Hyderabad February 18, 2014:- “BRC Sri Hemadruga Sivhills—Phase 1(building E & Building G)” of Hyderabab based “BRC Infra Private Limited” gets CRISIL’s Real Estate City Star Ratings.
CRISIL, a global analytical company providing Ratings, Research and Risk & Policy Advisory services after due consideration assigned a “Hyderabad 5 Star(pronounced “Hyderabad 5 Star) rating to the captioned real estate project—“BRC Sri Hemadurga Sivhills—Phase 1(Building e & Building G)”. The Rating ‘City 7 Star’ is the highest rating and ‘City 1 Star’ is the lowest rating in the category. BRC Sri Hemadurga Sivhills got 5 Star.
This Rating indicates the quality of the real estate project as per specifications, a communication received from CRISIL says. CRISIL also rated the bank facility of BRC Infra Pvt Ltd as BB-/Stable (Assigned).
CRISIL’s Real Estate City Star rating reflects CRISIL’s opinion on the quality of the real estate project as per specifications.
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.
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’. In this case BRC Sri Hemadurga Sivhills got Hyderabad 5 Star Rating. It is one of the very few projects in city to have got CRISIl Ratings.
The Rating was awarded to us after going through the very stringent Procedures shows our commitment for transparency and also engages customers with information rather than marketing so as to enable them to take a wise and informed decision. It is upto the customers to decide about the project, said Bhaskar Babu, Director of BRC Infra Pvt. Ltd.
The star ratings differentiate the genuine builders from the others and help in gaining the trust of the customers informed Bhaskar Babu, Director of BRC Infra Pvt. Ltd. The key factors evaluated in the star ratings process are quality of legal documentation, construction related risks, financial flexibility of the project, innovative attributes of the project besides the background and track record of the project sponsor.
BRC INFRA is a one and half decade old company engaged into Residential & Commercial properties, launched its ambitious residential project under its flagship brand “Hemadruga” a18 months ago. Christened as BRC Sri Hemadurga Sivhills, it is a premium gated community.
It is a project featuring 7blocks, all put together 84 floors (12 floor each block), around 800 apartments comprising of 2 and 3 Bed Rooms spreading over 12 lakh square foot area.
The project is located close to the happenings just One Km from the JN Express Highway abetting proposed Radial Road No. 5 connecting ORR which leads to Gachibowli Financial District, Madhapur, Kondapur and is most sought after one as it is located prominently close to the road.–BWI