CRISIL Reaffirms Land Trades DA3+ Real Estate Developer Rating
Mangaluru: Mangalore based real estate developer Land Trades Builders & Developers has begun the New Year on a good note with the reconfirmation of its ‘DA3+’ Real Estate Developer Rating by CRISIL, the premier ratings organisation. ‘DA3+’ rating indicates that the developer has a ‘good ability to execute real estate projects as per specified quality levels within the stipulated time schedule, and to transfer clean title deeds’.
CRISIL reconfirmed the ‘DA3+’ after undertaking a stringent quality audit of the firm under various standardised parameters. The reconfirmation was conveyed to Land Trades via CRISIL’s letter and certification dated 29th December 2017.
Land Trades is proud to accept the reconfirmation of ‘DA3+’ rating, which was achieved despite the recessionary trend in the economy and stressful market conditions in real estate sector.
“Confirmation of ‘DA3+’ rating is an authentic recognition of our resilience as a reliable property developer of Mangalore,” says Shrinath Hebbar, the proprietor of the firm. “It reflects our focus on customer-centric quality orientation since inception, which will continue to grow in innovative ways in the future too.”
Founded in 1992 by Shrinath Hebbar as a comprehensive solution provider in real estate, Land Trades is presently in its Silver Jubilee Year. Within a decade of its foray into apartment construction in 2007, the ISO 9001:2015 certified firm has emerged as the city’s leading promoter of mega Projects like Sai Grandeur, Maurishka Palace, Atlantis and Solitaire. Each of its projects is a landmark in its locality.
Land Trades obsession with quality came to the fore in 2013 when it became the first realtor of Mangalore to go in for CRISIL quality rating for its individual projects. Sai Grandeur and Ouraniagained the highest rating of ‘Mangalore 7 Stars’. Maurishka Palace got ‘Mangalore 6 Stars’ post-completion and Atlantis ‘Mangalore 5 Stars’ during the construction stage itself.
Land Trades has an airtight internal quality protocol involving three levels of quality monitoring. The firm uses only top quality branded inputs for all its projects. All raw materials and end products are subjected to rigorous lab testing and certification at specific stages to ensure full compliance with pre-determined parameters. As a further safeguard, external third party checking and certification is also done.
The firm’s reputation for quality and on-time delivery is once again being proved with Solitaire, its latest 32-storey project situated at Hat Hill in the city. The premium residential project featuring 2BHK, 3BHK and 4BHK flats and 5BHK duplexes is supported by a wide range of amenities and lifestyle facilities like Club House with Spa and Gym.
This RERA approved project is moving ahead exactly as per schedule and is poised for it formal inauguration within few months.
Emerald Bay, an exclusive beach property situated in the vicinity of Surathkal Lighthouse is yet another of Land Trades prestigious projects. Customers can buy plots in this gated community and build the villa of their dreams. The enclave includes high-end lifestyle facilities like Club House with swimming pool and children’s play park.
Insignia (Valencia) and Lenhil Ferns (Kadri-Mallikatta) are the two other residential apartment projects Land Trades presently has on hand. To commemorate its Silver Jubilee this year, the firm is building Milestone 25, a premium commercial project at Collectors’ Gate-Balmatta in the city.
FOR DETAILS, CONTACT:
Land Trades Builders & Developers
Ist Floor, New MilagresMansion, Falnir,
Mangalore 575 001 Karnataka India.
Phones: 91-824-2425424 / 2423866
E-mail: info@landtrades.in
www.landtrades.in
