government recently decided to answer to their commuting woes in the form of a 105-km outer ring road. The project, set to complete before 2021, will cover a whopping 65 fringe villages, and streamline the traffic in the already burgeoning