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

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

Resources

13 Jan 2026

Investor Home Solutions Hosts Landmark Branded Residences Meet

India’s luxury property market marked a significant milestone as Investor Home Solutions (IHS) brought together over 2,000 all-industry high-net-worth investors under one roof at Yashobhoomi, New Delhi. Held on 10 January, the invite-only meet focused exclusively on the emerging branded residences segment, underscoring its growing relevance within India’s ultra-luxury real estate landscape.The meet moved away from conventional property showcases and instead centred on investment-led discussions, market insights and long-term value creation in globally inspired luxury residences. It highlig..

Infrastructure Urban

13 Jan 2026

CAQM Orders Closure of 16 NCR Industrial Units

The Commission for Air Quality Management (CAQM) recently directed the closure of 16 industrial units across the National Capital Region after inspections revealed gross and persistent violations of environmental norms. The action is part of CAQM’s intensified enforcement drive to curb air pollution and ensure strict compliance with statutory directions. Of the affected units, one is located in Uttar Pradesh (NCR), one in Rajasthan (NCR), while the remaining 14 operate in Haryana’s Sonipat district. The inspections identified serious lapses, including operation without mandatory Consent t..

Real Estate

13 Jan 2026

ANAROCK Launches Project Management And Engineering Arm

ANAROCK has announced the strategic launch of its Project Management & Engineering Services (PMES) vertical, marking a major expansion of its real estate capabilities. The move positions the company as a comprehensive, one-stop solutions provider offering seamless project delivery from concept to completion. The PMES vertical has commenced operations with more than 500 professionals and 42 active client contracts. It is expected to generate over Rs 1.25 billion in revenue in FY 2026–27, contributing significantly to ANAROCK’s group-wide revenue target of Rs 11 billion. The company has out..