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Predicting house prices in Bengaluru

competition & Data source:

https://www.machinehack.com/course/predicting-house-prices-in-bengaluru/

Data:

  • The train and test data will consist of various features that describe that property in Bengaluru.
  • Each row contains fixed size object of features. There are 9 features and each feature can be accessed by its name.
Features:
  1. Area_type – describes the area
  2. Availability – when it can be possessed or when it is ready(categorical and time-series)
  3. Location – where it is located in Bengaluru (Area name)
  4. Size – in BHK or Bedroom (1-10 or more)
  5. Society – to which society it belongs
  6. Total_sqft – size of the property in sq.ft
  7. Bath – No. of bathrooms
  8. Balcony – No. of the balcony
Target variable:
  • Price – Value of the property in lakhs(INR)

Train dataset:

  • Contains all the features and target variable.
  • Contains 13,321 records.

Test dataset:

  • Contains all the features.
  • Contains 1,481 records.

Problem statement:

With the given 9 features(categorical and continuous) build a model to predict the price of houses in Bengaluru.

Evaluation Metric:

  • Root-Mean-Squared-Error (RMSE) between the logarithm of the predicted price value and the logarithm of the observed sales price.
  • Taking logs means that errors in predicting expensive houses and cheap houses will affect the result equally.

Project Directory layout:

.
├── code
│   └── Data_preparation_and_Analysis.ipynb
├── input
│   ├── sample_submission.xlsx
│   ├── test.csv
│   └── train.csv
├── README.md
└── submissions

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Analysis and prediction of house prices of Bengaluru - India.

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