PNN
Hyderabad (Telangana) (India), October 12: Hyderabad-based PropTech startup Nearestate.in launches RealView360°, an immersive virtual real estate marketplace designed to transform the home buying experience. We are about to revolutionize the real estate industry. The platform allows users to explore properties and surrounding areas in 360-degree virtual detail, providing a highly interactive and realistic experience wherever they are.
Founded by VenkataRamana Guddeti and Rajesh Myakala, Nearestate.in is located at T-Hub, a leading startup incubator in Hyderabad. The duo developed RealView360° in response to the challenges faced by buyers seeking to value properties from a distance, especially in international markets.
“When we moved to Australia and wanted to invest in real estate in India, it was incredibly difficult to make a decision without actually visiting the location,” explains VenkataRamana Guddeti, founder of Nearestate.in. Masu. “That’s when the idea for RealView360° took shape, a platform that allows users to virtually explore real estate in a way that mimics an actual visit. Our goal is to remove geographic barriers and , to make the real estate search process more accessible, engaging and transparent.”
Revolutionizing real estate exploration
RealView360° leverages advanced virtual reality (VR) and geospatial technology to provide homebuyers with an immersive experience that traditional properties cannot provide. The platform’s intuitive design allows users to virtually “walk” through the property, exploring each room and corner as if they were actually there. Users can also get a feel for the surrounding area, including nearby amenities, local infrastructure, and the overall community feel.
“For international buyers and people relocating to another city, this platform solves a big problem: how to make informed decisions without going there in person,” said Co-Founder of Nearstate.in said Rajesh Myakala, CEO and CEO. “RealView360° is more than just a viewing tool; it is a complete virtual marketplace that brings real estate to life, empowering buyers to make decisions with confidence and sellers to present their properties in a dynamic and engaging way. It will be.”
Bridging the gap with buyers around the world
With RealView360°, Nearstate.in aims to remove distance limitations and redefine the global real estate market. Buyers around the world can now tour properties in different cities and countries without leaving home. Whether you’re a first-time homebuyer weighing your options in a new region or an investor evaluating property overseas, RealView360° offers an unprecedented level of convenience and accessibility .
Key features of RealView360°:
Immersive 360° property tours: Users can explore every detail of a property from their device and get a realistic perspective of the space.
Neighborhood Insights: This platform allows users to virtually explore their surrounding neighborhoods, including nearby schools, restaurants, and parks.
Global Access: Buyers can view properties and evaluate potential investments from anywhere in the world, without geographic constraints.
Enhanced listings for sellers: Real estate agents and developers can enhance their listings with high-resolution virtual tours to attract more serious buyers and increase credibility.
A new standard for real estate transactions
Real estate professionals are already recognizing the impact RealView360° is having on the market. The platform helps drive buyer engagement and increases the likelihood of a successful transaction by providing a more detailed and immersive experience for potential buyers.
“RealView360° sets a new standard in how real estate is displayed,” says Rajesh Myakala. “It’s important to experience the property, not just see it. This level of interaction builds trust and allows for better decision-making on both sides.”
Early adopters of the platform, including real estate agents and buyers, praise its ability to provide a comprehensive view of a property without the need for an actual site visit.
Pushing the limits of PropTech
The founders are already planning future updates to the platform, including an augmented reality (AR) feature that will allow users to visualize their homes with different furniture and design elements. Nearestate.in is committed to staying at the forefront of PropTech (property technology) and continuously enhancing the RealView360° experience with new innovations.
“As the PropTech industry grows, we want to continue to be a leader in pushing the boundaries of what is possible,” says VenkataRamana Guddeti. “Our vision is to make RealView360° the go-to platform for real estate exploration around the world.”
Nearestate.in is an innovative PropTech startup recognized by the Department for Promotion of Industry and Intratrade (DPIIT) under the Startup India Initiative (DIPP165602). Based in T-Hub, Hyderabad, Nearestate.in aims to transform the real estate industry by making the process of searching and buying real estate more immersive and accessible. The company’s flagship product, RealView360°, allows users to explore properties and neighborhoods through advanced 360° virtual tours. Combining VR and GIS technology, Nearestate.in is poised to disrupt the global real estate market by making property exploration easier, more transparent and accessible to buyers anywhere in the world. is being arranged.
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First Published: October 12, 2024 | 7:45 PM IST
