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Square Yards has entered into a partnership with Reserve Bank Innovation Hub to offer digital property valuation and title search services via the Unified Lending Interface. Announced in the past week, the collaboration aims to support financial institutions by providing structured real estate data for credit assessment. The platform integrates over 100 million digitised property registration records across multiple states, including Maharashtra, Karnataka and Tamil Nadu. It aggregates information from registration documents, listings, regulatory filings and circle rates, enabling lenders to access verified transaction histories, ownership records and valuation benchmarks. The initiative is expected to streamline digital lending processes by improving data accessibility and reducing reliance on manual verification systems.
Square Yards has partnered with the Reserve Bank Innovation Hub in the past week to provide digital property valuation and title search services through the Unified Lending Interface, with the aim of supporting financial institutions in streamlining credit assessment processes across India. Advertisement
Under the agreement, Square Yards will act as a data service provider on the ULI platform, which is being developed as part of a broader effort to digitise and standardise lending workflows. The company has built a structured database of more than 100 million property registration records, covering multiple states including Maharashtra, Karnataka, Telangana, Andhra Pradesh, Tamil Nadu, Uttar Pradesh, Delhi and Kerala.
The dataset has been compiled by aggregating information from several sources such as property registration records, online listings, regulatory filings and government benchmarks including circle rates. It captures key attributes such as property identifiers, transaction values, ownership details and registration timelines. This information is intended to enable lenders to verify ownership history and assess property values with greater accuracy.
As part of the collaboration, Square Yards will provide two primary services digital property valuation and title search reports through the ULI platform. These services are designed to assist banks, non-banking financial companies and housing finance institutions in conducting due diligence and risk assessment during loan processing. By integrating verified property data into a single interface, the platform seeks to reduce the time required for manual verification and improve consistency in lending decisions.
The Unified Lending Interface is being positioned as a digital infrastructure layer for the financial sector, intended to facilitate seamless access to borrower and asset-level data. Within this framework, real estate data is expected to play a critical role in mortgage underwriting, given the reliance on property-backed collateral in housing finance.
Square Yards indicated that its digitisation efforts have focused on converting fragmented and largely paper-based property records into a standardised, machine-readable format. This process includes handling diverse data formats, regional language variations and unstructured address systems, enabling integration into digital lending platforms.
The collaboration reflects a broader shift towards data-driven lending practices in the real estate sector, where financial institutions are increasingly relying on structured datasets to support valuation and credit decisions. The integration of property data services into ULI is expected to enhance transparency in property transactions and improve efficiency in loan disbursal processes, particularly in markets where documentation and verification timelines have traditionally been lengthy.
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