Propstack, a real estate data analytics firm, has entered into a partnership with Singapore-based geospatial artificial intelligence company AlphaGeo. This collaboration is focused on integrating real estate transaction data with geospatial analytics to assess investment risks, particularly those related to climate factors such as floods, heatwaves, droughts, sea-level rise, and typhoons.
The partnership is designed to support institutional investors, real estate developers, brokerages, banks, insurers, and government agencies. It will provide tools for due diligence, risk analysis, financial modeling, valuation, site selection, and acquisition strategy. Propstack clients will also gain access to AlphaGeo’s location risk and resilience scores for major Indian cities.
AlphaGeo’s founder and CEO, Parag Khanna, stated that predictive location analytics enables investors and developers to conduct a more detailed risk assessment and site selection process. He highlighted that geospatial data provides insights that were previously difficult to quantify. Propstack co-founder Raja Seetharaman mentioned that integrating real estate transaction data with geospatial analytics will create a more detailed view of property value and associated risks.
India’s real estate market is concentrated in urban centers and is influenced by multiple factors, including interest rates, liquidity, technology shifts, demographic changes, and climate stress. Businesses and investors require reliable data to support leasing, lending, and underwriting decisions.
Geospatial data can help forecast climate-related hazards that may affect leasing terms, requiring modifications to properties or leading to higher maintenance costs. Climate regulations, such as carbon taxes, can also increase operational expenses.
In lending, financial institutions can use geospatial analysis to assess borrower risk. Properties in climate-vulnerable areas may see reduced creditworthiness, increasing the probability of loan defaults. For insurers, geospatial data plays a role in underwriting by identifying properties exposed to extreme weather risks. This may lead to adjustments in insurance coverage and premiums.
The collaboration between Propstack and AlphaGeo is intended to provide stakeholders with the necessary data to make informed real estate investment decisions, ensuring climate risks are considered as part of the evaluation process.
