The conference agenda provides an overview and details of sessions. In order to view sessions on a specific day or for a certain room, please select an appropriate date or room link. You may also select a session to explore available abstracts and download papers and presentations.
10-12: Governance of Real Estate
Property Based Information Systems of Turkey
General Directorate of Land Registy and Cadastre, Turkey
Innovative policies following TKGM, also has a modern and integrated system of land registry and cadastre information. Two of the most important of these systems are TAKBIS and MEGSIS.
Land Registry and Cadastre Information System (TAKBIS) is one of the basic e-State projects aiming at uploading all ownership information within the country and allow people to search all kinds of answers in the electronic environment. The purpose is to allow carry out all kinds of transactions online; this would allow effective follow and control of both private and state immoveable properties by computers.
Another significant IT Project is MEGSIS. MEGSIS is a web-based application software; harnessing title deed and cadastral data. It is an open-source application developed by General Directorate of Land Registry and Cadaster, where cadaster data are collected by the center system from local users in the cadaster offices in digital .cad format and are harmonized with land registry data in order to be submitted to stakeholder institution, organization, municipalities and citizens by e-government link. There are about 70 million land parcels in the MEGSIS system. All the 70 million parcels can be queried in conjunction with the ownership data by users.
REGIA: creating new context for better governance
State Enterprise Centre of Registers, Lithuania
REGIA is a free GIS based cloud platform developed by the Lithuania’s Centre of Registers. In its core, REGIA is an interactive map loaded with multiple data layers, combining administrative data, data search and management tools, messaging, as well as other interaction functionalities, and an API providing application development and integration capabilities for third parties.
Principles woven into very fabric of the REGIA are those of voluntary participation, crowdsourcing, and open data. It is noteworthy that within two years after introduction of this platform all 60 municipalities and number of government institutions of Lithuania adopted REGIA.
In terms of technology REGIA is relatively simple, low cost solution that took approx. $100,000 USD to develop. Yet it’s not the technology or data itself that makes REGIA worth replicating in other countries, but rather the whole new contexts for decision making that are being created by combining multiple data layers together.
The impact REGIA has made in Lithuania over the course of past few years transformed the ways in which municipalities as well as government institutions use to disclose information, engage in collaboration with residents and local communities, address decision making, organize problem mapping, manage day-to-day activities, and perform many other tasks.
Formalizing Real Estate Markets Within Europe, Structural Reforms And Challenges
INTERNATIONAL FEDERATION OF SURVEYORS FIG
This paper investigates experience in real estate markets, mainly gained from ECA economies in transition, as well as from European countries affected by the economic crisis, identifies major challenges and aims to improve awareness and increase capacity among professionals in the private and public sectors and in academia, on the basic principles of the framework policy for establishing sustainable real estate markets. The research aims to point out the fields where reforms are needed as well as the need for coordination of policies. Results of this research may be useful in other regions as well.
The topics that are addressed include recent examples, lessons-learnt and remaining challenges from various countries, with a particular emphasis on introducing the use of modern technologies and fit-for-purpose land administration, land use framework and spatial planning; alternative land dispute resolution/ mediation; the potential of crowdsourcing in improving the availability of land information and market data; regulating the necessary professional services; the challenge of converting dead capital (unused or underused land and real estate) into productive capital to increase employment and reduce poverty; developing sustainable financing to encourage private investment in real estate; property taxation; developing social housing/affordable housing policy; and improving professional capacity and training.
International Property Market Scorecard – A Tool for Data Collection
1The International Real Property Foundation, United States of America; 2World Citizen Consulting; 3Center for International Private Enterprise
Understanding property rights often remains limited to property titles, without deeper appreciation of the underlying and interconnected institutions that make property rights meaningful and contributing to overall economic development. Though in most countries private property rights are legally protected that protection changes greatly in practice because the implementing rules and data collection that shape property market transparency remain weak. The International Property Markets Scorecard is a tool that collects data from 54 different indicators under six core elements: property rights laws and enforcement, access to credit by small businesses, efficiency of governance, rational dispute resolution, financial transparency, and appropriate regulations. These map the institutional components of property markets and evaluates their effectiveness.
The Scorecard has two levels of study: secondary research and field assessments of current property market conditions. The implementation of the Scorecard has proven successful in a multiregional study in Armenia, China, Kenya and the Philippines by collecting data and identifying underlining obstacles that small businesses face in urban commercial property markets. Therefore, the Scorecard is a mechanism for in-country reformers, international policy advisors, and market analysts as it provides comprehensive snapshots of market conditions, identifying key areas for reform and market risks.