Smartlocks at Nestaway homes, is this the future?

NestAway Technologies, a Home Rental solutions startup based out of Bangalore has introduced SmartLocks in their properties. NestAway is a one-stop solution for urban migrants trying to find a rental home. With NestAway’s seamless process, over 25000 tenants have been connected with over 7000 owners. NestAway’s network is growing everyday and now they are present across 8 cities.

Nestaway has decided to introduce Smart-lock solutions across the properties which they manage. A smart-lock is basically an electronic lock that serves as an alternative connected security system, replacing the traditional lock and key. With a Smart-lock, tenants can lock or unlock their homes remotely using their mobile. Nestaway also manages internet at all their homes. So ideally the Smart-lock is connected to the internet. It is an IoT solution that is connected to the Internet.

But it can also work without Internet. The app in the mobile can unlock the lock via Bluetooth. Alternatively, the lock can also be unlocked with a combination code. The code can be generated via OTP from the registered mobile number (RMN). A physical key is also available in some models. The lock is secured with 256-bit encryption for fool-proof security.

The solution will not only be of convenience to the tenants, but also for visiting NestAway representatives for home maintenance or tour visits with potential tenants.  In the future, NestAway plans to introduce NFC enabled locking systems. These lock can be unlocked by just tapping a registered mobile on the lock. With such futuristic solutions, NestAway is all set to create a revolution in the e-real estate market.

To know more about Nestaway, check out our Interview with Co-Founder Deepak Dhar.