Intellectual Property India Publishes Patent Application for 'Machine Learning System For Batch Appraisal Of Cccl Market-Entry Prices' Filed by Lovely Professional University

MUMBAI, India, Jan. 8 -- Intellectual Property India has published a patent application (202511104643 A) filed by Lovely Professional University, Phagwara, Punjab, on Oct. 30, 2025, for 'machine learning system for batch appraisal of cccl market-entry prices.'

Inventor(s) include Aman Mittal; Dr. Sunaina Ahuja; Dr. Sachin Kumar Singh; and Rishi Chopra.

The application for the patent was published on Dec. 12, under issue no. 50/2025.

According to the abstract released by the Intellectual Property India: "A machine learning system for batch appraisal of CCCL market-entry prices comprising a data acquisition module 101 configured to collect land characteristics, township economic indicators, and market-entry approach details from pilot reform areas, an indicator construction module 102 generates a comprehensive indicator system reflecting key factors affecting CCCL prices, a model training module 103 trains multiple machine learning models, including Random Forest (RF), Back Propagation Neural Network (BPNN), and Support Vector Machine (SVM), using historical transaction data, a model evaluation module 104 validates and compares the models based on prediction accuracy and mean absolute error (MAE), a price prediction module 105 generates accurate market-entry price estimations for CCCL parcels, achieving prediction accuracy exceeding 90%."

Disclaimer: Curated by HT Syndication.