Magicbricks has acquired a majority stake in PropViz, a leading provider of 3D visualization and immersive technology solutions. This strategic acquisition significantly enhances Magicbricks’ real estate technology, enabling developers to offer advanced tools that improve buyer engagement. With this acquisition, Magicbricks is strengthening its commitment to transforming the property-buying experience through cutting-edge technology.
Magicbricks expands developer solutions with PropViz’s advanced tools
By acquiring PropViz, Magicbricks now provides enhanced developer solutions. These include virtual property walkthroughs, interactive tours, smart location maps, and real-time inventory management. Developers can now engage buyers with seamless, immersive experiences that simplify decision-making. As a result, Magicbricks helps drive more informed choices and a smoother purchasing process.
PropViz’s expertise elevates Magicbricks’ real estate technology
Founded in 2019, PropViz has already created over 125 million square feet of virtual spaces and designed more than 1,800 interactive layouts. By integrating PropViz’s industry-leading solutions, Magicbricks now offers a comprehensive suite of services that covers the entire real estate lifecycle. From pre-launch planning to post-launch support, this acquisition enhances Magicbricks’ value proposition for developers.
Strengthening Magicbricks’ leadership in real estate innovation
This acquisition reinforces Magicbricks’ position as a leader in technology-driven solutions for the real estate sector. With PropViz’s tools now part of the platform, Magicbricks can offer verified leads, site visits, and immersive tools to improve sales and project management. These offerings are set to drive growth and efficiency for developers and make the property-buying journey more engaging for buyers.
Shaping the future of real estate with PropViz and Magicbricks
With PropViz now integrated into Magicbricks, the platform is well-positioned to continue leading the real estate technology space. Together, they will provide developers and buyers with innovative solutions that simplify and improve the process of buying, selling, and managing properties. Magicbricks is now poised to shape the future of real estate technology.
