Effect of Distributed computing and VR Innovation on the Real Estate Industry

Computer-generated reality innovation is set to arise as a useful asset in auctioning property improvements off-the-plan. Begin VR is glad to have turned into the main organization to offer a completely vivid, head-mounted, computer-generated simulation experience for the Australian real estate industry.


Virtual reality technology is set to emerge as a powerful tool in selling property developments off-the-plan. Start VR is proud to have become the first company to offer a fully immersive, head-mounted, virtual reality experience for the Australian real estate industry. Start VR has developed EDGE 28, a dedicated VR App to be used with virtual reality technology as part of the sales launch for a Sydney apartment development allowing prospective buyers to experience the space even before construction has started.

This represents a leap forward for the real estate industry which has previously offered 360-degree interactive video tours, sometimes billed as virtual reality, but never a fully immersive, photo-realistic experience available across Samsung Gear VR and Google Cardboard HMDs. The industry is warmly welcoming VR tools very rapidly, there are a few property portals that are already facilitating VR, it would take a few years and virtual reality would be the most important tool for customers.

Real estate is a hard game, managing buyers and vendors, organizing marketing, and running open homes. When running a negotiation, the difference between a good deal and a great deal can be as little as sending the right email at the right time. Cloud computing is helping professionals work, on the road, in the office, café, or at home, cloud computing makes sure your documents, emails, and applications are always available.

Even for certain products and materials the negotiation and bidding are being done online with transparency for all the participants which leads to healthy competition and results in better deals. Now in the real estate industry, cloud computing is not very popular but once we start adapting, it would be as easy as using It is getting more and more difficult to keep up with the ever-increasing expectations of consumers, no matter what the product or service it is.

In today's on-demand real estate market, agents, and developers receive inquiries from prospective buyers by phone, email, or text messages. Buyers are often looking for more information about a certain property or would like to set up a visit. Today Indian real estate market is fully armed with tools of instant gratification, property portals like Magic bricks, 99 acres, Housing.com, and even google are playing a fabulous role in providing instant product knowledge to property portals like Quirk homes & Common floor which provide one-stop solution through latest software’s like 360-degree view and virtual tour that is not limited at internal views but providing locality knowledge as well.

In India, real estate is the second-largest employer after agriculture and is slated to grow by 30 percent over the next decade. The Indian real estate market has become one of the most preferred destinations in the Asia Pacific, as overseas funds accounted for more than 50 percent of all investment activity in India in 2014. If we are talking about the market trends and buyers' behavior of the current scenario, will find a dramatic shift in the demand curve from affordable to luxury, from manual to automation, present buyers are more fitness conscious and prefer the loaded properties which have all the amenities including sports and fitness facilities.

Senior Citizen homes with all the medical facilities are also currently creating a buzz in the market. Buyers are also shifting their focus to hi-tech/smart facilities and resort living with high-end concierge services with business center provisions with condominiums. The Indian real estate market is expected to touch 180 billion USD by 2020. Retail, hospitality, service apartments, and facilities like on-call chauffeurs are also growing significantly, providing the much-needed infrastructure for India's growing needs.



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