Advanced Analytics

Real Estate Development

With the help of Big Data and advanced analytics software companies are analysing investments using public, customer, market data to see if a property is a good investment match for customers or not, which customer segment its more appealing to,forecasting the value in the market, the correct way of advertising a property to its customer base etc.

Benefits for the company

A successful data-driven approach can yield powerful insights. Just few ways of using data science to improve the industry data utilization outcomes.

Feasability

High

Type of expertise/ AI domain

Data Storage Capabilties, Data synthesis, Advanced analytics

Internal data required

Historic Property data, Customer Demographic Data

External data possible

Public Data, Market Information, price/square meter, neighbourhood quality, etc

Research Paper

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