Mangaluru, Sept 9, 2018: ’Insignia’ Project of Land Trades Builders & Developers has received the highest real estate project grading of ‘7 Stars’ from CRISIL. As per CRISIL’s definition, the ‘7 Stars’ grading indicates maximum potential of a project being delivered as per agreed specifications and assured time. CRISIL’s star grading (CREST) involves systematic independent assessment of quality based on an eight-point scale that is specific to the city.
In 2014, Land Trades became the first real estate developer of Mangaluru to voluntarily adopt independent grading of its projects by CRISIL and Insignia is the fifth project to be rated by CRISIL. Earlier to Insignia, CRISIL had conferred ‘7 Stars’ grading for Sai Grandeur and Ourania and ‘6 Stars’ on Maurishka Palace and Atlantis.
Insignia located at Valencia, Mangaluru is a Ground+7storey structure with 39 flats. The flats are of 1BHK, 2BHK and 3BHK having floor areas ranging from 705 sq. ft. to 1965 Sq. ft. Insignia was completed on schedule within 25 months and it was inaugurated on 19 May, 2018.
Apart from its projects, Land Trades is also the only firm of Mangaluru to enjoy DA3+ Real Estate Developer rating by CRISIL.
“At Land Trades we pride ourselves on our ability to consistently deliver assured quality to customers. Independent grading of our projects by CRISIL allows for objective evaluation of our performance against credible benchmarks. I am delighted that our good reputation stands vindicated after the rigorous quality audit by CRISIL,” says K Shrinath Hebbar, proprietor of Land Trades.
Habitat ONE54 to be launched soon:
Land Trades will shortly be launching ’Habitat ONE54’ affordable budget homes with 60 sq. mts. carpet area in Derebail locality of Mangaluru with attractive community living options.
The residential development will comprise of four blocks, each with Ground plus Five Floors with two basement floors for car parking. There will be total of 154 flats, with 124 two-bedroom flats and 30 single bedroom apartments.
Habitat ONE54 conforms to the requirements of Pradhan Mantri Awaz Yojana ‘Housing For All’ (Urban) Scheme under Low Income Group (LIG) category.
As a pre-launch offer, a 2BHK flat priced at Rs. 39.5 lakhs will available for pre-booking at Rs. 37.5 lakhs.