GIS Applications in Real Estate
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GIS applications in real estate are used extensively by decision-makers and managers of real estate enterprises in their site selection for projects. Urbanization is the order of the day and in order to build an efficient urban structure, the infrastructure needs to be properly planned, designed, and maintained.
GIS applications in real estate have increased the scope and access to a variety of information regarding land. With the increase in the volume of the data collected by various organizations, the requirement to manage and distribute these data effectively arise. These data management tools should be able to handle large volumes of data and also the records of exchange among various organizations. Moreover, the automated system needs to formulate user-friendly methods for visualization of and interaction with data.
The web-enabled GIS applications thus prove to be much more dynamic than paper maps. The existing GIS applications in real estate include a stand-alone SQL server and VB-based Land and Building System. Another more developed automated system used is the e.CREAM or Customer, Real Estate, and Marketing System.
The GIS applications allow retail realtors to view a huge array of data within one common format of a map, which is not only time saving but also helps both, the realtors and the clients by providing comprehensive details. GIS applications in real estate focus on certain basic requirements for an urban planning management. These are:
The GIS applications in real estate have proven to be very beneficial and has also become an effective tool for proper assessment and management of real estate data and its users. The other uses are:
GIS applications in real estate have increased the scope and access to a variety of information regarding land. With the increase in the volume of the data collected by various organizations, the requirement to manage and distribute these data effectively arise. These data management tools should be able to handle large volumes of data and also the records of exchange among various organizations. Moreover, the automated system needs to formulate user-friendly methods for visualization of and interaction with data.
The GIS applications allow retail realtors to view a huge array of data within one common format of a map, which is not only time saving but also helps both, the realtors and the clients by providing comprehensive details. GIS applications in real estate focus on certain basic requirements for an urban planning management. These are:
- Specific site locations
- Multiple data sets
- Specialized analysis inquiries
- Executing data commerce
- Budget and expected property valuation over certain period of time
- Conveniences sought by the clients
The GIS applications in real estate have proven to be very beneficial and has also become an effective tool for proper assessment and management of real estate data and its users. The other uses are:
- Providing visual delight to the client and realtor by presenting and analyzing a site and its environment
- Effectively estimating the property cost based on the conditions preset by the realtors by using the AVM system
- Making faster and effective real estate multiple datasets which are usually huge and complex
- Performing online transactions like reservations and printing of the site
- Conducting online division of the property and merging with the online data
