Prevention of Subletting Of Rental Properties Using AI
An AI-based solution that can be used by the government, property owners, and housing corporations to prevent re-rental property fraud in neighborhoods.
- Technology : Artificial Intelligence, Image Processing & Computer Vision, Natural Language Processing
- Industry : Hospitality
Business Objective
- Illegal subletting of properties is growing in numbers
- Subletting of rental properties through platforms like Airbnb and booking is illegal in many countries
- Tenants are making money by subletting on a semi-permanent or permanent basis without landlords’ consent
- Local council regulations and legal frameworks are not sufficient to find an increasing number of fraudsters
- Prevention of subletting of properties requires an intelligent solution to find such illegal cases with strong evidence
Solution
- Ridgeant’s AI-based solution helps municipalities, landlords, and housing corporations find fraudulent use of properties
- Uses internet data to find information about illegal rental activities
- Performs image similarity between data in the public domain and the property database
- Rental advertisements are analyzed to find the exact location as limited details are available in the public domain
- Protect property owners from financial losses and help Enforcement teams get more insights into fraud
Result
- Increased collaboration between housing societies, municipalities, and property owners
- Reduces administrative burdens to find such fraudulent cases
- Improved trust and credibility of the rental platforms among users
- Ensure compliance with local council rules and regulations
- Prevents fraudulent use of properties and potential legal issues
- Assist enforcement teams to be aware of what is happening on the internet or such vocational rental platforms
Benefits
- Improved overall customer experience
- Help government, housing corporations, and insurance companies to prevent re-rental property fraud
- Automatic fraud detection through an easy-to-use AI-backed platform
- Municipalities can manage tourist rentals across neighborhoods in a fair manner
- Increased flexibility and more control over pricing
- More control to manage tourist rentals and illegal renting of houses
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Testimonial
Our Source of Motivation
Excellent to work with in every way. Proactively identified solutions to the problem in the initial design and the recommended solutions. Work has top-notch. Results delivered on time. Communication was excellent.
Real pleasure consulting with Ridgeant to set up our company's entire data warehouse and dashboards on AWS. I will definitely be reaching out to them for future work to be done. Our project was effective and 100% achieved what I planned to do in the beginning, in a shorter time frame and with less effort than I expected.
CCR Data perform complex data migrations, we needed and extra pair of hands to restore an Oracle database and transfer the data to a Microsoft SQL database ready for our migration analysts to do their stuff. Nitesh was able to make available at short notice one of their team who was able to see the project through from start to finish. We would not hesitate in recommending or using Ridgeant again and would be happy to outsource bigger projects to them in the future.
I have used RA on numerous occasions over the past 2 years, specifically with Nitesh Solanki for the delivery on PDI ETL jobs. I am very happy with him and the high level of quality work he has provided. He seems to be available all the time and works extremely hard to deliver high quality solutions.
Working with Ridgeant was a game-changer for us. Thanks to Nitesh from Ridgeant, our data strategy is on point and giving our business a major boost!
They took us from square one, building a smart data strategy – everything from collecting data to dishing out real-time insights. With their help, we've seen some major improvements. We would give them a thumbs-up for anything data-related.
Ridgeant has made a real difference for our insurance firm. Their know-how in fraud detection is top-notch. Their data strategies have been a big help, and we are seeing great results. We are quite pleased with what they've done for us
They truly understand what they do. Their restaurant analytics provide real-time insights into our operations and customer behaviors, and it has made a significant difference in our business.
Working with Ridgeant has been fantastic! Thanks to their AI and ML-powered solution, we've made great progress. Their expertise helped us spot and prevent fraud in rentals and make us trustworthy.
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