Frequently Asked Questions
Please read the information below and get answers to the most commonly asked questions. In case you are unable to find the right answer, feel free to drop a line to us and we will be happy to help.
A project rating represents the rating agency’s opinion in terms of documentation, quality, finish, amenities, locational attributes & timely construction of the project. Each project is audited on individual basis at different stages of construction and the rating may differ at each stage on the basis of performance. Rated project is awarded with stars having following gradation.
There are various parameters for project rating. We thoroughly go for:
The authenticity of project rating is always higher if it is audited by an independent & reputed third party.
It would surely help if the project is listed along with a quality seal which represents the standard of the project. This can be a vital factor for buyer/investor for short listing the project.
Project rating is an advantage for Real Estate Developers since it may help him to fetch a premium for his project and help him to differentiate his project from the clutter.
Its an age of competition and here everyone says “I’m the best” and it becomes very tough to choose a project from a pool. Project rating certification gives clear picture that project has been inspected on different parameters including documentation. It assures higher safety, lower maintenance cost, and high resale value in comparison with other projects. Project Rating works as an assurance for the buyer.