ONGOING TRENDS
Are Smart Homes the future of the real estate industry?
Smart Home industry growing globally by leaps and bounds over the years.
The real estate industry has undergone several metamorphic evolutions with rapid technological advancements. We are currently living in a generation where traditional homes are briskly getting transformed into smart homes, equipped with IoT technology. Such homes feature interconnected devices and offer ultimate comfort, convenience and security by enabling the users to remotely monitor and control every aspect of the house, ranging from lighting, temperature control, entertainment to security. “A smart home comprises various features and
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technologies that are interconnected by the Internet of Things (IoT). On the other hand, home automation is an enabler for a smart home. It is like having a manager for your interactive devices. The devices in such a home are ‘smart’, in the sense that they use microprocessors, sensors and software that run autonomously and are capable of performing multiple actions. In a smart home, all interconnected devices communicate with each other. It can communicate with you, irrespective of whether you are inside the house or outside”, says Aniruddh Bapat, Head-MEP, L&T Realty.