Media Release
Mangaluru, Aug 19: CRISIL, a leading global analytical company, has reaffirmed its ‘DA2’ grading for Land Trades Builders & Developers, signifying the company’s strong ability to execute real estate projects as per specified quality and within stipulated timelines.
With this reaffirmation, Land Trades continues its distinction as the only real estate developer in the region to be accredited with a CRISIL rating for 12 consecutive years. This unique recognition underscores the company’s commitment to customer trust, transparency, and consistent performance.
The reaffirmation reflects Land Trades’ strong brand presence, promoter experience and proven track record. It also highlights the developer’s robust quality control practices, diversified portfolio across residential and commercial segments, and healthy financial profile.
At present, Land Trades has 8 ongoing projects in Mangaluru, comprising 7 residential projects — Altura, Shivbagh, Mahalaxmi, Pristine, BMK Skyvilla, Krishna Kuteera, and Laxmi Govind — and 1 commercial project — Synergy. Another Commercial project Viktram Trade Centre has just completed. In addition, the developer is gearing up to launch 3 new residential projects this year.
Over the past three decades, Land Trades has successfully delivered 42 projects, including residential, commercial, and mixed-use developments, establishing itself as one of the most trusted real estate brands in Mangaluru.
Speaking on the reaffirmation, Shrinath Hebbar, MD of Land Trades said, “We are delighted with CRISIL’s reaffirmation of our DA2 rating. This recognition underscores our commitment to quality, transparency, and timely delivery. As we expand our portfolio, we remain focused on creating milestone developments that contribute to the growth and modern skyline of Mangaluru.”
About Land Trades Builders & Developers
Established in 1992, Land Trades Builders & Developers is a Mangaluru-based real estate firm with over three decades of expertise. With a strong focus on quality and customer trust, the company has delivered 42 successful projects and continues to redefine urban living with innovative and sustainable developments.