Real Estate Star Rating

  • Overview
  • Rating Criteria and Scale
  • Rated Projects

Need

The real estate Industry being highly fragmented with regional dynamics and smaller players is marred with a low level of Investor trust. Although the emergence of large corporate houses is bringing some level of transparency, there are no set benchmarks to differentiate one from another.

A home buyer when looking at investing in a property is investing his entire life’s savings. Hence, there is an increasing need to distinguish real estate projects on parameters such as developer quality, his track record in the industry, timeliness of project completion, construction quality, financial prudence, amenities provided, legal aspects, etc.

CARE REAL ESTATE STAR RATING delves upon these critical aspects enabling investors and individuals to make informed decisions. It also helps in due diligence activities conducted by PE Investors and Banks during funding of the projects

Approach

CARE undertakes the Real Estate Star Rating exercise by implementing its plethora of analytical expertise. CARE’s dedicated team undertakes an extensive assessment of the project based on information and documents provided by the client. The team also meets the client’s management and their project related teams, conducts site visit, analyses his past projects, assess the city and the project location along with project financial/ break-even analysis. The primary focus is to determine the quality of the particular real estate project. After analyzing the set parameters, a rating will be assigned and the project would be under surveillance throughout its tenure.

Process Flow:

To Get Your Projects Rated


care@careratings.com

Call Us on +91 22 6754 3456

Testimonials

Ashok Dang, VP-Finance, Parsvnath Developers Ltd.

A good project rating, a very transparent process, from a reputed rating agency like CARE is not only a feather in the cap but also helps in improving the customers confidence in the project. Through the continuous monitoring system, it also put pressures on the developer to maintain the set standards.

Rating Criteria:

The Real Estate Star Rating would involve detailed examination of critical factors, which would help the investor to evaluate the project:

Rating Scale:

To Get Your Projects Rated


care@careratings.com

Call Us on +91 22 6754 3456

Testimonials

Ashok Dang, VP-Finance, Parsvnath Developers Ltd.

A good project rating, a very transparent process, from a reputed rating agency like CARE is not only a feather in the cap but also helps in improving the customers confidence in the project. Through the continuous monitoring system, it also put pressures on the developer to maintain the set standards.

