Planet Smart City to develop smart affordable homes in Pune, India, in partnership with leading real estate group Kolte Patil Developers.
The announcement follows the recent launch of advisory services in India, as part of the group’s global expansion
The plan is to build around 1,000 affordable apartments over an area of 21,000 sqm in Life Republic township, Pune, enhanced with Planet’s technological expertise and social innovation programmes.
The smart affordable homes, to be developed within Kolte Patil’s Life Republic township project, will integrate modern functional design with environmental solutions and Internet of Things technology.
Residents will have access to a wide range of shared services, designed to improve quality of life and strengthen the community. These services will be powered by the free Planet App, through which residents can also control services in their smart homes, interact with the sharing economy and engage with each other to coordinate community activities. Work is expected to begin in Q3 2020.
It is the first real estate project in India by Planet Smart City following its recent expansion into the country through the launch of its smart advisory services. The move, announced at the World Urban Forum in Abu Dhabi, will see Planet work with third-party real estate developers and government agencies to provide its unique offer for integrating smart solutions into urban environments.
Giovanni Savio, Global CEO of Planet Smart City said, “We are delighted to launch.. a very innovative project, building the first smart development accessible for the aspirational housing market, in Pune. …we will integrate an array of services, offering superior quality for our residents. The relevance and the volumes of the Indian market are key for Planet Smart City’s mission. KPDL immediately understood our multi-disciplinary approach and our investment with them represents the best possible way to launch our real estate operations in India.”
The energy transition and renewable energy are hot topics disrupting the utility industry in India and will be a key focus at the POWERGEN INDIA and Indian Utility Week summit which takes place in New Delhi.
For more details visit powergen-india.com or indian-utility-week.com