Square Yards, India’s largest real estate marketplace, announced the launch of its real estate metaverse. The real estate metaverse is a fully immersive and interactive environment, allowing users to explore the real estate on a digital twin of cities, visualize the neighborhoods in a 3D environment, and walk in as an avatar interacting with a collaborative marketplace.
Square Yards has secured many global patents on immersive, virtual, and collaborative experiences in real estate. The company is working with international real estate developers to bring their project twins onto its metaverse currently.
Square Yards arranged the metaverse launch event in Mumbai, which consisted of more than 150 attendees, like founders and CXOs of real estate developers and private equity investment professionals. The organization also hosted a panel discussion on ‘Metaverse and Digital Revolution of Real-Estate’ by Manisha Natarajan, the anchor and consulting editor at NDTV. The launch event featured demos of the Square Yards metaverse, showcasing its features and capabilities.
Founder and CEO of Square Yards, Tanuj Shori, stated that the company is very excited about the potential of the metaverse. He believes that Square Yards’ interactive digital twins of the cities will transform how consumers interact. The company has stepped into global markets like Dubai, Neom, and Canada in a short time with its patented digital twin tech.