
Gera Developments' Credit Rating outlook upgraded to 'Positive'; remains the only private real estate developer in India with an AA-rating
Mar 26, 2025
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 company's Short Term Ratings have been reaffirmed at CARE A1+.
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