New Delhi, June 13, 2016: Virtual Reality (VR) Tech Company SmartVizX has created a first of its kind VR based project visualization for Developer Group’s (India’s first Japanese funded and promoted real estate company) latest Westwind Project in Chennai. The project which comprises of 560 2BHK homes spread over nearly 7 acres on the Chennai – Bengaluru Highway (NH4), will be presented through the use of one of the newest and most exciting technologies on the block – Virtual Reality. The solution developed by SmartVizX will allow potential customers a complete virtual tour of the property without any need for actual visits. The successful implementation of VR led visualization on a project of this scale will pave the way for real estate players to shift from the largely obsolete, passive and static visualization methods, that currently exist, to highly interactive and immersive solutions for customers to experience and, engage with their potential purchases.
Speaking about the project, Mr. Gautam Tewari, CEO and Founder, SmartVizX said, “We are very happy to announce the cross platform visualization solutions created for the Developer Group’s Westwind project in Chennai. Our solutions have been designed keeping in mind that the technology used to sell properties needs a paradigm shift. Present tools and techniques do not support informed decision making. Our VR solutions empower prospective home owners by providing high levels of interactivity and customization therefore, allowing buyers to thoroughly tour and, test the property for its merits before finalizing the decision to buy.”
Mr. Ankur Maheshwari, Senior Vice President, Developer Group India Pvt. Ltd said,” When we first met the SmartVizX Team; our directive to them was clear. Can we do something that no one has done before? Today our decision to partner with them stands vindicated as what they have delivered for us is showing excellent results. Not only have we created one-of-a-kind exceptionally high quality engaging experience, we have done so with spectacularly life like details.
Our Customers can take a virtual 360-degree tour of the project and, have an experience of both the interiors and exteriors of the project in a totally immersive form, saving a lot of time in their decision making. We are happy to be the first to provide such an experience to our customers in the country.”
SmartVizX is pioneering the application of VR for the AEC (Architecture, Engineering & Construction) industry in India and overseas too. The company uses a combination of architectural and game development based talent to create virtual representations of real estate projects through its proprietary, in house VR products. SmartVizX has been recently funded with over half a million dollars ($500,000) from Indian Angel Network (IAN), and Stanford Angels and, Entrepreneurs India (SA&E India). The company aims to evolve into a leading VR company providing solutions across multiple sectors in addition to the AEC space. The core philosophy of the organization is to use VR technology to help businesses connect better with customers through greater information and transparency thus improving buyer sentiment as a whole.
As per Goldman Sachs Investment Research, VR in Real Estate alone is expected to reach a global industry valuation of 2.6 billion dollars by 2025. Other sectors expected to profit from VR technologies include healthcare, engineering, education, military, live events etc. VR as a domain is touted to become a technology worth $80 billion by 2025 across various sectors.
About SmartVizX: SmartVizX disrupts traditional passive and, static design visualization methodologies by developing Virtual Reality (VR) solutions that are immersive, interactive and engaging. The company combines design visualization with game technologies to create cross-platform tools that enable users to immerse themselves in the environment they are engaging with. SmartVizX VR solutions helps buyers buy better, sellers sell better & businesses conduct business better. The company was founded in February 2015 by Gautam Tewari and Tithi Tewari, both senior architects with a collective industry experience of over 30 years between themselves. Key clients of SmartVizX include DASNAC, Developer Group, Rockworth, NIIT, The Quint, Interglobe Aviation, Express Avenue and Express Group.
For more information, please click: http://www.smartvizx.com
About Developer Group: Developer Group is a young and, dynamic Singapore headquartered Japanese investors’ promoted real estate company with its platform in India, Singapore, UK and Japan. Developer Group’s focused business domain is development of townships, multifamily homes, integrated industrial cities, and also renovation of residential projects.
For more information, please click: http://www.developergroup.com