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Gera Developments Credit Rating outlook upgraded to Positive; remains the only private real estate developer in India with an AA-rating
Pune (Maharashtra) [India], March 26: Gera Developments Private Limited (GDPL), pioneers of real estate business, and the award-winning creators of premium residential and commercial projects in Pune, Goa and Bengaluru, and California (USA) has received an Outlook upgrade from Stable to Positive and a reaffirmation of AA- for their Long Term Credit Rating for its Long-Term Bank facilities and Listed Non-Convertible Debentures (NCDs). Additionally, the companys Short Term Ratings have been reaffirmed at CARE A1+.
Pune (Maharashtra) [India], March 26: Gera Developments Private Limited (GDPL), pioneers of real estate business, and the award-winning creators of premium residential and commercial projects in Pune, Goa and Bengaluru, and California (USA) has received an Outlook upgrade from Stable to Positive and a reaffirmation of AA- for their Long Term Credit Rating for its Long-Term Bank facilities and Listed Non-Convertible Debentures (NCDs). Additionally, the companys Short Term Ratings have been reaffirmed at CARE A1+.
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