Smart homes: what you need to know before investing

Once used as a futuristic term, “smart homes” are now widely used in the Indian real estate market. A number of residential projects now offer a lot of amenities that allow you to control all devices with a single remote, set timers for water geysers using smart plugs, and regulate lighting at home. using your smartphone application. However, due to the limited availability of information and lack of knowledge, buyers and investors are often misled when it comes to smart homes and home automation. Homebuyers need to understand what factors make their home a smart home and whether it’s okay to pay a premium for things they can and can’t use.
What is a smart home?
A smart home is a home with devices connected to the Internet to enable remote management and monitoring of devices and systems such as lighting, heating, etc. Smart homes are often referred to as home automation and give homeowners a sense of security, comfort, energy efficiency and convenience by giving them access to control the smart devices installed in their home through a smart home app or the like. network devices. Typically, smart home automation systems that are part of the Internet of Things (IoT) share usage data among consumers to collaborate and automate actions based on owner preferences.
How does smart home automation work?
A smart home is connected devices. The devices are connected to the Wi-Fi network, which makes it easier to control them. Software is activated on all these devices which records user preferences and tracks habits. For example, a speaker that records the music you love, a smart mattress that adapts to your back, or smart mirrors can alert you to health issues and sensors in the toilet that scan waste to check for problems. potential health before flushing.
Some of the common devices that use home automation include lighting, home security, home theater, and entertainment and thermostat controls.
The future of smart home automation in India
According to Statista, the Indian smart home market is expected to reach $ 6 billion by 2022. Globally, this figure is expected to reach $ 53.4 billion by 2022. To take advantage of this demand, several manufacturers devices have launched their line of smart devices in the Indian market. For example, Panasonic launched a line of smart devices for the Indian market in February. However, the coronavirus pandemic is likely to slow the growth of this market.
Smart home automation features in India
If you are planning to invest in smart home projects, here are some of the amenities to look forward to in your digital home:
Showers, geysers, and smart switches in bathrooms and toilets that can be used to examine urine and stool samples to monitor user’s health.
Rooms with smart air conditioners, curtains, outlets, ceiling fans and smart lockers, etc. Here, the air conditioner and fan can work in sync to maintain the ideal temperature for comfortable sleep.
Smart rooftop sensors for overhead tanks that can send updates on water levels etc.
Kitchens equipped with smart refrigerators, washing machines, toasters, soap dispensers, smoke detectors, etc. Exhaust systems can start to detect fumes in the kitchen.
Front door with a camera connected to the Internet that rings the doorbell on a smartphone or a video screen to show who is at the door.
Living room with smart TVs, tube lights, lamps, air purifiers and speakers with IoT sensors that can be turned on and off with voice commands or sensors that react to the presence of people.

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