Happy New Year!

Dear friends, colleagues, customers and partners,

Another year is about to end, and we want to express our sincere thanks to all of you for your engagement, feedback and business.

2022 has been filled with incredible growth, and in the coming year we will continue our efforts to develop innovative technologies based on the Geometa platform to improve well-being of people in urban communities across the world.

May the upcoming year be full of new achievements and bring you a huge success.

We look forward to working with you in a new year and achieving our goals together.

See you in 2023!

What are People Talking About?

How the society appreciate new parks or parking lots? It is important to involve people in the process of making and implementing decisions and gets their opinion, to maintain sustainable development of the territory.

Natural zoning, ranked on a scale of people’s emotional perception, Omsk 2016

A large-scale social study was carried out using a web application. Residents could draw and describe the areas of city where they spend most of their time.

This information were used in the project of the Omsk city master plan, and formed the basis for planning a network of local sub-centers. This work was carried out jointly with the Institute of Territorial Planning “Grad”.

Web application for collecting characteristics of the territory

Many categories have been set up to collect information. Using these categories users were able to describe the city positively or negatively, for example:

• good for walking and rest;
• safe area;
• a nice place;
• landscaped area;
• fresh air;
• no problems with lighting;
• developed social infrastructure;
• clean yard;
• cool playgrounds;
• great public space;
• convenient transportation;
• accessible environment;
• no garbage problem.

With the help of Geometa, these data were processed and used both to evaluate and improve the work of city services and to plan the urban transformation process.

Today, such information is also validated through the processing of open data (including social networks). We conducted similar studies in Kazan.

Real Estate Appraisal

What actually determines the value of real estate and what tools are available for appraisers today?

Correlation analysis of the influence of one of the factors

Location significantly determines the price of real estate. Geometa provides services to collect data, analyze the market, calculate the market price and identify dozens of factors that affect the cost.

Geometa provides tools for individual and mass appraisal of real estate objects based on spatial analysis.

Individual assessment is used by realtors and appraisers for the sale or purchase of individual objects. There is variety of factors which are important for determining housing price — such as attachment to a certain school with a high rating, proximity to recreational areas, ecology status, safety and transport accessibility.

Factors that affect the price of commercial real estate are more diverse. The availability of energy resources and proximity to logistics centers are more important for ones, the presence of consumers nearby and the location of competitors affects more impact for others.

Mass valuation is used to calculate the amount of taxes and appraisal, which is important for banks to determine the value of collateral. The peculiarity of the mass appraisal is that the price can also be determined for objects that have never been sold or bought before. Such appraisal is based on the analysis of analogue objects.

The level of attractiveness of public spaces in Kazan

Geometa allows you to create the characteristics of real estate objects’ database and compare it with the market information — classifiedes, transactions’ history and valuation reports.

Using Geometa spatial analysis tools, the composition of factors that affect the price of real estate of a certain type is determined in a particular territory. As a result the model can be created that allows you to automate the calculation of the value of real estate based on such data and spatial data about the infrastructure of the territory.

Video — processing cadastral data from the state register of real estate, Tyumen

Tyumen Road Network Reconstruction Planning

The algorithm for flexible management of road reconstruction and construction is implemented by Geometa’s team.

Model for selecting priority areas for street reconstruction, Tyumen, 2016

The growing population of Tyumen and the deteriorating traffic situation have required more investment in the reconstruction of existing streets and the construction of new highways. It was decided to automate the managing process of the transport infrastructure development program and create a model that would determine the value of each activity.

The value calculation was based on the following factors:

• the number of the population affected by the changes, taking into account the population grow forecast;
• traffic situation;
• quality of streets, including facilities as lights and pipes;
• the possibility, timing and cost of land buyout;
• cost and terms of reconstruction or new construction;
• planned amount of financing.

The model allows us to add new factors and recalculate values in case of changes in factor values.

Video — Analysis of data on the mobility of citizens and traffic situation based on information from mobile operators

Using Geometa we developed a web application that provides daily monitoring of construction work and document management to manage the model implementation process.

Web application for managing the implementation of projects for the new construction and reconstruction of the road network, Tyumen, 2016