AdrolT Technologies
Innovative Solutions Pvt LTD
Phase-2
Student Name: V ANBUSELVAN
Register Number: 512223104006
Institution: SKP Engineering college
Department: BE CSE
Date of Submission:
1. Problem Statement
Accurately forecasting house prices is a challenging task due to the complex, non-linear
relationships between property features and market trends. Traditional methods often fail to capture
regional variations, macroeconomic indicators, and property-specific nuances. This project addresses
the need for a smart, data-driven regression model that adapts to changing real estate dynamics using
modern data science and machine learning techniques.
2. Project Objectives
1. Collect and preprocess relevant housing market data.
2. Perform exploratory data analysis to identify trends, correlations, and anomalies.
3. Engineer meaningful features (e.g., location, size, age, amenities).
4. Train and evaluate multiple regression models including linear regression, decision
trees, random forest, and gradient boosting.
5. Select and fine-tune the best-performing model using hyperparameter optimization.
6. Build a predictive system that estimates house prices with high accuracy.
7. Validate the model against real-world housing price datasets.
8. Visualize key results to inform real estate stakeholders.
9. Ensure model interpretability and address ethical concerns related to data bias.
3. Flowchart of the Project Workflow
START
AdrolT Technologies
Innovative Solutions Pvt LTD
I.Data Collection - Housing datasets (CSV/APIs) - Features: size, location, age,
rooms, etc.
2.Data Preprocessing - Clean missing/null values - Encode categorical data
Normalize numerical fields
3.Exploratory Data Analysis - Visualize correlations - Identify key predictors
4. Feature Engineering - Add price/sq.ft, locality scoring - Create derived
features
5. Model Selection - Train Linear, Ridge, Lasso, Random Forest, XGBoost
6. Model Evaluation - Use RMSE, R2 MAE metrics - Cross-validation
7. Prediction System - Input features * predicted price
8. Visualization & Reporting - Price distribution, feature importance
9. Optimization & Deployment - Fine-tune and prepare model for use
END
4. Data Description
1.Property Features
• Location (latitude, longitude, locality)
• Area (in sq. ft) • Number of bedrooms, bathrooms
• Property type (apartment, villa, etc.)
• Age of property • Amenities (parking, garden, balcony)
2.Target Variable
• Price (in INR or USD)
3.Source of Data
• Kaggle housing datasets
• Real estate listing websites
AdrolT Technologies
Innovative Solutions Pvt LTD
• Government open data portals
5. Data Preprocessing
1. Cleaning:
Handled missing values using mean/mode imputation.
Removed extreme outliers using Z-score and IQR methods.
2.Encoding:
Used one-hot encoding for location and property type.
3.Normalization:
Applied Min-Max scaling to numeric features.
4. Feature Construction:
Created "price per square foot", "age category", and "amenities score".
5.1ntegration:
Merged multiple data sources using property ID.
6. Security:
Removed any Pll, anonymized address components.
6. Exploratory Data Analysis (EDA)
1.Univariate Analysis:
Histogram of price distribution, boxplot of price vs. location.
2. Bivariate Analysis:
Scatter plots for price vs. area, correlation heatmap of features.
3. Clustering:
Grouped properties into low, medium, high price segments using K-Means.
4.Time Trends:
Price appreciation over time in selected localities.
AdrolT Technologies
Innovative Solutions Pvt LTD
5. Visualization:
Seaborn, Matplotlib, and Plotly used to generate interactive visuals.
6.1nsights:
Location and area were strong predictors; newer properties fetched better prices in
metro areas.
7. Tools and Technologies Used.
1.Programming Language:
Python
2.1DE/N0teb00k:
Google Colab, Jupyter Notebook
3.Libraries:
Pandas, NumPy, Matplotlib, Seaborn, Plotly, Scikit-learn, XGBoost,
Pandas Profiling
4. Data Sources:
Kaggle real estate datasets, Indian housing market APIs
AdrolT Technologies
Innovative Solutions Pvt LTD
8. Team Members and Contributions
1. ANBUSELVAN V - BACK-END
2 DEEPAKRAJA - FRONT-END
3. V DINESH -DATABASE
CONFIGURATION
