{"id":39144,"date":"2022-11-10T11:19:43","date_gmt":"2022-11-10T11:19:43","guid":{"rendered":"https:\/\/www.smeraonline.com\/newweb\/?page_id=39144"},"modified":"2024-01-31T03:46:34","modified_gmt":"2024-01-31T03:46:34","slug":"smera-real-estate-grading","status":"publish","type":"page","link":"https:\/\/www.smeraonline.com\/newweb\/index.php\/smera-real-estate-grading\/","title":{"rendered":"SMERA Real Estate Grading"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"39144\" class=\"elementor elementor-39144\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7b543f57 elementor-hidden-tablet elementor-hidden-phone elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b543f57\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_top&quot;:&quot;triangle-asymmetrical&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M738,99l262-93V0H0v5.6L738,99z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6fe7631f\" data-id=\"6fe7631f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-edcdbf8 elementor-widget elementor-widget-image\" data-id=\"edcdbf8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"631\" height=\"631\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer.png\" class=\"attachment-large size-large wp-image-39177\" alt=\"real estate developer\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer.png 631w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer-150x150.png 150w\" sizes=\"(max-width: 631px) 100vw, 631px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-07881c3\" data-id=\"07881c3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-509ed66 elementor-widget elementor-widget-heading\" data-id=\"509ed66\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Grading<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1bb13c elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"d1bb13c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>An independent and unbiased opinion of an enterprise&#8217;s creditworthiness<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5f34c1b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f34c1b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-60c9e3d\" data-id=\"60c9e3d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-224f123 elementor-align-justify popmake-39217 elementor-widget elementor-widget-button\" data-id=\"224f123\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply Now<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-13ba40a\" data-id=\"13ba40a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-f46769a\" data-id=\"f46769a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c9400d elementor-hidden-desktop elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0c9400d\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_top&quot;:&quot;triangle-asymmetrical&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M738,99l262-93V0H0v5.6L738,99z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-801b2ab\" data-id=\"801b2ab\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-690be32 elementor-widget elementor-widget-spacer\" data-id=\"690be32\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55e287d elementor-widget elementor-widget-heading\" data-id=\"55e287d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Grading\u200b<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7bcd4c elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"b7bcd4c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tAn independent and unbiased opinion of an enterprise&#8217;s creditworthiness\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-c03ec44 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c03ec44\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2bc1dab\" data-id=\"2bc1dab\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d41458 elementor-align-left elementor-mobile-align-justify popmake-39217 elementor-widget elementor-widget-button\" data-id=\"2d41458\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply Now<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1b4b743\" data-id=\"1b4b743\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e4d654d\" data-id=\"e4d654d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-398419a elementor-widget elementor-widget-image\" data-id=\"398419a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"631\" height=\"631\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer.png\" class=\"attachment-large size-large wp-image-39177\" alt=\"real estate developer\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer.png 631w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/real-estate-developer-150x150.png 150w\" sizes=\"(max-width: 631px) 100vw, 631px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-abbb358 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"abbb358\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b20307d\" data-id=\"b20307d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-987e060 elementor-widget elementor-widget-spacer\" data-id=\"987e060\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b23a80 elementor-widget elementor-widget-heading\" data-id=\"2b23a80\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Real Estate Project (REP) Grading<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a52626 elementor-widget elementor-widget-text-editor\" data-id=\"2a52626\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Real Estate Project (REP) Grading is an independent assessment of a real estate project by SMERA.<\/li><li>The real estate grading addresses two critical needs in the sector:<ul><li>improved transparency<\/li><li>objective benchmarking of projects<\/li><\/ul><\/li><li>Helps buyers identify quality projects within their city<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2b5af1f\" data-id=\"2b5af1f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d8f4724 elementor-widget elementor-widget-spacer\" data-id=\"d8f4724\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7340ebf elementor-widget elementor-widget-heading\" data-id=\"7340ebf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Real Estate Developer (RED) Grading<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-472c8ec elementor-widget elementor-widget-text-editor\" data-id=\"472c8ec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Real Estate Developer (RED) assesses a real estate developer\u2019s capability to execute a project as per specified quality standard and complete project within the stipulated schedule.