Liases Foras

Liases Foras Overview

Liases Foras is a pioneering force in the Indian real estate data analytics landscape. Established in 1998, it stands as India's only non-broking real estate research company, offering invaluable insights and data-driven solutions to a wide range of stakeholders. Its reputation as a leading authority in the field is built on a foundation of comprehensive data, rigorous analysis, and unwavering commitment to providing unbiased information. This deep dive explores the company's history, services, and the significant role it plays in shaping the Indian real estate market.

Overview

Year of Establishment and Background Story

Liases Foras was founded in 1998. Its initial focus was on rating real estate projects. However, the company quickly evolved, transforming into a significant player, and now possesses the largest repository of organized and structured data on real estate in India. This comprehensive database has become a cornerstone of its success and its ability to provide accurate and insightful analysis.

Key Milestones in the Company’s History and Growth

Liases Foras's journey is marked by significant milestones that demonstrate its consistent growth and expansion:

• 2003: Commenced primary data collection for property market research, laying the groundwork for its expansive database.
• 2007: Expanded its coverage to six tier-one Indian cities, significantly broadening its reach and market analysis capabilities.
• 2010: Added two more major cities to its coverage area, further strengthening its position as a national leader.
• 2012: A major expansion saw the inclusion of 48 tier-two and tier-three cities, bringing the total number of census cities covered to 60. This strategic move significantly enhanced its data representation and analysis of the Indian real estate market at diverse levels.
• 2014: DMG's investment in Liases Foras fueled its expansion into Northeast India, further extending its reach and data coverage for the National Housing Bank (NHB).
• 2016: Liases Foras played a crucial role in the formulation and implementation of the Real Estate (Regulation and Development) Act, 2016, highlighting its expertise and influence within the industry.
• 2020s: Continued expansion and diversification of services and products, including the launch of innovative tools like Ressex and Desktop Valuation, showcasing its commitment to technological advancement and providing clients with advanced analytical capabilities.

Regulatory Compliance and Licenses

While specific details regarding licenses and certifications obtained by Liases Foras are not publicly available, its prominence and involvement in shaping industry regulations suggest a high degree of compliance and adherence to best practices within the real estate data analytics sector.

Insurance Products and Services

It is crucial to clarify that Liases Foras does not offer insurance products or services. Its core business lies in providing comprehensive real estate data analytics and advisory services.

Premiums and Pricing

As Liases Foras does not offer insurance products, there are no premiums or pricing structures related to insurance. The pricing for its data analytics and advisory services would vary depending on the specific products and services availed by the client.

Additional Services

Liases Foras offers a comprehensive suite of services beyond its core data analytics capabilities:

• Market Intelligence and Risk Advisory: Provides crucial market intelligence and risk assessment services to lenders, mortgage companies, and other financial institutions. This helps them make informed lending decisions and manage risk effectively.
• Development Advice, Best Use, and Valuations: Offers expert advice on real estate development, identifying optimal land use, and conducting property valuations for developers, funds, banks, and corporations. This ensures that development projects are strategically planned and appropriately valued.
• Data Analytics: Leverages advanced data analytics techniques to process raw data into valuable insights, providing clients with actionable information for informed decision-making. This includes the use of sophisticated tools and methodologies to derive meaningful patterns and trends from the vast dataset.

Customer Service and Support

While specific details about 24/7 support and multilingual assistance are not explicitly mentioned, Liases Foras offers customer service channels including phone and email. This suggests a commitment to providing assistance to clients, though the extent of support may need further clarification.

Pros and Cons of Liases Foras

Pros

• Comprehensive Data and Analytics: Offers a wide range of data analytics products and services including technical valuation studies, retail valuations, and portfolio risk assessment, providing a holistic approach to real estate analysis.
• Unbiased Data: Its reputation is built on the provision of unbiased and reliable data, earning the trust of banks, fund houses, and government agencies. This impartiality ensures the validity and reliability of their analyses.
• Wide Coverage: Boasts an extensive coverage area encompassing over 60 cities, 13,179 sub-localities, and more than 11,000 developers. This extensive reach ensures a comprehensive understanding of the Indian real estate market.

Cons

• Limited Geographic Focus: The company primarily focuses on the Indian real estate market. This limits its scope to those seeking analysis specifically within India.
• Complex Data Analysis: The sophisticated data analytics services might require a certain level of specialized knowledge or expertise to fully utilize and interpret the findings. This may necessitate the need for external consultation in some cases.

Conclusion

Liases Foras has solidified its position as a leading provider of real estate data analytics in India. Its comprehensive data, unbiased analysis, and wide range of services are invaluable for various stakeholders. The company's long-standing history, commitment to innovation, and influence on policy underscore its significance in the Indian real estate sector. While its expertise is primarily within the Indian market, its contribution to market transparency and informed decision-making is undeniable.

Frequently Asked Questions about Liases Foras

• What services does Liases Foras offer? Liases Foras offers a wide range of services including market intelligence, risk advisory, development advice, best use analysis, and property valuations. Its core strength lies in its ability to translate raw data into actionable insights.
• Who are the clients of Liases Foras? Liases Foras caters to a diverse clientele including banks, Housing Finance Companies (HFCs), developers, funds, mortgage insurance companies, and government agencies. This broad spectrum highlights the versatility and relevance of its services across the real estate ecosystem.
• How does Liases Foras collect data? The company employs a multi-faceted approach to data collection, leveraging primary surveys, mystery shopping techniques, and online sources. This multi-pronged approach ensures a comprehensive and robust dataset.

References

• [1] https://www.cbinsights.com/company/liases-foras
• [2] https://www.liasesforas.com/data.aspx
• [3] https://www.liasesforas.com
• [4] https://www.liasesforas.com/about-us.aspx
• [5] https://www.liasesforas.com/products.aspx