The Metromax project of HiLITE Builders coming up here has received a Six-Star CRISIL Real Estate rating, which is based on city-specific all-round assessment of real estate projects.
The project comprises 272 apartments in four towers and the common amenities span 50,000 sq.ft.
The company is planning to go for CRISIL ratings for its future projects as well, said Mr P. Sulaiman, Managing Director.
He said here on Wednesday that the company had been associated with numerous commercial and residential projects in the region. It was also entering infrastructural development and had identified some core projects, he added.
The most ambitious ongoing project of the company is HiLITE City, which is an integrated township spanning across 15 acres with a built-up area of 2.8 million sq.ft. The township would accommodate 400 luxury apartments, one million sq.ft of premium office spaces, a shopping mall, three-star hotel, multiplex, business and expo hall and food court, among other things.
Mr Sulaiman said that the HiLITE City project also included parking space for 3,500 cars. The shopping mall would house retail outlets of more than 200 national and international brands.
Another project on the anvil in Kozhikode is HiLITE Springdale, which will feature 110 lifestyle villas. The company has also spread its network to Kochi with a premium office complex, styled HiLITE Platino.
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