Rohan is proud to receive
"CRISIL rating for Real Estate Developers"-
DA2+
Ratings
of Real Estate Developers
CRISIL rating for Real Estate Developers is
a measure of their past track record in executing
real estate projects and their organisational
and financial risk profiles. It is not a rating
of developer's credit quality. Developers' track
record is analyse with reference to their track
record of legal compliance, types of projects
undertaken, adherence to construction schedules
and market perception about the developer.
The key factors that would be considered for
assessing organisational and financial risk
include: the extent of structured quality systems,
organisational structure, existing financial
position, financial flexibility, management
evaluation and strategies about taking up and
executing real estate projects.
CRISIL Rating Symbols for Real Estate Developers
The Rating symbols of Real Estate Developers'
rating use the letter, DA indicating Developer's
Ability to execute projects, as suggested by
his track record.
DA1 : Excellent
The developer's past track record in executing
real estate projects as per specified quality
levels and transferring clear title within stipulated
time schedule, is excellent.
DA2+: Very Good
The developer's past track record in executing
real estate projects as per specified quality
levels and time schedules and transferring clear
title, is very good.
DA2: Very Good
The developer's past track record in executing
real estate projects as per specified quality
levels and time schedules and transferring clear
title, is very good.
DA3 : Good
The developer's past track record in executing
real estate projects to reasonable quality levels
and time schedules and transferring clear title,
is good.
DA4 : Unsatisfactory
The developer's past track record in executing
real estate projects as per specified quality
levels and time schedules and transferring clear
title, is unsatisfactory.
DA5 : Poor
The developer's past track record in executing
real estate projects as per specified quality
levels and time schedules and transferring clear
title, is poor.
