Rating System for Commercial Projects (A Review Paper)
Exploring the Impact of Quality Ratings on Credit Ratings and Customer Satisfaction in Commercial Projects
by Mr. Nilesh Purushottam Turankar*,
- Published in Journal of Advances in Science and Technology, E-ISSN: 2230-9659
Volume 19, Issue No. 1, Mar 2022, Pages 159 - 161 (3)
Published by: Ignited Minds Journals
ABSTRACT
Credit rating plays a pivotal role in the decision-making process of stakeholders in the capital market including regulators, issuers and investors. Therefore, it has been focused by the researchers doing research in the field of finance domain on this emerging concept. Many studies have been conducted in the Indian context as well as the global arena on rating methodology, importance of ratings, performance of rating agencies, investors’ awareness, etc. This report puts a light on Credit Ratings of Commercial Buildings and Quality Parameters of Credit Rating Agencies and their impact on the project from customer and investor point of view. Focusing on Quality Ratings as a prime factor of Credit Ratings of Commercial Buildings. The main objective of our project is to prepare a Quality Rating Guide named C.R.I.C BOOK for benefitting the credit worthiness of companies and for assuring utmost customer satisfaction by guiding them to make better decisions.
KEYWORD
credit rating, commercial projects, review paper, finance domain, rating methodology, rating agencies, investors' awareness, quality parameters, customer satisfaction, better decisions