Real Estate Information

Management System

Anand Sagar K Deva Pratap Srinivasa Rao G Vijayanand K*

Department of Civil Engineering *Department of Computer Science

National Institute of Technology Pondicherry University
Warangal, A.P., India. Pondicherry, India.
Real Estate Information Management System

Introduction

• 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.
Real Estate Information Management System

Reasons for Choosing

a New Home

• Job shift
• Changes in family conditions
• Growing Accommodation requirements
• Social status
• Comfort
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Factors that influence

our choice
• Proximity to Education Institutions
• Proximity to Bus and Railway stations
• Proximity to hospitals
• Away from pollution
• Lower costs
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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.
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Study Area
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Study Area

• Ameerpet – part of Hyderabad City, India

• Geographical area
17026’02” N – 17026’40” N
78026’44”E – 78027’16” E
• SOI toposheet No - 56 K / 7/ NE
• Average Altitude – 1778 feet above mean sea
level
• Temperature ranges between 11.60 C – 420 C
Real Estate Information Management System

Locality Map of Ameerpet

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Methodology

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

Methodology
 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.
Real Estate Information Management System

Linear Weighted Summation Model

• 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.

.
Real Estate Information Management System

Database Design
• 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.
Real Estate Information Management System

Attribute Information
• 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.
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Classification of Attribute
Data
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Data Analysis
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RIMS Interface
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User Preferences
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RESULTS
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Conclusion

• 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…
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Conclusion
• 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.
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ACKNOWLEDGEMENTS

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.
Thank You
Real Estate Information Management System

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