Map, which shows price variations across a locality in colour-coded form. Another initiative is the Child Friendliness Index, which is a colour-coded ranking of various localities in a metro on child-friendly parameters such as schools and parks.
“This is the first time that anyone has gleaned data from real estate and structured it. With the help of this structured data, we have come up with never seen before features that add immense value to people’s home search process,” says Advitiya Sharma, co-founder, Housing.com.
The adoption of IT in the sector is not restricted to developers and users consulting real estate portals. Governments too have got into the act and are making significant progress.
Delhi government has mapped the entire city on a 1:2000 scale, covering all underground and overground utilities that enable targeted and timely attention to problems, and effective maintenance. The government has enacted a legislation to this effect and formed a company Geospatial Delhi Limited, a portal that hosts a three-dimensional model of the city, containing a survey of all dwelling units, a first for any city in India.
The Municipal Corporation of Greater Mumbai is testing an online approval process for building permits that makes use of standard software to evaluate a proposal on regulatory and FSI guidelines. It is aiming at developing a special website that would host the approved plan for the benefit of prospective buyers.
This is also finding its way into pilot projects in urban renewal and the creation of new cities. “Recently a proof of concept activity was undertaken in Gurgaon wherein existing built environment was modelled using a vehicle mounted 360 degree video camera and laser scanner. The data collected was converted into a three-dimensional model of the 100 acre community for the purposes of urban renewal and regeneration via community input. The Delhi Mumbai Industrial Corridor Development Corporation has recommended the adoption of 3D modelling technology for all the city-level infrastructure development for Dholera city; placing the foundation of a smart city,” says Sawhney.