"Thirty per cent of the stalls at this security fair, which was thronged by real estate developers and individual end users, featured security and home automation devices," IFSEC India-2008 Project coordinator Anindiya Sarangi said.
The latest trend in the residential sector is surely driven by incidents, Sarangi said.
"The residential architecture was already built in such a way that it had minimum entry and exit points but with heightened security considerations we are now focussing on designs that facilitate installation of security gadgets at these places," Dubai based Indian architect Santa Datta said. Reflecting the real estate developers and individual users concern for the safety of their homes and apartments, Moyyed Satehi, a Mumbai based architect, said, "The real estate development in the metro and two-tier cities is driving this trend.
"Customers are now increasingly placing demands for designs of fool-proof security residences and homes." The Indian real estate market is a mix of both vertical (high rise apartments) and horizontal (single/independent villas and luxury apartments) along with mid-market and township communities, although growth in the realty segment is seen slowing lately in the face of the credit slowdown due to the global financial crisis.
(THROUGH ASIA PULSE)
21-10 2008
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