Even as properties in Pune continue to shine with regards to the quality of the materials used as well as the aesthetics of the buildings, there may be one further need which if fulfilled by a real estate developer in Pune may catapult it farther ahead of the competition and perhaps gain national recognition
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Future of Smart Homes
Among Properties in Pune
Even as properties in Pune continue to shine with regards to the quality of the materials used as well as the aesthetics of the buildings, there may be one further need which if fulfilled by a real estatedeveloper in Pune may catapult it farther ahead of the competition and perhaps gain national recognition. Smart homes are likely to become a part of our culture sooner than later and perhaps with greater speed than many of us realize. Already the popular concept of “the internet of things” is taking hold in the developed world and is likely to invade our shores almost certainly within the next 5 years. Such concepts are not fantasy but have materialized themselves into the realm of the real and tangible. The further dissipation of such trends is likely to make developers do a rethink when they construct luxury flats or even affordable 2 BHK flats in Pune.
The need to be digitally connected across many if not all platforms is today essential to anyone living a modern lifestyle where time is of the essence and more information leads to greater wealth. However, to build such smart homes or flats in Pune is likely to require a rethink in the kinds of homes to be constructed. Smart homes were the term “internet of things” is ubiquitous needs a significantly realigned budget that takes into account high speed internet and greater connectivity within appliances at home, with each other, as well as with the owner of the home wherever they may be. If some such new projects in Pune materialize then it could be game changer for the city and likely to make it a contender for the position of top IT destination in India, a status at which it has recently been faltering.
According to some experts flats in Pune which have the entire necessary infrastructure to be considered smart homes and to remain relevant in this respect well into the future may cost an additional 35% percent more than properties which are not thus enabled. Such a cost is very high when considering that most of the properties in Pune are sold to middle income or upper middle class homes, in the case of luxury apartments in Pune many such smart homes may be easily sold, however for a homebuyer interested in a 1 crore rupee home an additional cost of 35% is likely to seem a frivolous expense and one out of reach of most who purchase homes in this particular segment.
Over time however the need and drive for such homes is likely to accelerate, in addition, an additional expense of 35% to convert a staid traditional property into one that is IT enabled may be considered a price worth paying. To those who balk at the idea of such expensive properties in Pune it may be stated that even an additional expense of 5% is viable to convert a traditional development into a futuristic smart home that is capable of greeting the fiber optically connected future before it arrives. Currently flats for sale in Pune are less geared to embrace such a future, however like the internet explosion nearly two decades, the explosion of the ‘internet of things’ is too likely to catch many off guard and those who are geared in their consciousness of such a change stand to gain immensely.