Credit rating agency, Credit Analysis and Research (CARE) has revised its credit rating assigned to Ashiana Housing from ‘BBB+’ Issuer Rating to ‘A- ‘Issuer Rating. This revision is given considering the recent developments including the operational and financial performance of the company.
Ashiana Housing is a fast growing real estate developer with its head office in New Delhi, India. The company has presence in group housing, active senior living, retail, hotels and facilities management.