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Technology adding wings to Smart Homes

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Home Vastu, interior vastu shastra, home interiors vastu, Delhi NCR real estate, Bangalore Real Estate, JLLM, Jones Lang LaSalle Meghraj, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, KP Singh, DLF, Unitech, Emaar MGF, ndtv.com, ndtv, aajtak, zee news, india news, property news, real estate news, 99acres.com, 99 acres, indianrealtynews.com, indianrealestateforum.com, Indiabulls real estate, BSE, Bombay Stock Exchange, Mumbai Real Estate, India PropertyTrack2Realty Exclusive: Smart homes in India are coming up with a plethora of new technologies and have begun to find their ways into homes not owned by the richest exclusively. Technology vendors and real-estate players from different domains have started developing solutions capable of being easily integrated into home-environments. IP based technologies are making substantial strides in the area of ‘smart-home’.

“Smart homes may come at a marginal premium due to the functional technology features bundled in. Owing to a busy lifestyle, the new-age customer demands the latest in technology including security products, home automation products, mood-lighting and scenario products that can be controlled by a mobile phone or computer within the premises of the house or through remote access,” says Anjum Jung, Managing Partner, Morph Design Company.

Indrajit Kembhavi, Kembhavi Architecture foundation adds, “Trends include automated openings of gates, doors, etc through biometrics, retina sensors, video walls, and controlled shading devices like blinds, skylights based on climatic/weather intensity, smarter communication and crisis systems.”

Home networking and monitoring systems are the newest additions to the smart home products.

“These manage the integrated network between systems such as lighting, air conditioning, phones, security, TV’s, audio-video systems and computers. They not only allow communication between systems, they also produce reports on levels of energy consumption. This lets the owner decide what they can cut back on and will provide them with a measure of how much energy they consume. There have been some appliance level additions also which include air conditioners that can be turned on remotely through cell phones,” says Shiela Sriprakash, Founder, Shilpa Architects.

Rainwater harvesting systems, sewage treatment plant and organic waste converters ensure that smart homes are also green homes. Smart features are necessarily eco-friendly as they help in optimizing use of energy and water through controlled shading monitoring and motion sensors intelligent air conditioners and controlled shading devices do help in reduction of air conditioning load.

Venkat Chalasani, CEO, Samskruti Builders a company that works exclusively on green homes explains sustainability is an important factor. The reduce, reuse and recycle mantra, low carbon footprint, using ecologically sensitive material, sustainable water infrastructure and solar hot water are important aspects. Likewise health is another focus area with organic fresh food, indoor air quality, live walls and integrated landscaped built-up to reduce air and sound pollution.

“A resilient infrastructure that adapts to failures and addresses future needs/situations as well as connectivity to schools and hospitals as well as access to work/public transport are aspects that are integral to our projects,” says Chalasani.

The design of Tata Housing’s Promont property in Bangalore represents a bold new concept for urban living. Exploiting the dramatic natural topography of the site, over 400 individual units are organised with terraced villa units climbing the slopes and stepping up to the crest of the hill where, along the ridgeline, four stepping, landscaped apartment towers will sit within a lushly planted park.

“With views out over the surrounding areas this park serves to organise the common outdoor recreational amenity spaces. The property is designed in such a way that every structure and living unit is allowed a generous amount of daylight and natural ventilation. The development will be LEED certified at the platinum level by the Indian Green Building Council,” says Brotin Banerjee, MD & CEO, Tata Housing.

Likewise home accessories might be inexpensive but not that useful in terms of utility.

“Kitchen accessories have become an important part of modern kitchens. Invention of several kitchen accessories is best example of this fact that we are now slaves of technology. For the past few years the concept of a green or eco friendly kitchen has been one that is energy-efficient,” says Pooja Kejriwal of Home Collective.

The cost may be a deterrent, especially in the absence of a holistic growth of urban India but increasingly developers and home buyers are understanding the advantages of witching to smart living. 

US Government hires consultant to sell its real estate properties in India

Posted on by Track2Realty

Home Vastu, interior vastu shastra, home interiors vastu, Delhi NCR real estate, Bangalore Real Estate, JLLM, Jones Lang LaSalle Meghraj, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, KP Singh, DLF, Unitech, Emaar MGF, ndtv.com, ndtv, aajtak, zee news, india news, property news, real estate news, 99acres.com, 99 acres, indianrealtynews.com, indianrealestateforum.com, Indiabulls real estate, BSE, Bombay Stock Exchange, Mumbai Real Estate, India PropertyThe US Government has hired property consultancy Knight Frank to assess the valuation and strategic review of all its real estate properties in India. The properties, which house embassies, consulates, offices, residences, schools and libraries at prime locations across Delhi, Mumbai, Hyderabad, Chennai and Kolkata, were acquired over the years and are estimated to be approximately worth thousands of crores.

Track2Realty has learnt that the strategic review and valuation is being done to understand the best use of all properties, including selling some of them. When contacted the US embassy did not respond and a Knight Frank spokesman said the firm did not comment on market speculation.

A couple of months ago, it was reported the US had sold Washington House, its residential building on Altamount Road in south Mumbai, to Lodha Group for Rs 375 crore. Lincoln House, which used to house the US Consulate general till last year, is also on the block, though legal issues are believed to have held up the sale of this property at Breach Candy, valued at over Rs 1,000 crore.

The US embassy has also in the past tried to sell a two-acre bungalow on Tilak Marg in New Delhi’s Lutyens Bungalow Zone to a private developer, but the foreign ministry refused to allow the sale as it felt the transaction price was much below market value of the property.

The real estate market, however, peg the current value of the bungalow on Tilak Marg in New Delhi at Rs 250-300 crore and say the US embassy is still interested in disposing of this property.

In addition to the heavily guarded embassy building in the diplomatic area, landmark properties in Delhi include the American Centre on Kasturba Gandhi Marg, the twoacre bungalow on Tilak Marg, the American School and a few apartments spread across south Delhi.

In Kolkata, the American Centre is located close to the posh Esplanade area while the consulate is on Ho Chi Minh Sarani in the city centre. In Chennai, the US government has a commercial property on the prime Anna Salai. In the past few years, some other governments have also sold properties owned by them in the country. In 2006, the Dutch Embassy sold a bungalow on Amrita Shergill Marg in Lutyens Bungalow Zone for Rs 137 crore to Sanjay Singhal, the Chairman of Bhushan Steel.