PropVR, the 3D visualization arm of Square Yards, has recently announced its partnership with Unreal Engine, the world’s most advanced real-time 3D tool developed by Epic Games. This collaboration aims to develop Digital Twin and Interactive 3D solutions specifically for the real estate industry, opening up new possibilities for immersive digital experiences and shaping the future of home building and real estate sales.
Being named as an authorized partner for Unreal Engine, PropVR is working closely with experts in Unreal Engine to deepen its understanding of interactive 3D technologies. This partnership allows PropVR to further its digital twin roadmap and build solutions for the largest global developers in the real estate industry. By leveraging the capabilities of Unreal Engine, PropVR is creating high-fidelity 3D environments that transform how consumers interact and transact in the real estate market, ultimately disrupting the traditional way the real estate ecosystem operates.
Vivek Agarwal, Co-founder and CTO of Square Yards, expressed his enthusiasm about the collaboration: “We are thrilled to partner with the Unreal Engine team to create the next generation of 3D solutions and digital twins for the real estate industry. Unreal Engine’s graphical prowess is unmatched and will help us augment the future of real estate search and discovery experience through high-end 3D digital twins of entire cities. With Unreal Engine, we can accelerate our vision to build real estate in the metaverse and, at the same time, understand the appetite for virtual real estate experience amongst customers and make them more accessible and inclusive.”
Sunder Jagannathan, Co-founder of PropVR, also emphasized the significance of becoming an authorized partner for Unreal Engine: “We couldn’t be more excited to be recognized as an authorized partner for Unreal Engine. The combination of Unreal Engine’s creative power, flexibility, and rendering quality, and PropVR’s patent-backed real estate visualization and 3D applications creates the perfect harmony for achieving deeper, richer VR and 3D innovations, and lays the foundations for the future of real estate on the Metaverse. PropVR has always focused on innovation and quality, and to join the ranks of Unreal Engine is a natural step in that direction.”
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As part of this partnership, PropVR and the Unreal Engine team are collaborating to co-create city digital twins, immersive real estate architectural visualizations, and other technological products for interior décor. PropVR recently launched a 3D Metaverse platform in Dubai, showcasing the future of real estate search and discovery through a high-end digital twin of the city. Users can explore over 2000+ real estate projects through an interactive 3D interface, access complete details of the project, and even enter into the project metaverse as an Avatar. Apart from their operations in Dubai, PropVR’s current portfolio includes Grade A developers from Canada, Saudi Arabia, and India.
To highlight the cutting-edge trends in 3D visualization and digital twins, PropVR and the Unreal Engine team will organize roadshows and events. The first of these events is scheduled to take place in Bangalore on August 9th. The event will feature leading real estate developers, technology corporations, and proptech startups eager to discover the latest advancements in the industry.
The partnership between PropVR and Unreal Engine marks an important milestone in the real estate industry, as it introduces advanced 3D solutions and digital twins that have the potential to revolutionize how real estate is experienced, bought, and sold. By combining their respective expertise, PropVR and Unreal Engine are set to reshape the future of the industry by providing immersive and interactive experiences that cater to the evolving needs of consumers.
