CRISIL rated builders in Kerala, who makes best flats in Kerala
How to know if a builder is good in Kerala? How to know who makes best flats in Kerala? The best way is to check if they have a CRISIL rating. If they have been audited and certified by CRISIL, then you can be sure that the builder will hand over the flat in time and exactly to the agreed specifications.
The full form of CRISIL is 'Credit Rating and Information Services of India Limited' and it is a Multinational Company specialising in analysis and credit ratings. CRISIL is majority owned by Standard & Poor's (S&P) the Company that publishes stock market indices such as the U.S.-based S&P 500 and India's S&P CNX Nifty. S&P is considered the biggest credit-rating agency in the world. People all over the world believe in S&P's ratings without any doubt. In the same way a CRISIL rated property in Kerala can have our 100% faith that it will delivered on time as per the specifications.
Top rated builders in Kerala with CRISIL rating
Top rated builders in Kerala get their building projects audited by CRISIL and obtain Real Estate Star Ratings. For a Builder CRISIL offers the following Rating Scale:
- DA1: Excellent
- DA2: Very Good
- DA3: Good
- DA4: Below Average
- DA5: Poor
CRISIL star rated Apartment projects in Kerala
For specific real Estate projects CRISIL has the Real Estate Star Ratings which starts from the highest '7-Star’ to '1-Star' and finally the worst rating as a 'Non-Deliverable Project'. The criteria for awarding the CRISIL Star rating depends on the following:
- Quality of legal documentation: where CRISIL checks that the builder has all the proper legal documents and title to the property he is building on
- Construction related risks: where CRISIL checks about all engineering aspects of the project like foundation strength, earthquake resistance, structural integrity, corrosion resistance, etc.
- Financial flexibility/viability of the project: checks on the financial stability of the builder
- Builder's background: checks the background of the builder and track record of projects done by them.
A CRISIL Star rated property, even at the lowest 1-Star rating, is a sure sign that the project is viable and that it will be delivered on time and to the promised specifications which the builder has advertised.
Below we have a list of CRISIL rated properties in Kerala. This list will keep changing and we will keep it updated from time to time
| Project Name | Location | Developer Name | Star Ratings |
|---|---|---|---|
| Cochin/Kochi | |||
| Asset Casa Grande | Thevara, Kochi | Asset Homes Pvt Ltd | Kochi - 7 Star |
| Asset Silver Swan | Aluva, Kochi | Asset Homes Pvt Ltd | Kochi - 6 Star |
| Atria III | Pukattupady, Kochi | Confident Projects (India) Pvt Ltd | Kochi - 7 Star |
| Kent Nalukettu Palm Villas | Kochi | Kent Constructions | Kochi - 5 Star |
| PVS Iris | Aluva, Kochi | PVS Apartments | Kochi - 5 Star |
| Ivy League - Phase 1 | Kochi | Skyline Builders | Kochi - 7 Star |
| Ultima Skymax | Kochi | Ultima Builders and Developers | Kochi - 4 Star |
| Kottayam | |||
| ABAD Royal Gardens | Ettumannoor | ABAD Builders Pvt. Ltd. | Kottayam - 6 Star |
| KOZHIKODE/Calicut | |||
| Platinum Crescent | Kozhikode | Crescent Builders | Kozhikode - 4 Star |
| HiLITE Metromax | Kozhikode | HiLITE Builders Pvt Ltd | Kozhikode - 6 Star |
| THRISSUR/Trichur | |||
| Kalyan Habitat | Thrissur | Kalyan Developers | Thrissur - 6 Star |
| Paraparambil Residency | Thrissur | Ultima Builders and Developers | Thrissur - 4 Star |
| TRIVANDRUM | |||
| Asset Signature - Phase I | Trivandrum | Asset Homes Pvt Ltd | Trivandrum - 7 Star |
| Heera Infocity | Trivandrum | Heera Construction Company (P) Ltd | Trivandrum - 7 Star |
| SFS Cyber Palms | Trivandrum | Skyline Foundations & Structures (P) Ltd | Trivandrum - 7 Star |
