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Q-scan Project Rating

Q-Scan Project Rating

Benefits: Provides a useful tool for homebuyers to assess projects at different stages of construction and provides a platform to the developers to differentiate their projects on web portals and other media.

All over the world home buying is a serious matter as it is one of the only big ticket items a family buys in a lifetime. With such huge investments in question, it is critical for a customer to get the best in class quality home. This is where quality agencies come in the picture. It is important to check and ensure that the home being bought has all the necessary statutory clearances, is designed to withstand earthquakes, has appropriate amenities, has favourable location related attributes, is well constructed with good quality materials and will be delivered on time.

A recent market research by a reputed agency indicates that home buyers are willing to pay a premium for a project rated on the above parameters.

Basis the above requirement, CQRA Pvt. Ltd. has introduced Q-Scan Service in technical collaboration with NICMAR a nationally reputed research and educational institute. Under this rating, projects are inspected at four stages during the project lifecycle at 25%, 50%, 75% and 100% completion levels. It is evaluated in the following buckets:

  • Approvals and design
  • Materials used for construction
  • Quality control & Quality of finished flats
  • Amenities
  • Timely completion
  • Location

Projects are initially categorised as Affordable, Standard or Premium depending on the level at which the various parameters are applicable for the project. Thereafter, projects are audited periodically and are awarded 3, 4 or 5 star ratings within the category depending on the level of compliance of the different parameters during each audit.

The audit scores at each stage are followed by a rating sheet describing the projects as:

  • 3 star depicted as FAIR Rating
  • 4 star depicted as GOOD Rating
  • 5 star depicted as VERY GOOD Rating

Each rating is accompanied by a seal.

Q-Scan Quality Seals

Q-Scan Quality Seal helps a developer to promote his project in all his communication channels. It assists the home buyer in short listing a project in his or her quest of property buying.

In case a developer expresses the need for a provisional rating to facilitate sales/ bookings prior to commencement of the project, the same can be provided based on documentary checks, the developer's track record and suitable affidavit from the developer assuring adherence to the standards prescribed under the category that is desired for the rating. The provisional rating gets replaced by regular ratings/seals after the first audit is conducted and its results thereof.

For further information, please visit: http://qscan.in/