GeoRisk API for Identifying A Property’s Associated Geographic Risks

Hyspace offers a comprehensive location-based property risk product for use in the finance, insurance, policy/regulation, and property development sectors as well as future industrial and independent property owners and tenants. Risk categories include lakebed encroachment, distance from the nearest city center, flood risk, earthquake risk, road access to the property, and more through a single, easy-to-use API. The SkyServe GeoRisk API is useful for those working with multiple properties at scale or needs to track properties on a regular basis.

If a natural disaster can impact a property, GeoRisk can predict it; if a property is on an encroached lakebed, GeoRisk can be used to generate a warning. Use cases are multi-fold and GeoRisk can help build myriad quantitative risk products for the market.

Case study

A Non-Banking Financial Company (NBFC) offers pre-approved loans for house construction without having the ability to assess the risks of default or without being able to estimate the returns (rent, re-sale value, etc.). An applicant takes a loan to construct land that encroaches upon a seasonal dry lakebed. Due to flooding during rain, neighboring residents file a complaint, and the municipal corporation decides to raze the property. The applicant defaults on repaying the loan, and the NBFC writes it off.


Data required to identify or predict location-based property risk is oftentimes expensive, hard to access, and sometimes just not available for every region with the same consistency. It is possible to obtain this information using satellite imagery and compute the required geospatial data that can inform a user of these risks.

Do we have the right data to understand the risk before diving into a decision to buy, lend or insure? How can a bank be well-equipped to open lending operations in a new town, district, or state?


The SkyServe GeoRisk API returns structured geographic risk data against property coordinates (latitude, longitude). In the case of the NBFC, lake encroachment would be flagged by the GeoRisk response. Even the loan applicant could have assessed the legality of the land before purchasing or taking further liability through the construction activity.

Hyspace Technologies
Figure 1: GeoRisk response when querying a property built on the encroached lake bed

API Features

Input: Verified location coordinates (Latitude, Longitude) – [API test sandbox link]


Distance of the property From the city center [m]Flood Prone Area or NotWithin or Outside Green Belt
Water Availability: Scarce / Average / GoodStorm Water Drainage: On a drain / 10m from a drain / 30m from a drain / ≥ 500m from a drainWithin 100m from an ASI-certified spot, temple, or Identified National Monument: Yes / No
Accessibility of Property: Landlocked / One-side Access / Accessible from two sides / NoneOn Old & Congested Narrow Lane (15 feet or less road width): Yes / NoWhether the property is within City Corporation Limits / Zilla Panchayat / Town Panchayat or Municipality / Gram or Village Panchayat Limits
Whether property is within City Corporation Limits / Zilla Panchayat / Town Panchayat or Municipality / Gram or Village Panchayat LimitsSeismic Zone: Zone-II / Zone-III / Zone-IV / Zone-VWind and Cyclone Zone: Low Damage Risk Zone/ Moderate Damage Risk Zone – A/ Moderate Damage Risk Zone – B / High Damage Risk Zone / Very High Damage Risk Zone

*Currently available for Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, Tamil Nadu, and Telangana.

Leave a Comment