Schneider Electric, the leader in the digital transformation of energy management and automation, and Smartworld Developers Pvt. Ltd., a new age real estate developer headquartered in Gurugram, today announce the signing of a Memorandum of Understanding (MoU) for driving 360-degree home automation in the latter’s upcoming projects.
Through this collaboration, Smartworld Developers will build positive impact homes with lower waste and healthier interiors by incorporating smart product lines from Schneider Electric, which includes Wiser Smart Homes, Modular Switches, etc.
In line with its core value of delivering smart homes, Smartworld Developer will leverage a wide range of products and solutions by Schneider Electric to provide state-of-the-art technology to its customers.
Schneider Electric would complement the supply and service of products and solutions with a quarterly training and upskilling program for the staff of Smartworld Developers.
Yifu Qi, Executive Vice President, of the Home & Distribution Division, at Schneider Electric, said :
Mr. Srinivas Shanbhogue, Vice President, Home, and Distribution, at Schneider Electric India Said :
Vivek Singhal, CEO of Smartworld Developers, Said :
Incorporated in 2021, Smartworld Developers is a professionally driven real estate company that is acclaimed for implementing corporate governance at all levels.
The company disrupt the real estate market of Delhi NCR with its inaugural projects that offer low-rise floors with high-rise amenities- Smartworld Orchard and Smartworld GEMS are locate at premium locations in Gurugram.
With 4,000 happy customers, Smartworld Developers have record sales in excess of INR 4,000 crores, has Rs.25000 crores worth of projects and over 2.5 Cr Sq ft development potential in the next 5 years.
Smartworld Developers recently announce that it has secure INR 250 crore of investment from Motilal Oswal.
The funds will be use as growth capital for Smartworld Developers.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all.
We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure, and industries.
As we are the most local of global companies.
We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive, and Empowered values.
About Smartworld Developers Pvt Ltd
Smart World Developers has been envisioned as a company that will develop path-breaking real estate projects across India.
Backed by repute organisations and financial robust founders, Smartworld Developers envisages transforming the real estate scenario and setting benchmarks through its vision of bringing world-class real estate assets to India, utilizing the most advance and smart technologies to set new benchmarks in construction, operations, customer service, unmatch delivery schedules, and friendly customer-price points.
The company has amalgamated some of the revered names in the real estate industry
With 4000 customers, and Rs. 4000 cr Sales in, Smartworld in its first year has 2 sold out projects- Smartworld Orchard at Sector 61, near Golf Course Road Extn, and Smartworld Gems at Sector 89, New Gurugram
The company has a robust network of over 7,000 partners across the country, giving the company an edge in reach and depth.
Smartworld Developers will initially focus on the NCR market with ergonomically design homes and spaces for the millennial nuclear families – to live, work and play the ‘smart’ way.
It is also eyeing expansion in key real estates markets such as Noida, Mumbai MMR, Pune, Bengaluru, Goa, and Hyderabad in the near future.