Realtycompass.com is a consumer centric website which intends to provide unbiased information about all new projects in a city, along with their construction status, approval status and relative ratings.
Project rating comprises of 4 sub categories, Builder Rating, Amenities Rating, Accessibility Rating, and Lifestyle rating. Builder rating has been calculated using parameters like no of projects completed in past, size of current portfolio, no of ongoing projects, ability to sell in the market etc. Amenities rating have been calculated based on parameters like no of basic amenities / health amenities / luxury amenities. Accessibility rating considers proximity to metro station / railway station / bus stop, availability of market / shopping malls of the project. Lifestyle rating has been calculated based on proximity to star hotels etc.
Commenting on this initiative Sankara Srinivasan, COO at realtycompass.com, said, “Holistic look at a project based on quality of builder, quality of amenities, and quick access to transportation networks is critical while selecting a particular project. We have given high priority to ‘builder rating’ among the other categories of rating like Accessibility, Amenities and Lifestyle while rating the project. “We gave awards to 100 projects out of over 6,000 projects in Chennai and Bangalore. We believe customers will identify good projects from these.”
To know the list of projects that have been awarded, please follow the link below: