Sitronics Space and Domprice will develop a comprehensive project to value real estate using images from space

2024: Agreement for the Use of Space Data

Sitronics Space and the resident of the Nizhny Novgorod Technopark "Domprice" signed a cooperation agreement and agreed on the joint implementation of a project to use space data for automated real estate valuation. Sitronics announced this on September 12, 2024.

The introduction of data remote sensing Lands in the processes of automated real estate assessment will allow you to get objective and relevant information anywhere in the territory. Russia The goal of cooperation is to develop new approaches to automated identification of real estate objects and their classification. So, for example, thanks to the space data of the DZZ, it will be possible to track the stages constructions of the object or evaluate the object in terms of compliance with the cadastre. This will allow you to receive an objective assessment of residential real estate, as well as minimize risks at the stage of buying housing.

In the process of preparation, there is a pilot project on the territory of three constituent entities of the Russian Federation (207 thousand square km) with the possibility of subsequent scaling to other regions. Within the framework of it, the task is to ensure regular monitoring and identification of changes in real estate objects and the use of land plots using artificial intelligence technology.

The Domprice.pro service is constantly improving algorithms for assessing the market value of objects based on its own software. We believe that the use of spatial data is an additional source of information for our clients, which will help to obtain an objective assessment of the value of residential real estate - said Dmitry Kartushin, CEO of Dompreis.

The use of artificial intelligence technologies to analyze data from space for September 2024 is a global trend. DZZ data is an indispensable source of information for various sectors of the economy, and especially for real estate. We are confident that the integration of space data, as well as the development of services, opens up new opportunities for business to develop, said Pavel Cherenkov, CEO of Sitronics Space.