CRISIL
A profit of 24.82 per cent has been recorded by the Prestige Estates Projects Limited reporting Rs. 96.89 crore for the second fourth half of the financial year. The South India based Prestige Estate reported a net profit of 24.82 per cent this year, and a net income of Rs.540.33 this year. The Q2 profit [...] Continue Reading »
Anurag Jhanwar, Director, Real Estate Ratings, CRISIL, has stressed the need for enhanced transparency in the real estate sector, which can be achieved through self-regulation by developers. The good news is that we are now seeing developers coming forth and embracing this concept by opening themselves up to third-party evaluation, a positive sign indicating dedication [...] Continue Reading »
The credit rating agency Crisil today came up with a data which will bring a lot of cheer to the working youth and unemployed youth of the nation. The new government has undertaken some measures to generate employment and a comprehensive ‘pro-jobs policy’ will help to add 69 million non-agriculture and 11 million manufacturing jobs by [...] Continue Reading »
CRISIL (Credit Rating Information Services of India) Research has segregated the Kolkata Metropolitan Area (KMA) into 8 micro markets. The report talks about various aspects like population, major factors which impact the economy, major produces etc. Of these the CRISIL Research estimates South 24 Parganas to account for about 11 % of total fresh supply [...] Continue Reading »
The companies want to bring some momentum in the market and after the prices of real estate have shown a positive trend, many big corporations have sold off their land assets to pay off their debts and monetise their existing projects. Rating agency Crisil stated that this move is likely to continue and India Inc. [...] Continue Reading »
Singer Sonu Nigam comes up with some of the most interesting steps and strategies that have been adopted by the real estate industry. This had been done exclusively for the purpose of creating better techniques of construction. The out performers here are those who have their dependency on the techniques of innovation in every sector. [...] Continue Reading »
Rating agencies such as CRISIL have made the life of home buyers easy. This was not the case a decade ago when evaluating the various risks associated with real estate projects was a nerve-wracking exercise. However in the present scenario, if you follow their guidelines, then you can be rest assured that your money is [...] Continue Reading »
CRISIL is a global analytical company which provides ratings, research and risk and policy advisory services. Rajkot’s real estate sector is witnessing a new trend with CRISIL entering the market and rating real time projects. They have rated one project in Rajkot with 5 stars. CRISIL has been rating projects all across India in metros [...] Continue Reading »
The National Highways Authority of India (NHAI) is looking at ways to ensure against unduly aggressive bids with a large number of developers abandoning flagship projects — the GMR Group walked out of the Kishangarh-Ahmedabad project in FY13. While the GMR Group had bid a first-year premium of Rs 636 crore for this project, the [...] Continue Reading »
Kolkata Metropolitan Area has been segregated into eight micro-markets by Crisil Research. Around 6% of the total upcoming supply in Kolkata is estimated to come from Salt Lake area, as per Crisil Research’s estimates. Between 1958 and 1965, Salt Lake was developed as a satellite township. Several national and international information technology (IT) companies have [...] Continue Reading »
