Qubit Navigo hits 10 crore turnover in 9 months, plans global expansion
Qubit, a Pune-based VizTech company, is redefining the real estate landscape with its real-time 3D visualization tool, Navigo with the turnover of 10 crores within nine months since its launch in October 2023. Navigo has facilitated Rs 510 crores in real estate sales, with sales projections of Rs 5,000+ crores by next year. Currently dominating the Pune region, Qubit is now setting its sights on pan-India and UAE markets in Phase I, promising to revolutionize real estate sales on a global scale.
Navigo leverages 30 years of expertise to offer state-of-art 3D visualization and real-time analytics. Unlike traditional static brochures, Navigo provides interactive 360-degree views, customized perspectives, and high-fidelity geospatial mapping, allowing customers to precisely locate their apartments, take real-time cross-sections, and explore property details. It also offers real-time updates on available, sold, and reserved units.
Ajjay Parge, Founder Director of Qubit stated, “The use of technology, visualization, and augmented reality has surpassed the traditional 'touch and feel' nature of the real estate industry, with Navigo pioneering this change with interactive presentations. In 9 months, we have already sold 3.50 lakh sq ft using Navigo as the main sales tool, with an average engagement time of 30 minutes per family. Its success in Pune has been remarkable, transforming experiences for buyers and realtors alike. Given this momentum, we are projecting Rs 5,000 crores in sales for 2024-2025."
Highlighting Navigo’s unique offering, industry expert Shekar Ganti from GA Design Consultants LLP said, “I believe Navigo has been a standout tool for us and has garnered an extraordinary uptick in interest among customers and design consultants. One of Navigo's standout features is its capability to transform real estate projects into immersive 3D models, providing a more comprehensive view that facilitates faster and more effective design decisions and customer alignment. The ability to customize projects for the customer and provide a variety of options in real-time has been a game changer for real estate and allied industries, especially in design and architecture.”
Navigo’s unique offering aligns perfectly with India's booming real estate market, projected to reach US$ 1 trillion by 2030. With a turnover of 10 crores, Qubit has also ventured into AR and VR domains.