In the modern society, nowadays, Virtual Reality (VR) and Augmented Reality (AR) are permeating into our daily lives. Not only it changes the way individuals interact with digital content, but also has a significant influence on urbanization, migration, social justice, urban right and so on. This paper aims at analyzing the potential of VR and AR, particularly in different areas of society as they transform society in different ways. Regarding the concepts above, it investigates how these technologies affect questions of urbanism, equality, mobility, prejudice, and rights in cities. Through the examination of the concepts of Virtual Reality and Augmented Reality and their utilization, the paper exposes the possibility of developing an equitable built environment in cities. In this paper, having provided an overview of the existing literature and cases, issues and prospects are revealed in VR and AR development. Thus, studies imply that the implementation of both VR and AR into the main urban planning and social policies can promote social equity and inclusion.