Residential Apartment Nitya Chaitanya at Subhashchandra nagar, Rani Channamma Nagar Belagavi constructed by Chaitanya Associates Belagavi has been rated with 7 STARS by CRISIL. The multi storied construction consists of two wings with a total of 35 flats.
CRISIL is a MNC Rating Company which also rates the real estate Companies. The Apartment Nitya Chaitanya was rated five Star by Crisil during the course of construction one and half year back. Now after the construction of the Apartment Nitya Chaitanya A and B wing are completed in all respects, ratings have been reviewed by CRISIL. The ratings are now reviewed for the apartment Nitya Chaitanya after Conducting the audit for the quality of construction, the delivery time and the financial discipline of the company.
The five star ratings of the Apartment Nitya Chaitanya has now upgraded to the highest ratings of Seven Star. The Seven Star rating is difficult to get and there are only 4 seven star rated Projects in the entire Karnataka and this is the fifth one. This is first of its kind in the entire north Karnataka.
In a function held today at Nitya Chaitanya, Subhashchandra Nagar CRISIL SEVEN star real estate ratings were awarded to the owner Chaitanya Kulkarni of Chaitanya Associates by the south India Regional Head for CRISIL Shri Ajay Kumar Anand.
On this occasion Shri Abhay Patil MLA Belagavi South was present as chief guest and he inaugurated the apartment Nitya Chaitanya and handed over the Association office to the President Shri Mahesh Babaladi and also addressed the gathering and said dedication and honesty always brings good results and invited the Builders of North Karnataka to come out with more seven star buildings in the interest of Home Buyers.
The flats were handed over to the respective owners. The Association formation was done by the Builder with the presentation of budget and bye laws. The Apartment has lot of technologically advanced amenities which help the occupants to reduce their monthly maintenance cost.
On this occasion, the owner of Chaitanya Associates Shri Chaitanya Kulkarni, the newly elected president of the Association Shri Mahesh Babaladi, JV Partners Shri Shailesh Shah, Ramesh Shah, Project Engineer Shivaji Devan and the staff of Chaitanya Associates were present.