Gopalan Enterprises to Launch AI-Powered Smart Homes with ₹500 Crore Investment
Gopalan Enterprises, Bengaluru-based real estate developer, is set to introduce AI-powered smart homes as part of its expansion into the technology-driven housing segment. The company plans to build 3,000 units by 2025 with an investment of ₹500 crore, responding to the increasing demand for automated homes. These units will be priced between ₹1.5-2 crore and will incorporate AI-driven appliances and flexible furniture solutions.
Gopalan Enterprises will develop two smart home projects in Whitefield’s eastern IT corridor and two in Rajarajeshwari Nagar in South Bengaluru. These projects will feature over 30 floors, offering a mix of 2BHK and 3BHK apartments. The 2BHK units will be priced at approximately ₹1 crore, while 3BHK units, ranging from 1,800 to 2,500 square feet, will start at ₹1.5 crore.
The AI-powered homes will cover a total built-up area of 1 million square feet. The integration of AI will allow homeowners to manage lighting, security, and appliances remotely using mobile applications. These homes will also include space-efficient furniture designs inspired by Japanese architecture, incorporating foldable and multifunctional elements to enhance adaptability.
The real estate market has witnessed a sharp rise in demand for smart homes, driven by advancements in AI and home automation technologies. According to Gopalan Enterprises’ Managing Director, C. Prabhakar, the company has observed a nearly 70% increase in customer inquiries related to AI-backed housing solutions over the past two years.
Smart homes appeal particularly to millennial and Gen Z buyers who seek efficiency and control over their living spaces. Automated home management systems enable users to monitor energy consumption and optimize resource usage, aligning with the broader trend of technology integration in daily living.
In addition to its Bengaluru projects, Gopalan Enterprises plans to expand its residential segment to Mysuru later in 2025. The Mysuru project will offer units priced between ₹70 lakh and ₹1 crore, marking the company’s first foray outside Bengaluru in the residential sector.
This move aligns with the growing real estate demand in Tier-2 cities, where urbanization and infrastructure improvements have created opportunities for developers to introduce premium housing options.
Gopalan Enterprises has completed approximately 20 million square feet of residential development in Bengaluru and is now expanding its commercial portfolio. The company is set to launch a 1.5 million square feet office space park in the city to cater to the increasing demand for premium office spaces.
In addition, the company plans to deliver another 1.5 million square feet of office space in 2025. A similar area has already been completed and leased out. The office space park, located along Bengaluru’s Outer Ring Road, will focus on providing Grade A office spaces designed for operational efficiency.
The demand for Grade A office spaces in Bengaluru has been rising, driven by IT companies consolidating their operations. Rental rates for these office spaces remain significantly lower compared to cities like Mumbai, making Bengaluru an attractive location for businesses seeking cost-effective real estate solutions.
With ongoing developments in Whitefield and Electronic City, the company expects rental rates for premium office spaces to increase in the coming year. Gopalan Enterprises’ investment in commercial projects aligns with these market trends, positioning it to capitalize on the rising demand for high-quality office infrastructure.
Gopalan Enterprises’ investment in AI-powered smart homes reflects the evolving preferences of modern homebuyers, who prioritize automation and energy efficiency. With the growing prevalence of AI-driven living spaces, the company remains focused on leading this transformation, catering to the changing needs of urban residents and businesses.
Image source- gopalanschool.com