Adopting geospatial intelligence in Real Estate practice is important – ESV Ajah Ogbonnaya

Date:

An Estate Surveyor and Valuer ESV Ajah Joseph Ogbonnaya,has advised all professional teams involved in the Real Estate profession to adopt the application of geospatial intelligence in practice.

He said it has become of importance in the practice due to the rapidly evolving advances in technology, data analytics, and digital mapping tools.

ESV Ogbonnaya stated this yesterday in Abuja.
He said that one of the most transformative developments in recent years is the application of geospatial intelligence is the integration of geographic information systems (GIS).
“Remote sensing, and spatial data analysis to improve decision-making, valuation accuracy, and property management efficiency”.
He stated that in today’s complex real estate environment, location remains the foundation of value. He however, said understanding location now extends far beyond mere physical address. “Geospatial intelligence enables professionals to visualize, analyze, and interpret data about the earth’s surface in ways that reveal trends, risks, and opportunities invisible to traditional methods”.
According to him, Geospatial intelligence (GEOINT) is the use of data derived from satellite imagery, aerial photography, maps, and geographic information systems to understand spatial relationships and patterns.
“Initially developed for military and security applications, it is now widely adopted across civilian sectors, including urban planning, infrastructure management, environmental studies, and real estate”.
He mentioned that at its core, geospatial intelligence integrates location-based data with analytical models to provide actionable insights.
“Tools such as Google Earth Pro, ArcGIS, QGIS, and Drone-based mapping now allow estate surveyors and valuers to collect, visualize, and analyze geographic data with remarkable accuracy”.
He noted that such Real Estate professionals apply geospatial intelligence in several critical areas, including:
Property Valuation where valuers assess locational factors such as proximity to transport corridors, flood zones, schools, or commercial centers that directly influence property value.
Satellite imagery and GIS maps can reveal physical and environmental attributes affecting valuation accuracy.
Site Selection and Feasibility Study, which enables Developers and investors to use geospatial data to identify optimal sites for residential, commercial, or industrial projects. Factors such as topography, accessibility, soil type, and land use zoning can be quickly analyzed through spatial overlays.
Land Administration and Mapping. This aids Estate surveyors involved in land management can use geospatial tools to verify land boundaries, detect encroachments, and support cadastral mapping. Digital maps enhance accuracy and reduce disputes.
Facility and Asset Management. Through geospatial dashboards, facility managers can monitor large property portfolios, track maintenance needs, and plan logistics with precision and
Market Analysis. Geospatial analysis enables professionals to identify patterns in property demand, price distribution, and urban growth, providing a scientific basis for investment decisions.
He analyzed the Benefits to Real Estate Professionals, which include
Enhanced Decision-Making:
Provides data-driven insights that support evidence-based recommendations.
Improved Accuracy and Transparency:
Reduces human error and enhances credibility in valuation and land analysis.
Cost and Time Efficiency:
Field inspections and surveys can be complemented with satellite imagery and digital mapping.
Risk Management:
Helps identify environmental or infrastructural risks such as flood-prone areas, erosion zones, or illegal developments and
Competitive Advantage:
Professionals who adopt geospatial technologies gain an edge in a market that increasingly values innovation and accuracy.
The Estate Surveyor recommended Professional bodies such as the Nigerian Institution of Estate Surveyors and Valuers (NIESV) should promote GIS education and certification.
Government agencies should collaborate with the private sector to improve access to geospatial datasets and Real estate firms should invest in training and capacity building for their staff.

READ MORE  Al-Mustapha blows hot: Rich people with access to weapons, hard drugs behind Nigeria’s insecurity

Sent from my iPhone

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

For the People’s Wellbeing

September 9, 2026, marks the 78th founding anniversary of...

Dangote refinery sets IPO minimum subscription at N5,250

Aliko Dangote, chief executive officer (CEO), Dangote Group, says...

Troops dislodge terrorists, recover arms, mobility assets

From Bashir Rabe Mani, Sokoto   Troops of the COAS...

Alausa hails NECO’s CBT, says council better positioned for credible exams

By Mariam Abeeb   The Minister of Education, Dr. Tunji Alausa,...