Real estate mass valuation in Azerbajian
In the beginning of December we have started a new project - Pilot project for Real estate mass valuation in Sumgait city, Azerbaijan - under State Committee on Property Issues of The Republic of Azerbaijan.
The project, lead by Sinergise, joins three partners:
- Sinergise, bringing its IT solutions and expetise on mass valuation from Slovenia and Mauritius;
- Datum, Azerbaijani company providing local valuation experience and GIS services;
- EY Consulting, Greek company responsible for communication with public and quality assurance.
Project is planned to run for 6 months and will deliver:
- Establishment of the system for collection of market data and the market data bank in the pilot area.
- Preparation of zone value maps for mass valuation.
- Formation of valuation models and rendering valuation.
We do believe this will be a beginning of a long-term cooperation between the partners and the client, bringing many valuable solutions to The Republic of Azerbaijan.