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CRISIL assigns fundamental grade of 4/5 to Ashiana Housing

08 Dec 2011 Evaluate

Credit rating agency, CRISIL in its independent equity research has assigned fundamental grade of 4/5 to Ashiana Housing, a Delhi based real estate player. The agency has also assigned valuation grade of 5/5 to the company.

Recently, Ashiana Housing had received multiple awards in residential segment in Zee Business - RICS Awards ceremony. Ashiana Aangan, a residential project in Bhiwadi, NCR was awarded the ‘Best Residential Project’ in North India and Ashiana Woodlands in Jamshedpur secured the ‘Best Residential Project’ in East India.

Ashiana Housing is a fast growing real estate developer. It has presence in group Housing, retirement resorts, retail, hotels and facilities management. It has pioneered the concept of retirement resorts in India. 

Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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