How Would Smart Technology Shape Real Estate Projects in Lucknow?

Real estate sector in India is going through recovery phase. Post demonetization, market analysts are expecting the property prices to fall, which will increase demand in the future. As a matter of fact, potential investments would take place to develop smart cities and push infrastructure growth. However, the dilemma is whether there will be growth of smart homes and buildings in the country and how we can shape this growth?

Today, realty companies in India are still using traditional methods of constructing real estate projects. But the scenario is somewhat different in overseas market where property developers are using innovative ways to construct homes and buildings, thus reducing considerable amount of time, energy and money. In international market, real estate companies assemble the portions of a structure at the manufacturing site or factory and then transport it to the construction site, known as prefabrication. Being a labor-intensive country, this practice is yet to make progress in India.

Nevertheless, it does not entail that there is no scope for new technologies and systems in the country. The central government’s ambitious plan to construct 100 Smart Cities is actually a bold step towards technology and innovation adoption. Trade pundits believe that advanced technologies have provided impetus to Indian real estate market, including Lucknow real estate, and by 2022 the entire sector will be impacted positively. Advanced technologies and innovative methods will assist in the timely completion of real estate projects in Lucknow, capital losses would be reduced and buyers will invest money in the market.

How Can Smart Technologies Impact the Construction of Housing Projects in Lucknow?

Property builders are embracing latest technologies and techniques in the construction of flats in Lucknow, which is increasing efficiency and output in a steady manner. Rainwater harvesting, smart parking options and solar lighting facilities are some of the technologies that are being incorporated by developers in residential projects in Lucknow. It must be noted that these facilities are facilitating convenience and making life easier for the people who are looking to invest money in residential property in Lucknow.

Quite a few upcoming housing projects in Lucknow have smart security and safety systems that alert residents during emergency and theft. Equipments such as smoke detectors, video door phones, 24X7 camera surveillance, LPG gas leak sensor, glass break sensor, to name a few, help to protect against unforeseen dangers. In order to save energy, some residential properties in Lucknow have integrated sensor-based lights. These smart electrical appliances make the house save significant amount of energy.

With proper implementation of smart technologies, homebuyers will be able to access smart solutions for different infrastructure issues and secure good returns on their investment, and not to forget, a clean green environment for all to live.

About the Author: Rajeev is sales and marketing consultant at Azea Botanica, an upcoming housing property in Lucknow being developed by Azeagaia Development Pvt. Ltd., promoted by Singapore-based firms through foreign direct investment. Azea Botanica offers luxurious 3 & 4 BHK apartments in Lucknow for sale at a prime location of Vrindavan Yojna. Rajeev has a hobby of writing articles, blogs and likes driving sports bikes and cars.

Rajeev is an avid writer and regularly writes articles and blogs on Lucknow real estate.