How This AI Tool Helps You Predict the Next Real Estate Boom🌎

Today, Google Maps has become a necessity of daily work life. We use maps to navigate offices, roads, traffic, hospitals, shortcuts, etc. But this new Google AI tool leaps forward and enters into the tech/business world.

This AI tool helps you select any area on the map of the world and instantly reveals the number of buildings and estimates their height over time.

Which in turn helps you predict many amazing things. So, let’s deep dive into:

• What is this tool?

• How it works?

• And its many benefits including real estate.

What is ‘Open Buildings 2.5 D’

The initial release of this tool, which was developed by Google, occurred on 17 October 2023.

The tool is designed to identify and map buildings in 2D using satellite imagery and AI models. The aim was to improve urban planning and help provide disaster response by giving accurate building footprints in areas where data is not available.

How does ‘Open Buildings 2.5 D’ actually work

As explained above, this tool creates a map for an audience with the help of satellite images and AI algorithms. The amazing thing is in their map they not only show where things are but also highlight how tall buildings and places are.

For example — If you search for New York City on Open Buildings 2.5 D, this tool will help you see data on NYC which will tell you:

• Total number of buildings in that specific area

• How tall buildings are (grown in the past few months)

• Which areas might be ready for new construction, and much more

Now understanding the pattern, one can predict areas where several buildings and their heights are increasing rapidly.

Open Buildings 2.5 D use case in today’s world

Now this AI tool also covers a massive 32 million+ square kilometers across Africa, Latin America, and Asia.

Basically, with the help of satellites, this Google tool leverages images to provide unprecedented insights into urban growth patterns. Which ultimately helps find patterns of rapid urban growth before they hit the mainstream radar.

And figure out where the next big infrastructure projects will move.

With this tool, one can easily find under-developed areas in many African and Asia countries, where even basic electricity facilities are not available.

One can also pinpoint war zone areas, and understand situations more closely like in Palestine.