Buyer home solution - look for real estate project rating
Buying a home is a very cumbersome job which involves so many risk of wrong decisions viz-a-viz whether a developer / builder has sought all the mandatory approvals and clearances , its past performances and adherence to completion schedules and use of standard materials for construction, whether area of flat is strictly as per the agreement etc. etc. Meanwhile, our clients will be pleased to know that some reputed agencies have started assessment of builders /developers projects and based on their assessment, the projects are star rated on 8 points basis which starts from 0 to 7 stars, the parameters adopted by such rating / assessment agencies purely relate to the core performance of a project which, interalia, covers sponsor, quality of construction, transparency of legal issues, financial standing / status, whether used innovative designing & construction technology etc. Not only this , the rating / assessment agency conducts site visit once a year and rating awarded remains valid till the rating agency receives the completion / occupation certificate. In case of any deviation in the parameters by the developers / builders, the rating awarded is subjected to review. To keep all these problems at bay, we advise our valued patrons to read more about Real Estate Project Rating and invest your hard earned money safely.
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