India’s Latest Real Estate Trend: The Evolution Of Smart Homes
Explore the world of high-tech & Evolution Of Smart Homes, sustainable living, from integrated townships to future smart homes. Indian homebuyers and investors of today seek out technologically advanced living environments that provide comfort, a specialised atmosphere, and a high quality of life. The growth of integrated townships, which provide smart homes that not only have a positive vibe but also portend well for the planet’s future, is a manifestation of this trend. With cutting-edge technologies like voice activated features, sensors, and much more, it is putting homeowners and real estate developers in a win-win position.
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India’s smart home market is expected to expand at a compound annual growth rate (CAGR) of 18.4% between 2020 and 2025, according to projections. However, according to a different study, India’s real GDP growth might increase by up to 1.4 percentage points a year as a result of artificial intelligence (AI). These are the results of a collaborative study conducted by Boston Consulting Group (BCG) and the Indian Institute of Management Ahmedabad (IIM-A). It goes on to say, “AI is expected to add Rs. 1.5 to 2.5 trillion in incremental pre-tax profit for the top 500 Indian companies alone over a five-year period.”
Our quality of life is gradually increasing as technology becomes more and more integrated into our daily routines. Smart homes have completely changed the residential market and are a significant advancement in the evolution of modern living. The following are some advantages of smart houses over conventional ones:
Great investment for the future
Smart homes offer value for money in addition to lower maintenance costs because technology and sustainability are important factors that enable investors and homebuyers to select the “right” smart home for their needs. With the rise in automation and Internet of things (IoT). Smart homes are a viable alternative for the future in an era of rapid technological transitions and changes.
Security at your fingertips
Travelling on a business trip or taking a holiday is less worrisome now that security cameras are always there. With just a few taps on their smartphones, homeowners can watch their properties via their tablets, smartphones, and other devices. In addition, it offers additional advantages for a more seamless & integrated quality of life, like remote temperature regulation.
Advanced security protocols
Setting up security cameras is merely one aspect of adding more security levels. Installing biometric and facial recognition technology is one of the most favoured and extensively used security measures. These technologies can be a blessing in preventing prospective thefts and burglaries as well as a deterrent to any unfavourable circumstance. Smart houses are unquestionably a better option than traditional homes. Which might only rely on camera presence, when outfitted with these features.
Green footprint
Smart houses are an excellent method of lowering carbon emissions in the real estate industry. As well as the carbon footprint of individual homeowners. A thirty percent reduction in energy use can be achieved by combining sensor lights or smart lighting with automatic climate management. Installing and using smart appliances and gadgets like solar panels and geysers, and using sustainable materials and eco-friendly design techniques.
These days, a growing number of customers are interest in practical features like voice-activate device connectivity instructions. Single-point home automation, motion-activated gadgets, and the development of touchless technology. As a result, smart homes are undoubtedly opening the door to more convenient and environmentally sustainable living.
Today’s homebuyers are well-off and have a taste for frugal living. New home automation products that could ease daily routines and alleviate a variety of issues are being introduce to the market every day. The smart home market in India becomes even more potential with the introduction of 5G.
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