<\/li><li>The key parameters assessed by:<ul><li>track record<\/li><li>organizational strength<\/li><li>financial strength. The developer\u2019s<\/li><\/ul><\/li><li>Capability is benchmarked across other developers in India<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f3bf890 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f3bf890\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-82da92b\" data-id=\"82da92b\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ca0a8d7 elementor-widget elementor-widget-spacer\" data-id=\"ca0a8d7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3ba5ee elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"b3ba5ee\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"far fa-building\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a0ae3bd elementor-widget elementor-widget-heading\" data-id=\"a0ae3bd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Real Estate <span style=\"color:#F3983F;\">Project <\/span> Grading<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bddc5da elementor-widget elementor-widget-text-editor\" data-id=\"bddc5da\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Real Estate Project (REP) Grading is an independent assessment of a real estate project by SMERA.<\/li><li>The real estate grading addresses two critical needs in the sector:<ul><li>improved transparency<\/li><li>objective benchmarking of projects<\/li><\/ul><\/li><li>Helps buyers identify quality projects within their city<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a3ae477\" data-id=\"a3ae477\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e489c6 elementor-widget elementor-widget-spacer\" data-id=\"2e489c6\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1eee354 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"1eee354\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-building\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00cf911 elementor-widget elementor-widget-heading\" data-id=\"00cf911\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Real Estate<span style=\"color:#F3983F;\"> Developer <\/span>Grading<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be1fa32 elementor-widget elementor-widget-text-editor\" data-id=\"be1fa32\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Real Estate Developer (RED) assesses a real estate developer\u2019s capability to execute a project as per specified quality standard and complete project within the stipulated schedule.<\/li><li>The key parameters assessed by:<ul><li>track record<\/li><li>organizational strength<\/li><li>financial strength.\u00a0<\/li><\/ul><\/li><li>The developer\u2019s capability is benchmarked across other developers in India<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c36e512 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c36e512\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f47111c\" data-id=\"f47111c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35abb5c elementor-widget elementor-widget-heading\" data-id=\"35abb5c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Rating Criteria<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c6217b elementor-widget elementor-widget-toggle\" data-id=\"2c6217b\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-4651\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-4651\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Real Estate Project\/Developer Grading<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-4651\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-4651\"><h4><strong>Industry Risk Evaluation <\/strong><\/h4><p>The real estate sector is cyclical having direct linkage to macroeconomic scenario, interest rates and income levels. Apart from being cyclical, the sector is also highly fragmented, capital intensive and marred by transparency issues. Risks and uncertainties occurred in all real estate development projects.\u00a0 Risks can strongly influence to each project stages from the project conceptualization, project feasibility analysis, design and planning, bidding and tendering, construction and execution, and handover stage. Real estate properties, just like any other financial asset, constitute investment goods; thus, their acquisition or development involves initial monetary outflows that will only subsequently generate positive cash flows. Nevertheless, future cash flows are uncertain for both their timing and their amount. It is to this variability of possible results that the concept of risk is related. However, the real estate market is not unitary, its knowledge is imperfect, it is cyclical and segmented. It is, thus, an atypical market, and imperfect. As such, the development of techniques for risk assessment of a real estate operation has to face particular difficulties. The development of a property is a long and complex operation that involves numerous subjects; for this reason, it is perpetually threatened by a great variety of risks.<\/p><h4><strong>Management Risk Evaluation<\/strong><\/h4><p><strong>Management Evaluation<\/strong><\/p><p>A developer with an understanding of local area nuances, established brand image in the area of operations, demonstrated track record of quality construction and timely delivery has a competitive advantage. Developers that have been through various business cycles are generally better placed when compared to peers with limited experience.