Engineering, Procurement, Construction & Infrastructure
SQUARE FOOT
Square Yards partners with RBI Innovation Hub to digitise 100M+ property records

Square Yards has announced that its Data Intelligence Platform has successfully digitised over 100 million property registration records, creating one of India's largest structured repositories of real estate transaction data. In a parallel development, Square Yards has signed a Platform Service Provider Agreement with the Reserve Bank Innovation Hub (RBIH) — a subsidiary of the Reserve Bank of India — to offer e-Valuation and Title Search services through RBIH's Unified Lending Interface (ULI).

The platform integrates insights from India's 'Big Four' public data sources: Property Registrations (IGR), Online Listings, Regulatory Data (RERA), and Government Benchmarks such as circle rates. Together, these sources enable a contextual, multi-dimensional understanding of real estate activity at both macro and micro-market levels.

The structured dataset captures critical data points including property identifiers (building/locality, unit details, survey or plot numbers), area metrics (carpet and super built-up area), transaction values (consideration value and circle rate), buyer-seller information, and registration timelines. The platform currently covers Maharashtra, Karnataka, Telangana, Andhra Pradesh, Tamil Nadu, Uttar Pradesh, Delhi, and Kerala — with plans to expand coverage further.

A key differentiator is the platform's reliance on actual transaction values rather than estimates, supported by legally valid property title records and validated against prevailing circle rates.

As part of its agreement with RBIH on the Unified Lending Interface (ULI), Square Yards will deliver two flagship services:

e-Valuation Report: AI-powered property valuations leveraging transactional data and location intelligence to deliver fast, defensible, and lender-grade assessments.

Title Search Report: Comprehensive property due diligence via registration records, covering ownership history and title risk assessment to support safer lending decisions.

For home buyers, the platform brings long-overdue transparency to one of life's biggest financial decisions — enabling them to benchmark prices against actual registered transaction values, verify ownership histories, and assess title risks in minutes rather than weeks. For lenders, AI-powered e-Valuation and Title Search reports reduce over- or under-lending risks, provide a clear audit trail of ownership, and enable faster loan sanctions with significantly lower default exposure. Available at a nominal cost, these services make critical property intelligence accessible to all stakeholders — ensuring that every step of the transaction, from purchase to financing, is more informed, transparent, and secure.

*****
Back to Square Foot