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Indian Hotel Industry:April 2017: Monthly Updates        Supreme Court’s order disallowing tariff relief for APL and CGPL is a negative development; however tariff relief likely for projects affected by shortfall in domestic coal        Indian Mining And Construction Equipment Industry: April 2017: Monthly Updates        FII inflows into Indian debt market in FY2018 expected to be limited to US$5-10 billion, led by G-sec, corporate debt        FII inflows into Indian debt market in FY2018 expected to be limited to US$5-10 billion, led by G-sec, corporate debt        Indian Sugar Sector: April 2017: Monthly Update        Wind capacity addition in near term to depend upon firm plans for bidding & PPA signing by utilities; solar capacity addition to remain strong (7-7.5 GW) backed by project pipeline        Indian Retail Non-Banking Finance Market: Retail NBFCs expected to witness growth moderation and asset quality pressures in the near-medium term        All available volume-based indicators in the green in March 2017, in the most broad-based uptick since the note ban        Direct Port Delivery model faces hurdles in attracting more registrations as customers continue to prefer the CFS route       
 
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Supreme Court’s order disallowing tariff relief for APL and CGPL is a negative development; however tariff relief likely for projects affected by shortfall in domestic coal
Indian Mining And Construction Equipment Industry: April 2017: Monthly Updates
Indian Hotel Industry:April 2017: Monthly Updates
FII inflows into Indian debt market in FY2018 expected to be limited to US$5-10 billion, led by G-sec, corporate debt
More...
 
REAL ESTATE GRADING

GRADING OF REAL ESTATE DEVELOPERS AND PROJECTS

ICRA’s service of Grading of Real Estate Developers and Projects, by providing an independent opinion on the relative performance capability of real estate development entities, seeks to serve as a tool for identifying and managing the risks associated with the entities concerned. For the investor (buyer of property), the Gradings communicate the risks associated with the developer’s ability to deliver in accordance with the terms, quality parameters, and time stipulated. For developers, the Gradings, by providing a scientific assessment of their abilities and risk profiles, serve to assist them in presenting their case to lenders.

Grading Scale for Real Estate Developers:

DR1    Very strong project execution capacity
DR2    Strong project execution capacity
DR3    Moderate project execution capacity
DR4    Inadequate project execution capacity
DR5    Weak project execution capacity

Note:The suffix of ‘+’ or ‘-’ may be used with the grading symbol (from DR2 to DR4) to indicate the comparative position within the group covered by the symbol.

ICRA Grading Symbols for the Real Estate Projects:  ICRA Real Estate-Star Grading

ICRA grades real estate projects on an eight-point scale from "Seven-Star" through to "One-Star" and finally "Weak", with "Seven-Star" being the highest grade and "Weak" the lowest. An ICRA-assigned real estate grade is an evaluation of the prospects of successful implementation of the real estate project concerned and transfer of ownership in accordance with the agreed terms on a relative scale. The grade assigned is specific to the city/area in which the project is being developed, and the name of the city/area is prefixed to the grade assigned


ICRA Grading Symbols for the Consultants and their implications are as follows:

CT1    Very strong project engineering/project management services capacity
CT2    Strong project engineering/project management services capacity
CT3    Moderate project engineering/project management services capacity
CT4    Inadequate project engineering/project management services capacity
CT5    Weak project engineering/project management services capacity

Note: The suffix of ‘+’ or ‘-’ may be used with the grading symbols (from CT2 to CT4) to indicate the comparative position within the Grading category concerned


ICRA Grading Feature

ICRA Real Estate Star Grading


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