How Internet of Things (IoT) impacts real estate

01 Apr 2019 CW Staff

“IoT and data-driven decision-making technologies such as artificial intelligence are making buildings more intuitive and sustainable,” observes Thanik B, Director, Product Management, Digital Energy, Schneider Electric India.

While the market for IoT-enabled solutions for all types of housing is still at a nascent stage, Pramoud Rao, Managing Director, Zicom Electronic Security Systems, affirms that Zicom has evolved from being a product company to IoT-based security services, in keeping with his belief that “connected, intelligent homes will be the future norm”.

Zicom has introduced a host of IoT-based subscription monitoring services, which have considerably brought down the cost of security. For instance, ATM e-surveillance has reduced the cost of security from Rs 40,000 per month to just Rs 4,000. Zicom’s subscription-based security services cover ATMs, gold loan companies, commercial establishments, senior citizens, children, assets, etc.

Also, “technology advancements that have enabled security solutions to be deployed on the same broadband fibre network as Internet-based televisions and CCTV cameras have reduced the cost of deploying security products by 25-30 per cent,” says Pithawalla.

Solutions aside, materials that enhance security such as bullet glass and laminated glass are considerably cheaper than they used to be, observes Dikshu C Kukreja of C P Kukreja Associates. “By embracing the wide array of available security technologies, architects needn’t restrict their design,” he adds. “They must just ensure that they integrate technology in such a way that it doesn’t become an eyesore.”

For the best outcomes, Srikanth Srinivasan, President - Procurement, Puravankara suggests security technologies be customised to suit the needs of individual projects.

- CHARU BAHRI

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

A newer technology powering security in real estate is the Internet of Things (IoT), “the concept of putting any device that can have an address, on the Internet, to take commands from a remote location,” to quote Mehernosh Pithawalla, Vice-President and Global Head, Marketing, Sales & Innovation, Godrej Security Solutions. “IoT and data-driven decision-making technologies such as artificial intelligence are making buildings more intuitive and sustainable,” observes Thanik B, Director, Product Management, Digital Energy, Schneider Electric India. While the market for IoT-enabled solutions for all types of housing is still at a nascent stage, Pramoud Rao, Managing Director, Zicom Electronic Security Systems, affirms that Zicom has evolved from being a product company to IoT-based security services, in keeping with his belief that “connected, intelligent homes will be the future norm”. Zicom has introduced a host of IoT-based subscription monitoring services, which have considerably brought down the cost of security. For instance, ATM e-surveillance has reduced the cost of security from Rs 40,000 per month to just Rs 4,000. Zicom’s subscription-based security services cover ATMs, gold loan companies, commercial establishments, senior citizens, children, assets, etc. Also, “technology advancements that have enabled security solutions to be deployed on the same broadband fibre network as Internet-based televisions and CCTV cameras have reduced the cost of deploying security products by 25-30 per cent,” says Pithawalla. Solutions aside, materials that enhance security such as bullet glass and laminated glass are considerably cheaper than they used to be, observes Dikshu C Kukreja of C P Kukreja Associates. “By embracing the wide array of available security technologies, architects needn’t restrict their design,” he adds. “They must just ensure that they integrate technology in such a way that it doesn’t become an eyesore.” For the best outcomes, Srikanth Srinivasan, President - Procurement, Puravankara suggests security technologies be customised to suit the needs of individual projects. - CHARU BAHRI

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..