Mini Project Report:

City House Price Prediction

28 SHUBHAM JADHAV
32 TEJAS KAMBLE
34 KUNAL KATKE
41 ARJUN MHATRE

Introduction:
Machine learning plays a major role from past years in image
detection, spam reorganization, normal speech command, product
recommendation and medical diagnosis, etc.
In the present project we have discuss about the prediction of
housing prices that is generated by machine learning algorithm. For
the selection of prediction methods, we compare and explore
various prediction methods. We utilize linear regression method
because allows us to summarize and study the relationship
between two continuous quantitively variables.
We in that point recommend a housing cost prediction model to
support a house vender or a real estate agent for better information
based on the valuation of house.

Literal Survey:
This machine learning project walks through step-by-step process
of building a real estate price prediction model.
We have built a model using linear regression on Bangalore home
prices dataset from kaggle.com.
Methodology:

Linear regression models assume that the relationship between a

dependent continuous variable y and one or more explanatory
(independent) variables x is linear (that is, a straight line).
It’s used to predict values within a continuous range (e.g., sales,
price) rather than trying to classify them into categories (e.g., cat,
dog).

Advantages & disadvantages:

Machine learning is a subfield of artificial intelligence (ai) that works
with algorithms and technologies to extract useful information from
data.
Machine learning in computer science attempts to solve problems
algorithmically rather than purely mathematically. Therefore, it is
based on creating algorithms that permit the machine to learn.
The performance will be measured upon predicting house prices
since the prediction in many regression algorithms relies not only on
a specific feature but on an unknown number of attributes that
result in the value to be predicted. House prices depend on an
individual house specification. Houses have a variant number of
features that may not have the same cost due to its location.
For instance, a big house may have a higher price if it is located in
desirable rich area than being placed in a poor neighborhood.

Result:

Conclusion:
This Machine Learning project takes you through the steps of
creating a real estate price prediction model step by step.
On the Bangalore Home Prices Dataset from Kaggle.Com, we built
a model using linear regression.
Then allows the user to input information like as square footage,
bedrooms, and so on, and it calculates the price of the home.
Almost all data science concepts were covered during model
building, including data loading and cleaning, feature engineering,
outlier detection and removal, dimensionality reduction, building a
model, testing the model, and so on.
Wise Use Of Technology And Tools This undertaking will be
covered.