<\/p><p>SMERA Gradings takes cognizance of resourcefulness of the management\/promoters, financial strength of the group, and involvement of the group in other business segments. The grading exercise reviews the accounting policies, notes to accounts, contingent liabilities\/off balance sheet items, auditor qualifications, etc., to analyze if there is any material impact on the financial capability of the developer. Furthermore, RERA website is also viewed to understand if there are any critical observations against the developer.<\/p><p><strong><em>\u00a0<\/em><\/strong><strong style=\"color: #2f3f50; font-size: 1rem;\">Experience of developer\/management in real estate development<\/strong><\/p><p>The experienced top management and promoters in the main line of business can steer the rated entity to achieve its stated goals. They are equipped to resolve the challenges and take critical decisions to achieve the desired success.<\/p><p><strong><em>\u00a0<\/em><\/strong><strong style=\"color: #2f3f50; font-size: 1rem;\">Real estate space developed by the group in the past<\/strong><\/p><p>Completed real estate projects in the past indicate the operational level expertise of the promoters. Significant scale of development undertaken in the past entails better experience of the developer in terms of execution.<\/p><p>SMERA Gradings places emphasis on various details of the past projects such as scale, location, types of projects undertaken (villa, gated communities, commercial spaces, etc.), to better understand the experience of the developer in the past.<\/p><h5><strong>Constitution of the entity and complex group structure<\/strong><\/h5><p>Constitution of an entity determines the levels of disclosure, transparency and the legal comfort that may be derived by the various stakeholders. The company having high number of sister concerns in the form of special purpose vehicles and an inter-corporate dealing requires detailed analysis.<\/p><h5><strong>Group Support<\/strong><\/h5><p>In a typical group structure where real estate projects are being executed through SPVs, such SPVs are usually analyzed on a standalone level. However, with high level of financial and operational linkages between various real estate entities of the group, SMERA Gradings generally attempts to understand the risks at group level. Accordingly, financials, including cash flow details and operational details of other group entities are generally assessed on best effort basis.<\/p><p>SMERA Gradings also attempts to assess the level of support extended by parent and is generally factored in the analysis. Hence, in line with SMERA Gradings\u2019 methodology on factoring linkages, gradings of an entity may be adjusted on the basis of credit strength of the parent and strength of linkage between entity and parent company. Extent of notch up\/down is, however dependent on various factors as laid out in detail in the methodology on factoring linkages.<\/p><h4><strong style=\"font-size: 1.125rem;\">Operational Risk Assessment<\/strong><\/h4><h5><strong>Diversification<\/strong><\/h5><p>SMERA Gradings considers the project portfolio of developer to evaluate if such portfolio is well diversified in terms of revenue streams, geographical positioning as well as construction stage of the projects and other revenue-sharing models such as asset light models. The developer having mix of projects for sale and leasing is viewed favorably as leasing projects provide consistent cash inflows even in the times of slowdown, while the projects for sale secure funding from customers during the construction phase of the project. This apart, projects being undertaken by the developer in the established micro-markets are viewed favorably.<\/p><p>SMERA Gradings further evaluates presence across multiple geographies\/ jurisdictions during the grading analysis. Furthermore, the mix of projects at initial stage and advanced stage ensures consistent cash inflows and exposure to various business cycles.<\/p><p>Asset light models, through joint development agreements (JDA), enable developers to significantly increase the scale of operations without excessively leveraging their balance sheets, while land aggregation on the other hand exposes the developer to considerable investment for the acquisition. Where asset light model reduces the funding pressure thereby reducing strain on the cash flow compared to the projects having land being debt funded, SMERA Gradings also takes note of presence of land bank acquired at historical costs which provides the developer with a competitive advantage in terms of pricing and financial flexibility in terms of sale of land parcels, if required.<\/p><h5><strong>Execution, legal and compliance risk <\/strong><\/h5><p>SMERA Gradings considers experience of the developer in the region and the construction contractor associated, stage of execution of the project and status of approvals to analyze project execution risk.<\/p><p>The real estate projects require multiple approvals from various State and Central Government Authorities at various stages of project execution. Delays in getting such approvals often hamper the progress of the projects as per the envisaged schedule. This can impact sales and collection in the projects hampering execution.<\/p><h5><strong>Scale of projects under implementation vis-\u00e0-vis development track record till date<\/strong><\/h5><p>The scale of ongoing projects is compared with the aggregate scale implemented in the past to assess whether the projects currently being undertaken are not very large compared to the past projects executed by the developer. If the proportion of area under development vis\u00b4-a-vis\u00b4 to the aggregate area developed till date is comparable, it implies smoother execution of the projects.<\/p><p>The type of projects, viz., affordable, mid segment, luxury is also considered to assess if developers have adequate experience in dealing with different project genres. Furthermore, the existence of tight regulations, volatility in demand, contraction of liquidity from the banks and financial institutions makes it imperative to perform the project-specific analysis. Accordingly, stage of construction, regulatory approvals, sales details and means of funding are evaluated project wise.