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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:

  1. 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
  2. Construction related risks: where CRISIL checks about all engineering aspects of the project like foundation strength, earthquake resistance, structural integrity, corrosion resistance, etc.
  3. Financial flexibility/viability of the project: checks on the financial stability of the builder
  4. 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

CRISIL star rated Apartment projects in Kerala
Project NameLocationDeveloper NameStar Ratings
Cochin/Kochi
Asset Casa GrandeThevara, KochiAsset Homes Pvt LtdKochi - 7 Star
Asset Silver SwanAluva, KochiAsset Homes Pvt LtdKochi - 6 Star
Atria IIIPukattupady, KochiConfident Projects (India) Pvt LtdKochi - 7 Star
Kent Nalukettu Palm VillasKochiKent ConstructionsKochi - 5 Star
PVS IrisAluva, KochiPVS ApartmentsKochi - 5 Star
Ivy League - Phase 1KochiSkyline BuildersKochi - 7 Star
Ultima SkymaxKochiUltima Builders and DevelopersKochi - 4 Star
Kottayam
ABAD Royal GardensEttumannoorABAD Builders Pvt. Ltd.Kottayam - 6 Star
KOZHIKODE/Calicut
Platinum CrescentKozhikodeCrescent BuildersKozhikode - 4 Star
HiLITE MetromaxKozhikodeHiLITE Builders Pvt LtdKozhikode - 6 Star
THRISSUR/Trichur
Kalyan HabitatThrissurKalyan DevelopersThrissur - 6 Star
Paraparambil ResidencyThrissurUltima Builders and DevelopersThrissur - 4 Star
TRIVANDRUM
Asset Signature - Phase ITrivandrumAsset Homes Pvt LtdTrivandrum - 7 Star
Heera InfocityTrivandrumHeera Construction Company (P) LtdTrivandrum - 7 Star
SFS Cyber PalmsTrivandrumSkyline Foundations & Structures (P) LtdTrivandrum - 7 Star

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Best building projects in Kerala

How to buy flats from a Kerala Builder