What is CREST?
CREST stands for Crisil Real Estate Star Ratings. It benchmarks a real estate project against other projects in a category within the city/ region.
What CREST scans?
- Project Sponsor Quality
- Project Construction Quality
- Project Legal Quality
- Project Financial Quality
- Project Innovation Quality
CREST benefits for buyers
- Improves transparency by verifying publicly available information about a project.
- Enables project comparison that leads to better decision-making
- Provides progress of on-going projects through surveillance