GIS based framework for Real Estate Analytics
Submitted by Venkateswaran M (@venkateswaranm) on Tuesday, 11 September 2012
To provide a contemporary perspective for understanding the Real estate Markets (Processes, Resources and Market participants) through a GIS based framework.
The real estate property life cycle comprises four elements: i. Policy decisions that initiate the transaction ii. Origination, following the acquisition of the property iii. Operations, embracing the management of the property iv. Conclusion, involving the disposition and completion of the property involvement.
The real estate process involves inherent interdependent symbiotic relationships between market participants (Developer, Capital Source, Service Provider and Space user). This session covers Spatial Analytics which involves integrating data from several disparate sources within a GIS based analytical framework. Data sources include but are not limited to census maps, cadastral maps, zoning master plans, market value publications of the government and surveys of leading developers to provide market value assessments.
An open mind and a basic understanding of maps.
Venkat is an Analytics practitioner and currently works with Dell Global Analytics. He has rich experience across retail, financial services and Technology domains. His prior experiences include managing the KPO division at Ocwen Financial Corporation for providing Real Estate and Mortgage Loan servicing support to investment banks. He holds a B.Tech degree from the Indian Institute of Technology, Chennai and an MBA from the Indian Institute of Management, Lucknow.