Smart Property Assistant: Automated Valuation and Legal Advisory System

The real estate market’s dynamic nature and its dependence on multiple factors create significant challenges in property valuation and legal compliance. This study presents an integrated system that combines automated property valuation with legal advisory services to address the challenges faced by buyers, sellers, and investors. The research focuses on developing a unified platform that provides accurate property valuations while ensuring users understand the legal aspects of real estate transactions. The system leverages machine learning algorithms to analyse property value determinants, including location, market trends, and infrastructure development, delivering accurate and real time valuations. Through an intelligent chatbot interface, the platform provides comprehensive legal advisory services, helping users navigate the complexities of property transactions. This research makes significant contributions by automating the property valuation process and simplifying legal compliance procedures for real estate transactions. Implementation results demonstrate improved accuracy in property valuations and enhanced user understanding of legal requirements. The study transforms traditional real estate decision making by providing a reliable, automated solution that enhances transparency and efficiency in property transactions, ultimately revolutionizing how property valuations and legal advisory services are delivered in the real estate market.

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Publication Details

Published
2024-11-23
DOI
https://doi.org/10.59544/exmm9410/icrcct24p27
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
0.00
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article

Smart Property Assistant: Automated Valuation and Legal Advisory System

A. M. Abirami, G. Sathya, Niteesh Balaaji S -, C Pavitra et al.
Impact of AI and Big Data on Business and Society
article

Smart Property Assistant: Automated Valuation and Legal Advisory System

A. M. Abirami, G. Sathya, Niteesh Balaaji S -, C Pavitra, Vishwas M Pattar
article en

Abstract

The real estate market’s dynamic nature and its dependence on multiple factors create significant challenges in property valuation and legal compliance. This study presents an integrated system that combines automated property valuation with legal advisory services to address the challenges faced by buyers, sellers, and investors. The research focuses on developing a unified platform that provides accurate property valuations while ensuring users understand the legal aspects of real estate transactions. The system leverages machine learning algorithms to analyse property value determinants, including location, market trends, and infrastructure development, delivering accurate and real time valuations. Through an intelligent chatbot interface, the platform provides comprehensive legal advisory services, helping users navigate the complexities of property transactions. This research makes significant contributions by automating the property valuation process and simplifying legal compliance procedures for real estate transactions. Implementation results demonstrate improved accuracy in property valuations and enhanced user understanding of legal requirements. The study transforms traditional real estate decision making by providing a reliable, automated solution that enhances transparency and efficiency in property transactions, ultimately revolutionizing how property valuations and legal advisory services are delivered in the real estate market.

Openalex Percentile: Top 74%
Impact of AI and Big Data on Business and Society
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Smart Property Assistant: Automated Valuation and Legal Advisory System — A. M. Abirami, G. Sathya, et al. · (2024) | TGRS Research Map | TGRS