ensuring that homebuyers are not starved of their needs for a good home during the pandemic its technology is bringing property interiors and exteriors to life through virtual staging and 3d walkthroughs together with the help of spatial sounds to lend an immersive rich and cinematic experience for homebuyers viewers can explore every inch of a property through their smart devices from anywhere ironing out time distance and trust barriers a sample interior 3d image created using the propvr software in real estate furnished spaces sell 80 faster than unfurnished or empty ones however developers have to spend rs 60 lakhs1 crore on furnishing and staging of their sample flats with propvrs technology real estate developers could not only save the cost but also leverage the luxury of different staging optionsthis allowed developers like dra homes to stage a property virtually with just a few clicks and customize the units as per the clients needs at a fraction of the cost which resulted in higher conversions homebuyers were bowled over by this instant customization as they got a better perspective of how the spacing and dcor will look when they actually move in redefining digital real estate experiencepropvrs gameplan wasnt limited to just creating engaging lifelike 3d walkthroughs or virtual staging of internal spaces sundar jagannathan and srinath kandala its cofounders wanted to bring the entire analogue real estate process online and disrupt the way properties were sold in the country india has a young demography largely defined by technology who look for instant gratification and convenience when it comes to buying a house most will favour ecommercelike websites that will enable them to enjoy interactive real estate content on the go and book one securely propvr came up with a digital transaction module to enable safe and secure financial transactions its saas tech suite incorporates realtime inventory blocking engines integrated with multiple payment gateways and post sales module for submission of online applications with digital signatures the platform comes with the best and most accepted format for file encryption to provide highest levels of security and universal acceptance for all buyer information kyc data and digital signatures ensuring peace of mind for both buyer and sellerpropvrs virtual sales tool really came handy during the lockdown and helped us in organizing virtual site visits and we actually booked sales without the customers visiting the project in person says manoj vasudevan vp sales and marketing dra homesthe realtor leveraged propvrs prowess to rein in nri clients in singapore and dubai rather than spending rs 23 crore in building and staging model flats dra used propvrs proprietary 3d technology and video conferencing tool to simulate an actual site visitlike experience at less than rs 3 lakhs with two different staging options dras sales team took its nri clients on a virtual visit of their properties in chennai and were able to close over 100 leads in three months making it one of the biggest closures during pandemictoday propvr has become a