India, Aug. 16 -- Data science is a subject that combines mathematics and science to be able to use as a guide to decision making and strategic planning. Data science works hand in hand with Artificial Intelligence (AI), and has various advantages for the real estate industry. These days many AI techniques are being introduced and implemented by real estate companies in order to stay ahead of the competition in the market. Correct application of data science will help real estate companies yield lucrative revenue, make informed decisions and help clients in making proper decisions when it comes to investing in property.

Data science can be applied in many areas of real estate, that is, from identifying consumer interest to making informe...