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Indian Tractor Industry – Monthly Update        Indian Sugar Sector: De-growth in domestic sugar consumption in SY2017 unlikely to affect price and profitability        Indian Mortgage Finance Market Update for 9MFY2017: Affordable housing segment to remain key growth driver Performance Review of Housing Finance Companies and Industry Outlook        Indian Construction Sector: Revival of irrigation sector backed by adequate funding support is a credit positive for construction companies        Apparel And Fabric Industry: Apparel And Fabric Industry In Knots Over Sluggish Exports, Demonetisation Woes        Half of the available indicators recorded improvement in February 2017, while an unfavourable base led to deterioration in some of the other indicators        Telecom Tower Sector: Growing Data Tenancies And Strong Financial Position Are Positives Despite Headwinds From Stress In Telecom Sector        INR rises to 16-month high on risk-on sentiment, lower crude prices; global risks, domestic earnings to dictate outlook        Indian Steel Industry: Sluggish domestic demand weighs down on steel prices        Indian Corporate Sector: Trends & Outlook       
 
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Indian Sugar Sector: De-growth in domestic sugar consumption in SY2017 unlikely to affect price and profitability
Indian Tractor Industry – Monthly Update
Half of the available indicators recorded improvement in February 2017, while an unfavourable base led to deterioration in some of the other indicators
Indian Construction Sector: Revival of irrigation sector backed by adequate funding support is a credit positive for construction companies
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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