<\/p><h5><strong>Booking Status<\/strong><\/h5><p>Higher booking ratio implies favorable market standing of the project leading to smooth cash inflows. Evaluation of marketing strategy of the developer is thus essential as often the intention is to hold the inventory in order to take advantage of rising prices; however, at the same time huge unsold inventory imparts pressure to sell the inventory at lower prices in order to secure the payments thereby exposing the developers to pricing risk.<\/p><p>For computing booking ratio, percentage of area\/ units booked out of launched area\/ units is considered. Furthermore, the ratio is analyzed in combination with the construction status as the nascent stage of construction is often linked to higher unsold inventory. Location of the projects, product offering, and price quoted vis-\u00e0-vis current market rate, competition from projects in the vicinity are the parameters looked into to determine sales risk. Significant deviation in quoted prices from market prices provides an insight about market standing of the developer.<\/p><h5><strong>Quantum of registered units<\/strong><\/h5><p>Higher percentage of registrations (wherever registrations are done at construction stage) out of sold units is positively correlated to lesser number of cancellations and it further indicates high level of confidence of buyers in the project, primarily being end users. SMERA Gradings emphasizes on the track record of cancellations in such cases. The mix of customers into end-users and investors is also assessed as these have bearing on the overall cancellations. Higher proportion of end-users in a project is viewed favorably.<\/p><h5><strong>Sales momentum<\/strong><\/h5><p>Good market standing of the developer ensures quick sales velocity and regular cash inflows. The estimated period within which unsold inventory gets converted into sales based on the current sales momentum is also looked into. Lower estimated cycle indicates greater sales velocity or insignificant quantum of unsold units lying with the developer.<\/p><h5><strong>Funding structure and collection efficiency<\/strong><\/h5><p>SMERA Gradings looks at the funding mix wherein the proportion of funding through debt, customer advances and promoters\u2019 fund are thoroughly assessed. Higher reliance on customer receipts is generally viewed unfavorably as this could lead to cash flow mismatch and later developer may have to rely on debt\/external funding to meet the balance project cost. Reputed developers with favorable market standing of the projects usually receive decent bookings even if the project execution is at initial stage.<\/p><p>The construction of the projects in accordance with the timelines envisaged would ensure timely collection of customer advances by the entity based on construction stage, thereby safeguarding the funding for future construction.<\/p><h5><strong>Adequacy of committed receivables<\/strong><\/h5><p>SMERA Gradings focuses on the adequacy of committed customer advances (receivables) from confirmed sales in order to fund the balance cost of the projects under implementation &amp; repayment of outstanding debt. Furthermore, evaluation of cash flow position is undertaken to assess if cash inflows in the projected period are adequate to meet the cash outflows.<\/p><h4><strong>Financial Risk Assessment<\/strong><\/h4><p>In view of different accounting methods and principles followed by the entities, it becomes challenging to assess the financial risk by considering the financial statements. As per traditional accounting practice, certain entities followed percentage of completion method while others followed project completion method for revenue recognition. However, with the introduction of Ind AS-115, the real estate entities (on which Ind-AS is applicable) will be required to recognize the revenue on the basis of whether performance obligation is satisfied \u2018over time\u2019 or \u2018at a point in time\u2019, thus the revenue would be recognized once the company performs all its obligations. Resultantly, timing difference in the completion of various projects would potentially increase the time lag in recognizing the revenue which further impacts the financial position of the entity. The companies with higher proportion of lease income, however, remains less impacted. Thus, greater emphasis is placed on evaluating the cash flow positions of the entity and therefore combination of multiple factors becomes crucial for assessing the financial risk.<\/p><h5><strong>Cash Coverage Ratio (CCR)<\/strong><\/h5><p>The real estate inventory requires longer timeframe for selling, thus cash flow management and financial flexibility is of paramount importance for timely servicing of debt obligations. Cash flow adequacy is determined by considering cash flow visibility against committed payments.<\/p><p>SMERA Gradings, while making the assessment, generally considers the cash flow position of the projects covered in the analysis for next few quarters to understand the inflows and outflows of real estate entity. Inflows are usually in the form of project receipts, debt, promoter\u2019s contribution, and support from group companies while outflows include project expenses (construction expenses, finance cost, land cost, administration &amp; marketing expenses), corporate expenses, if any (at consolidated level), and repayment of debt obligations. CCR indicates the level of cushion available to the company in meeting the debt obligations.