Genesys International wins Rs46 crore order for land titling project by Andhra Pradesh govt

12 Oct 2022 , 09:32 AM

Genesys International Corporation has won a Rs46 crore project for resurveying with modern technology using CORS Network, GNSS Receiver, and Aerial Systems from the Andhra Pradesh government.

The project will make use of the company’s recently launched Genesys Constellation, which is India’s most comprehensive range of aerial, mobile, and terrestrial sensors that converts everyday objects into data sources.

The deregulation of geospatial space has provided the industry a significant boost, and it will enable companies like Genesys better serve the public and private sectors. Projects like land titling digitalization are examples of how the public sector is leveraging the latest technologies / initiatives enabled by the deregulation.

As part of the project, Genesys Constellation will demarcate residential zones, farms, and other natural and infrastructural characteristics, as well as property mapping and data digitization across the state. The project is planned to be finished this fiscal year.

Sajid Malik, Chairman and Managing Director of Genesys International Corporation Limited, commented on the collaboration with Andhra Pradesh Government, saying, “We take great pride in our involvement in this important initiative that will modernize Andhra Pradesh’s land records and build a digital infrastructure. For Genesys, key digital infrastructure layers is one of our key focus areas and we are aggressively working with stake holders to solve their pain points.”

The resurveying is enabled by the sensors in the Genesys Constellation that provide the biggest swath in the world, which is generated by a single frame that captures more than 25000 pixels.

Due to its capacity for acquiring highly accurate data sets at high speeds, it will be able to reduce longstanding problems with land titling and the ensuing legal issues with land records, which obstruct the acquisition of land for numerous infrastructure projects and present serious difficulties.”

Genesys, which has partnered with companies like Google, ESRI and Bentley to launch services such as ‘Street View’ and ‘3D City Digital Twin Solution’, is hopeful that this initiative will further gain momentum in other Indian states and usher in an era of modernization in the land recording.

At around 9:32 AM, Genesys International Corporation Ltd is currently trading at Rs565.65 per share up by Rs4.9 or 0.87% from its previous closing of Rs560.75 per share on the BSE.

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