]Smart Cities and Real Estate: The Intersection of Technology and Urban Planning
Introduction As urban populations continue to grow, the concept of smart cities is gaining traction worldwide. Smart cities leverage technology to enhance the quality of life for residents, improve urban infrastructure, and promote sustainable development. The intersection of smart city initiatives and real estate is reshaping how urban spaces are designed, developed, and managed. This article explores the key elements of smart cities, their implications for real estate, and the transformative potential of technology in urban planning. The integration of advanced technologies, such as the Internet of Things (IoT), big data, and artificial intelligence (AI), allows cities to become more efficient, resilient, and responsive to the needs of their inhabitants. Understanding how these technologies influence real estate development is essential for stakeholders aiming to navigate the evolving urban landscape. Defining Smart Cities Smart cities are characterized by t