Project Name : Hiland Greens (Phase I & II)
Developer Name : Riverbank Developers Private Limited
Star Rating Assigned : kolkata- 7 star
+ view details
Project Name :
Hiland Greens (Phase I & II)
Month & Year :
May/2017
Developer Name :
Riverbank Developers Private Limited
Star Rating Assigned :
kolkata- 7 star
Key Features :
Project Name : Aloha
Developer Name : Cubatic Shimul Ventures Pvt. Ltd.
Star Rating Assigned : Bengaluru- 4 star
+ view details
Project Name :
Aloha
Month & Year :
Jan/2017
Developer Name :
Cubatic Shimul Ventures Pvt. Ltd.
Star Rating Assigned :
Bengaluru- 4 star
Key Features :
Project Name : The Gran Carmen Address (TGCA)
Developer Name : Indiabuild Villas Development Pvt Ltd
Star Rating Assigned : Bengaluru- 6 Star
+ view details
Project Name :
The Gran Carmen Address (TGCA)
Month & Year :
Oct/2016
Developer Name :
Indiabuild Villas Development Pvt Ltd
Star Rating Assigned :
Bengaluru- 6 Star
Key Features :
Project Name : Siddha Galaxia Phase II
Developer Name : Siddha Sphere LLP
Star Rating Assigned : kolkata- 6 star
+ view details
Project Name :
Siddha Galaxia Phase II
Month & Year :
Oct/2016
Developer Name :
Siddha Sphere LLP
Star Rating Assigned :
kolkata- 6 star
Key Features :
Project Name : Oxygen (Phase I & II)
Developer Name : Urban Tree Infrastructures Private Limited
Star Rating Assigned : Chennai 5-Star
+ view details
Project Name :
Oxygen (Phase I & II)
Month & Year :
Jun/2016
Developer Name :
Urban Tree Infrastructures Private Limited
Star Rating Assigned :
Chennai 5-Star
Key Features :
Project Name : Wow
Developer Name : Urban Tree Infrastructures Private Limited
Star Rating Assigned : Chennai 5-Star
+ view details
Project Name :
Wow
Month & Year :
Jun/2016
Developer Name :
Urban Tree Infrastructures Private Limited
Star Rating Assigned :
Chennai 5-Star
Key Features :
Project Name : One Avighna Park
Developer Name : One Avighna Park by Nish Developers Pvt. Ltd.
Star Rating Assigned : Mumbai 7-Star
+ view details
Project Name :
One Avighna Park
Month & Year :
May/2016
Developer Name :
One Avighna Park by Nish Developers Pvt. Ltd.
Star Rating Assigned :
Mumbai 7-Star
Key Features :
Project Name : Flushing Meadows
Developer Name : Flushing Meadows by Elysium Real Properties Pvt. Ltd.
Star Rating Assigned : Withdrawn
+ view details
Project Name :
Flushing Meadows
Month & Year :
May/2016
Developer Name :
Flushing Meadows by Elysium Real Properties Pvt. Ltd.
Star Rating Assigned :
Withdrawn
Key Features :
Project Name : Villa Park
Developer Name : Villa Park by Elysium Real Properties Pvt. Ltd.
Star Rating Assigned : Withdrawn
+ view details
Project Name :
Villa Park
Month & Year :
May/2016
Developer Name :
Villa Park by Elysium Real Properties Pvt. Ltd.
Star Rating Assigned :
Withdrawn
Key Features :
Project Name : Tritvam
Developer Name : Tritvam by TRIF kochi projects Pvt. Ltd.
Star Rating Assigned : Kochi 7-Star
+ view details
Project Name :
Tritvam
Month & Year :
May/2016
Developer Name :
Tritvam by TRIF kochi projects Pvt. Ltd.
Star Rating Assigned :
Kochi 7-Star
Key Features :
Project Name : Aloha
Developer Name : Cubatic Shimul Ventures Pvt. Ltd.
Star Rating Assigned : Bengaluru-5 Star
+ view details
Project Name :
Aloha
Month & Year :
Aug/2015
Developer Name :
Cubatic Shimul Ventures Pvt. Ltd.
Star Rating Assigned :
Bengaluru-5 Star
Key Features :
Project Name : Mahagun Moderne
Developer Name : Mahagun Real Estate Private Limited
Star Rating Assigned : 5-Star
+ view details
Project Name :
Mahagun Moderne
Month & Year :
Jun/2015
Developer Name :
Mahagun Real Estate Private Limited
Star Rating Assigned :
5-Star
Key Features :
Project Name : Vaishnavi Estates Private Limited
Developer Name : Vaishnavi Estates Private Limited
Star Rating Assigned : Suspended
+ view details
Project Name :
Vaishnavi Estates Private Limited
Month & Year :
Apr/2015
Developer Name :
Vaishnavi Estates Private Limited
Star Rating Assigned :
Suspended
Key Features :
Project Name : Mahagun Mezzaria
Developer Name : Nexgen Infracon Private Limited
Star Rating Assigned : NCR 5-star
+ view details
Project Name :
Mahagun Mezzaria
Month & Year :
Mar/2015
Developer Name :
Nexgen Infracon Private Limited
Star Rating Assigned :
NCR 5-star
Key Features :
Project Name : Mahagun Mirabella
Developer Name : Golfgreen Infra Private Limited
Star Rating Assigned : NCR 5-Star
+ view details
Project Name :
Mahagun Mirabella
Month & Year :
Mar/2015
Developer Name :
Golfgreen Infra Private Limited
Star Rating Assigned :
NCR 5-Star
Key Features :
Project Name : Arihant Adita
Developer Name : Arihant Superstructures Ltd
Star Rating Assigned : Suspended
+ view details
Project Name :
Arihant Adita
Month & Year :
Mar/2015
Developer Name :
Arihant Superstructures Ltd
Star Rating Assigned :
Suspended
Key Features :
Project Name : Imperial Estate
Developer Name : SPR Buildtech
Star Rating Assigned : Suspended
+ view details
Project Name :
Imperial Estate
Month & Year :
