Square Yards Builds a Stronghold of Intellectual Property with 18 International Patents in XR, AI, and Real Estate Data Intelligence

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(*18*)New Delhi, eleventh September 2023: Square Yards, one of the fastest-growing proptech platforms globally right now introduced that it has efficiently filed 18 worldwide patents in India and USA in the areas of Virtual Reality (VR), Augmented Reality (AR), Extended Reality (XR), Artificial Intelligence (AI), and Data Applications in Real Estate. These patents are filed for the tech developed by PropVR, Square Yards’ expertise arm that specializes in creating immersive digital twins utilizing 3D applied sciences, Virtual actuality, and Augmented actuality.

Among the patents filed, three have already been granted, affirming Square Yards’ standing as an business chief in pioneering technological developments and innovation inside the international actual property sector. The patents granted are in the sector of interactive 3d experiences for actual property; distant collaboration for patrons to expertise properties; and agent rating algorithms. The core of the IP is round constructing next-gen applied sciences in actual property utilizing AI and XR.

“By integrating AR, VR, XR, AI, and Data Applications into the true property business, we’re pushing the boundaries of what’s attainable. We have at all times been an early adopter in the use of breakthrough applied sciences to reinforce the true property expertise and look ahead to creating unparalleled alternatives for customers. These patents are a testomony to our dedication to innovate, disrupt, and lead the digital transformation inside the international actual property business,” (*18*)stated Tanuj Shori, Founder and CEO, of Square Yards.

The patents cowl a vary of breakthrough improvements revolving round creating immersive and collaborative digital experiences of buildings, based mostly on follower state information, consumer desire information, and response information; Another sequence of patents facilitate actual property asset evaluation by figuring out the livableness, worthiness, and future worth of actual property belongings, alongside accessibility to industrial and private amenities, delivering better transparency and effectivity in the actual property sector. Apart from that, there are different patents that concentrate on facilitating agent rating, bettering gross sales processes, and optimizing actual property listings. These programs will empower professionals with data-driven instruments to raise their gross sales and advertising and marketing methods.

With these path-breaking patents,  Square Yards’ imaginative and prescient to make homebuying simpler, environment friendly, safe and futuristic is changing into a actuality, and it can proceed to redefine the actual property panorama for the profit of customers and professionals alike.

Mansi Praharaj

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