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Real Estate Information Management System

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Real Estate Information Management System Anand Sagar K Deva Pratap Srinivasa Rao G Vijayanand K* *Department of Computer Science Pondicherry University ... – PowerPoint PPT presentation

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Title: Real Estate Information Management System


1
Real Estate Information Management System
Anand Sagar K Deva Pratap Srinivasa Rao G
Vijayanand K
Department of Computer Science Pondicherry
University Pondicherry, India.
Department of Civil Engineering National
Institute of Technology Warangal, A.P., India.
2
Introduction
Real Estate Information Management System
  • Home is the dream of everyone.
  • Finding a better house with optimal cost is both
    frustrating and time consuming.
  • To meet such needs of people a system called Real
    Estate Information Management System (RIMS) was
    developed.

3
Reasons for Choosing a New Home
Real Estate Information Management System
  • Job shift
  • Changes in family conditions
  • Growing Accommodation requirements
  • Social status
  • Comfort

4
Factors that influence our choice
Real Estate Information Management System
  • Proximity to Education Institutions
  • Proximity to Bus and Railway stations
  • Proximity to hospitals
  • Away from pollution
  • Lower costs

5
Real Estate Information Management System
RIMS
  • To find a home acceptable to all family at
    right place at right cost.
  • Real estate information management with an
    appropriate decision support system is necessary.

6
Real Estate Information Management System
Study Area
7
Study Area
Real Estate Information Management System
  • Ameerpet part of Hyderabad City, India
  • Geographical area
  • 1702602 N 1702640 N
  • 7802644E 7802716 E
  • SOI toposheet No - 56 K / 7/ NE
  • Average Altitude 1778 feet above mean sea level
  • Temperature ranges between 11.60 C 420 C

8
Real Estate Information Management System
Locality Map of Ameerpet
9
Methodology
Real Estate Information Management System
  • GIS technology
  • Multiple criteria evaluation technique
  • Database Design
  • Data Analysis
  • Map Objects software in conjunction with Visual
    Basic

10
Real Estate Information Management System
Methodology
11
GIS and Multiple Criteria Evaluation Technique
  • The MCE technique allows map layers to be weighed
    according to their importance.
  • GIS provides the processing capability to assess
    spatial criteria as part of a MCE procedure
  • GIS is a suitable computing tool to perform the
    MCE analysis.

12
Linear Weighted Summation Model
Real Estate Information Management System
  • Land information is transformed to a set of
    factors over study area
  • Factors are combined by applying a weight to each
    factor
  • Overlay summation to yield a map
  • The suitability score S is computed as
  • S O (Ai Wi)
  • Where Ai is the criterion score of factor i
  • Wi is the weight factor.
  • .

13
Database Design
Real Estate Information Management System
  • The foundation of any GIS application is spatial
    data
  • Accurate and timely spatial data is critical
    component of application development in real
    estate.
  • The reliability of data correlates directly with
    value of GIS (garbage in, garbage out).
  • Characteristic of GIS is the linking of attribute
    tables to digital maps.

14
Attribute Information
Real Estate Information Management System
  • Market data - historic, current and projected
    trends of rates at the sub market level.
  • Descriptive data - name and address of the
    apartment, owner, type of flat, floor area etc.
  • Transaction data - property last sold, the buyer
    , the seller and the selling price etc.

15
Real Estate Information Management System
Classification of Attribute Data
16
Real Estate Information Management System
Data Analysis
17
Real Estate Information Management System
RIMS Interface
18
Real Estate Information Management System
User Preferences
19
Real Estate Information Management System
RESULTS
20
Conclusion
Real Estate Information Management System
  • Linear combination method is simple and flexible
    to include spatial modeling in a MCE.
  • RIMS provides a complete solution for
  • - spatial indexing
  • - selecting and clipping of data
  • - dynamic loading
  • - managing large volumes of information

Contd
21
Conclusion
Real Estate Information Management System
  • Transportation accessibility become greater
    contributor to the commercial value of a site.
  • The flow of geographic information to businesses
    and consumers lead to more rational land use
    decisions.
  • The applied language technologies should be
    encouraged to efficient services.

22
ACKNOWLEDGEMENTS
Real Estate Information Management System
  • We wish to place on record our gratitude to
    Dr. V. Upender Reddy, Technical Director,
    Spatial Infocom, Hyderabad for his critical
    analysis and fruitful discussion on the topic.

23
Thank You
24
Real Estate Information Management System
  • Real Estate management System (pdf format)
  • Real Estate management System (Ms word format)
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