<\/p><p>SMERA Gradings also evaluates the ratio considering opening cash balance\/accumulated surplus to the inflows generated in the projected period. Actual cash flows generated are also compared with the initially projected cash flows and the reasons for shortfalls are scrutinised. The ratio being critical indicator of cash flow position of the entity is sensitized to accommodate various scenarios such as delays in project completion leading to lower cash flows from unsold units, fall in collections from sold units, decline in price of unsold units, increase in finance cost or construction costs, etc.<\/p><h5><strong>Availability of Liquid balances<\/strong><\/h5><p>The availability of adequate liquid funds can protect the company against any unprecedented downturn in the economy, impacting cash flows. SMERA Gradings analyzes the percentage of repayments due in the following year being covered by the available unencumbered liquid investments and accordingly evaluates if significant buffer is available to meet the repayments due in subsequent year.<\/p><h5><strong>Availability of land bank<\/strong><\/h5><p>The size of available land bank is crucial for the entity as developers often acquire lands in advance at lower cost and use it later for the projects under pipeline which provides flexibility to the entity in pricing the projects. Furthermore, the projects executed on the owned lands generally provide higher margin as compared to the projects where the land sharing rights are acquired. Additionally, the prime location and lower acquisition cost vis-\u00e0-vis the current market rates are viewed favorably.<\/p><h5><strong>Project funding pattern<\/strong><\/h5><p>The real estate business is capital intensive in nature and the entities require huge capital during various phases of project construction. The development of project initiates with acquisition of land which is more often funded through the promoter\u2019s contribution, while the construction of projects is funded through external sources. The funding pattern (Promoter Funds: Debt: Customer Advances) is a function of the sales momentum of the project and the reputation of the developer.<\/p><p>The developers with better market standing have the ability to achieve higher bookings and thus would place higher reliance on customer advances for funding the balance project cost. While lower sales momentum induces the developer to approach other sources of funding such as debt or unsecured loans from promoters\/ group companies. However, extremely higher proportion of external funding through debt or customer advances as against promoter funds could result in substantial leveraging\/dependence and thus needs a thorough assessment.<\/p><h5><strong>Leverage<\/strong><\/h5><p>As covered earlier, the proportion of external debt often remains low if the competitive position of the entity is strong since the inflows from customer advances are generally adequate enough to meet the project cost. To analyze the debt position, SMERA Gradings looks into the ratio of overall gearing and the results are compared with the peer firms with the similar asset portfolios. Lower ratio implies better financial discipline of the developer and strong ability to withstand economic cycles. The various financial ratios are correlated for analysis and are not seen in isolation.<\/p><h4><strong>Conclusion<\/strong><\/h4><p>The grading outcome is ultimately an assessment of the fundamentals and the probabilities of change in the fundamentals. Grading determination is a matter of experienced and holistic judgment based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. SMERA Gradings analyses each of the above factors and their linkages to arrive at the overall assessment of the credit quality of a real estate entity. SMERA Gradings also considers future estimation of the company\u2019s financials based on past trends and strategies, competition, industry trends, economic condition and other considerations.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f353e49 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f353e49\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e4f9d70\" data-id=\"e4f9d70\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-32b1824 elementor-widget elementor-widget-heading\" data-id=\"32b1824\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">SMERA Real Estate Developer\/Project Grading<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f6c1db4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f6c1db4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2fc1f8b\" data-id=\"2fc1f8b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d7b7fab elementor-widget elementor-widget-text-editor\" data-id=\"d7b7fab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n \t<li> SMERA shall scrutinize the projects\/developer based on the quality of legal documentation, construction-related risks and financial flexibility\/viability of the project, besides the background and the track record of the developer<\/li>\n \t<li>SMERA REP Grading is based on a 7-point grading scale specific to the respective city of the project, with 7-Star being the highest and 1-Star the lowest. This is city specific grading<\/li>\n \t<li>SMERA RED Grading is based on a 5-point grading scale specific to the developer, with Developer Grade (DG) A1 being the highest and A5 the lowest<\/li>\n \t<li>As project delay are an intrinsic characteristic to the industry, SMERA shall also give a Delay Tolerance Level (DTL) that shall signify the average delay in no. of months that may occur in the project<\/li>\n \t<li>Site visit and discussion with project stakeholders<\/li>\n \t<li>Project and financial analysis along with debt repayment capability calculations<\/li>\n \t<li>SWOT analysis, project cost and time overrun analysis<\/li>\n \t<li>Project report with QR code, badge, grading certificate<\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6fca916\" data-id=\"6fca916\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-571f341 elementor-align-left elementor-absolute elementor-widget elementor-widget-button\" data-id=\"571f341\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Grading Benefits<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a61a9bc