Mar/2015
Developer Name :
SPR Buildtech
Star Rating Assigned :
Suspended
Key Features :
Project Name : Galaxy North Avenue - II
Developer Name : Galaxy Dream Home Devlopers Pvt. Ltd.
Star Rating Assigned : Suspended
+ view details
Project Name :
Galaxy North Avenue - II
Month & Year :
Mar/2015
Developer Name :
Galaxy Dream Home Devlopers Pvt. Ltd.
Star Rating Assigned :
Suspended
Key Features :
Project Name : The Aranya (Phase I)
Developer Name : Unnati Fortune Holdings Limited
Star Rating Assigned : Suspended
+ view details
Project Name :
The Aranya (Phase I)
Month & Year :
Mar/2015
Developer Name :
Unnati Fortune Holdings Limited
Star Rating Assigned :
Suspended
Key Features :
Project Name : Swarnamani
Developer Name : MANI SQUARE LTD
Star Rating Assigned : Suspended
+ view details
Project Name :
Swarnamani
Month & Year :
Mar/2015
Developer Name :
MANI SQUARE LTD
Star Rating Assigned :
Suspended
Key Features :
Project Name : Viverra (Phase-I)
Developer Name : Pawan Edifice Pvt. Ltd.
Star Rating Assigned : Suspended
+ view details
Project Name :
Viverra (Phase-I)
Month & Year :
Mar/2015
Developer Name :
Pawan Edifice Pvt. Ltd.
Star Rating Assigned :
Suspended
Key Features :
Project Name : Iscon Platinum
Developer Name : JP Iscon Limited
Star Rating Assigned : Suspended
+ view details
Project Name :
Iscon Platinum
Month & Year :
Mar/2015
Developer Name :
JP Iscon Limited
Star Rating Assigned :
Suspended
Key Features :
Project Name : Mani Tirumala
Developer Name : Mani Tirumala Project Private Limited
Star Rating Assigned : Suspended
+ view details
Project Name :
Mani Tirumala
Month & Year :
Mar/2015
Developer Name :
Mani Tirumala Project Private Limited
Star Rating Assigned :
Suspended
Key Features :
Project Name : Parsvnath Privilege
Developer Name : Parsvnath Developers Limited.
Star Rating Assigned : Suspended
+ view details
Project Name :
Parsvnath Privilege
Month & Year :
Oct/2014
Developer Name :
Parsvnath Developers Limited.
Star Rating Assigned :
Suspended
Key Features :
Project Name : Wegmans Business Park – Phase I
Developer Name : WEGMANS INDUSTRIES PRIVATE LIMITED
Star Rating Assigned : NCR 7-Star
+ view details
Project Name :
Wegmans Business Park – Phase I
Month & Year :
Oct/2014
Developer Name :
WEGMANS INDUSTRIES PRIVATE LIMITED
Star Rating Assigned :
NCR 7-Star
Key Features :
Project Name : Red Fort Parsvnath Tower
Developer Name : Parsvnath Estate Developers Private Limited
Star Rating Assigned : Withdrawn
+ view details
Project Name :
Red Fort Parsvnath Tower
Month & Year :
Sep/2014
Developer Name :
Parsvnath Estate Developers Private Limited
Star Rating Assigned :
Withdrawn
Key Features :
Project Name : The Gran Carmen Address (TGCA)
Developer Name : Indiabuild Villas Development Pvt Ltd
Star Rating Assigned : Bengaluru- 6 Star
+ view details
Project Name :
The Gran Carmen Address (TGCA)
Month & Year :
Jun/2014
Developer Name :
Indiabuild Villas Development Pvt Ltd
Star Rating Assigned :
Bengaluru- 6 Star
Key Features :
Project Name : Galaxy Vega
Developer Name : Panch Tatva Promoters Private Limited
Star Rating Assigned : NCR 4-Star
+ view details
Project Name :
Galaxy Vega
Month & Year :
Jun/2014
Developer Name :
Panch Tatva Promoters Private Limited
Star Rating Assigned :
NCR 4-Star
Key Features :
Project Name : PARISHKAAR-II (PHASE-I)
Developer Name : Safal Homes
Star Rating Assigned : Withdrawn
+ view details
Project Name :
PARISHKAAR-II (PHASE-I)
Month & Year :
Mar/2014
Developer Name :
Safal Homes
Star Rating Assigned :
Withdrawn
Key Features :
Project Name : Tritvam
Developer Name : TRIF Kochi Projects Private Limited.
Star Rating Assigned : Kochi 7-Star
+ view details
Project Name :
Tritvam
Month & Year :
Feb/2014
Developer Name :
TRIF Kochi Projects Private Limited.
Star Rating Assigned :
Kochi 7-Star
Key Features :
Project Name : Paarijat Residences
Developer Name : Safal Constructions Private Limited
Star Rating Assigned : Withdrawn
+ view details
Project Name :
Paarijat Residences
Month & Year :
Dec/2013
Developer Name :
Safal Constructions Private Limited
Star Rating Assigned :
Withdrawn
Key Features :
Project Name : Ambady’s Green Meadows-Phase (I)
Developer Name : Ambady Tourist Enterprises Pvt Ltd
Star Rating Assigned : Withdrawn
+ view details
Project Name :
Ambady’s Green Meadows-Phase (I)
Month & Year :
Dec/2013
Developer Name :
Ambady Tourist Enterprises Pvt Ltd
Star Rating Assigned :
Withdrawn
Key Features :
Project Name : G.K’s Pride-Phase(I)
Developer Name : G.K.ARPL Ventures
Star Rating Assigned : Withdrawn
+ view details
Project Name :
G.K’s Pride-Phase(I)
Month & Year :
Jun/2013
Developer Name :
G.K.ARPL Ventures
Star Rating Assigned :
Withdrawn
Key Features :
Project Name : Sheel Kunj
Developer Name : Indus Valley Promoters Ltd
Star Rating Assigned : Withdrawn
+ view details
Project Name :
Sheel Kunj
Month & Year :
Feb/2013
Developer Name :
Indus Valley Promoters Ltd
Star Rating Assigned :
Withdrawn
Key Features :