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For Homeowners

Smart Home for Rental Properties — ROI Guide for Indian Landlords

Feb 2026 11 min

The premium is real

Across the 200+ rental units we've smart-home-fitted in Hyderabad and Bengaluru between 2022–2025, the average rent premium landlords achieved was 14–22% on the post-retrofit asking rent — with a 28% faster lease close.

What renters actually pay for

In order of paid willingness-to-pay: smart locks with mobile key sharing, AC remote control + scheduling, curtain automation in the master bedroom, smart geyser, smart locks at the gate (for societies). Wallpaper-led lighting scenes barely move the needle for renters.

The Retro Module sweet spot

₹1.2–2.8 lakh per apartment, fully reversible, zero civil work, fully recoverable (you can take the modules with you to your next property). Most Hyderabad landlords break even on the retrofit within 13–19 months from the rent premium alone.

What NOT to install in rentals

Skip: integrated home theatre (you'll never recover this on rent), wired KNX (locks you in), high-end Dynamic Series panels (overspec for the renter price band). Stick to retrofit-grade.

The Airbnb / serviced apartment angle

Smart locks with time-limited mobile keys mean you can run a serviced apartment in another city, hand keys to housekeeping and guests via WhatsApp, and never visit. Average serviced-apartment premium for fully-smart units in 2025 was 31%.

Tax & accounting note

Smart-home retrofits are typically depreciable as Plant & Machinery (15% WDV) for landlords filing under business income. Speak to your CA — but most clients fully expense the retrofit in 3–5 years.

GenieX Rental Programme

Volume-discounted Retro Module bundles for landlords with 3+ units. Centralised admin app to manage all properties. Same-week tenant support across South India. Get in touch for a portfolio audit.

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