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Smart buildings are gaining momentum across the globe. The concept of smart buildings is to deliver integrated lighting, improved comfort, greater security and better sanitation at the lowest cost. Advanced infrastructural facilities and better energy management and integrated communications solutions make smart buildings.
The infrastructure of the future will provide building owners more options to invest in energy-efficient upgrades. The technologies are all about the use of electronic systems to monitor the consumption of energy and control energy-consuming devices.
Smart technologies help intelligent residential, hospitality, commercial and industrial buildings to materialize. A smart building management system encompasses an array of technological features including energy management systems and building controls. They control, monitor and optimize most of the building services – lighting, air conditioning, heating, security, CCTV, fire alarm, access control, ventilation, filtration and climate control, and audio-visual and entertainment systems.
Smart technologies help building occupants and owners manage costs, with advantages that could show up in green home buildings in the near future. It is interesting to know that smart building trends are making their way to the residential building sector. The major advantages of smart building technologies, which attract investors, are the rapid return on investment, operating expense advantage, energy savings and improved corporate social responsibility (CSR) profile.
Smart building technologies deliver energy savings and other operational efficiencies. They also deliver reduced operational expenditures when it comes to upfront capital expenditure. These buildings can save energy of eight to 15 percent annually. Their ability to measure and report greenhouse gas emissions helps preserve the environment while also gaining significant performance and productivity improvements.
Apart from the money saved through energy conservation, smart technologies also deliver a comfortable temperature and level of humidity without a consequent increase in energy consumption. This provides a healthier living environment for residential consumers. However, the key to achieve a solid return on investment is to understand the needs of a particular building. It is the right time for planning intelligent buildings.
• Smart buildings make their way to the residential sector, attracting investors
• They help occupants manage costs and save energy, and provide rapid ROI
• They can measure greenhouse gas emissions, helping preserve the environment
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Source: Yash Shah, Special to Properties
The writer is Property Sales & Leasing Manager, SPF Realty