CRISIL REAL ESTATE STAR RATINGS
CRISIL Real Estate Star Ratings provide city specific all-round assessment of real estate projects and help buyers benchmark and identify quality projects within their city.
CRISIL Real Estate Star Ratings address two critical needs in the realty sector: improved transparency and objective benchmarking of projects.
The key factors evaluated in the Star Ratings process are
- quality of legal documentation,
- construction related risks,
- financial flexibility/viability of the project besides the background, and
- track record of the project sponsor.
Star Ratings is based on an eight-point scale that is specific to the city— from ‘City 7-Star’, the highest, to ‘City 1-Star’, the lowest being 'Non-Deliverable Project'.
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