Home / Business / Royal Habitat awarded 5 star rating by CRISIL

Royal Habitat awarded 5 star rating by CRISIL

Bhubaneswar, Oct 19 : Royal Habitat, a landmark residential project by Sj Developers on the infosys II –IIT corridor, has been awarded with the prestigious 5 star rating by CRISIL.

Announcing the award Anirudh Agarwal – CRiSiL, said, “We feel happy to announce the 5 star rating award to ‘Royal Habitat’. There is a 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 for third-party evaluation — a positive sign indicating dedication towards customer-centricity and professionalism. CRISIL carried out a stringent exercise to evaluate the Royal Habitat project in various parameters like construction, financial, innovation and legal aspects before awarding the rating as per CREST norms.”

Sadhak Mishra, MD, Sj Developers said, “CRISIL rating is the finest rating any project can have. It gives me immense pleasure we have been awarded a 5 Star Rating certificate from an independent rating firm which is acknowledged by all, especially the customers, as the best. The process involved made us aware of the best practices thus providing us the opportunity to improve our performance.”

Present on the occasion Indian cricket icon and Brand Ambassador for Sj Developers, Harbhajan Singh, said, “Sj Developers is known for its Commitment and Quality. I am happy to be associated with this group. Royal habitat is indeed a landmark project in Bhubaneswar. I congratulate the management of SJ Developers for bagging the 5 star rating from CRISIL.”

About thecitynews

Check Also

Steps being taken to make India a Gas based economy

New Delhi, Nov 21: The Minister of State (I/C) for Petroleum & Natural Gas Shri ...