elementor-widget elementor-widget-text-editor\" data-id=\"a61a9bc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Helps to differentiate your project from competitors in the project location and gives you a competitive advantage<\/li><li>Offers a SWOT analysis as a tool for internal analysis and initiate improvements measures<\/li><li>Enhances credibility among customers (mainly home buyers), investors (both individual and institutional) and corporate lessees (in commercial buildings) by showcasing certification from an independent rating institution<\/li><li>Increases pricing power by establishing the quality perception in the minds of customers<\/li><li>Increases sales velocity by creating the pull factor for customers<\/li><li>Star rating can complement the entry strategy by highlighting the developer and project acting as a entry strategy<\/li><li>Star rating process is similar to project appraisal process of lending agencies and hence can aid in faster processing<\/li><li>Star rated projects benefit lender and borrowers with initial risk assessment as well as periodic surveillance<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-5fe49f1 elementor-align-left elementor-absolute elementor-widget elementor-widget-button\" data-id=\"5fe49f1\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Grading Differentiators <\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-47526c7 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"47526c7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-18e161eb\" data-id=\"18e161eb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6a7fd564 elementor-widget elementor-widget-heading\" data-id=\"6a7fd564\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Grading Methodology<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a37fab9 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"7a37fab9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The SME Credit Rating Methodology includes a rigorous check of multiple risk factors. This provides an in-depth view of the rated enterprise and an accurate report to Buyers, Bankers and SMEs.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9e1a173 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9e1a173\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9426183\" data-id=\"9426183\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9ec8620 elementor-widget elementor-widget-image\" data-id=\"9ec8620\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"526\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/rating-methodology-process-1024x526.png\" class=\"attachment-large size-large wp-image-39305\" alt=\"\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/rating-methodology-process-1024x526.png 1024w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/rating-methodology-process-300x154.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/rating-methodology-process-768x395.png 768w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/rating-methodology-process-1536x790.png 1536w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/rating-methodology-process-2048x1053.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f9ad644 elementor-section-full_width elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-height-default elementor-section-height-default\" data-id=\"f9ad644\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-0ceb098\" data-id=\"0ceb098\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ac33ea elementor-widget elementor-widget-heading\" data-id=\"4ac33ea\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Financial Risk <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9bb4d02 elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"9bb4d02\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-save-money\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7146f46 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7146f46\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9148ba elementor-widget elementor-widget-text-editor\" data-id=\"e9148ba\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u2022 Funding pattern<br \/>\u2022 Adequacy of cash flows vis-a-vis debt<br \/>\u2022 Commitments<br \/>\u2022 Liquidity Analysis<br \/>\u2022 Leverage<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-b9f15fe\" data-id=\"b9f15fe\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8d73db2 elementor-widget elementor-widget-heading\" data-id=\"8d73db2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Business Risk<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01acd2b elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"01acd2b\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-suitcase-1\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba6ecc3 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ba6ecc3\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ecae9d elementor-widget elementor-widget-text-editor\" data-id=\"9ecae9d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u2022 Demand-supply outlook<br \/>\u2022 Cyclicality<br \/>\u2022 Corporate governance and integrity<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-fd987d9\" data-id=\"fd987d9\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9636809 elementor-widget elementor-widget-heading\" data-id=\"9636809\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Management Risk<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f933d9 elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"4f933d9\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-management\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab2afd8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ab2afd8\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87929d7 elementor-widget elementor-widget-text-editor\" data-id=\"87929d7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u2022 Promoter\u2019s experience<br \/>\u2022 Past project execution record <br \/>\u2022 Exposure to multiple business cycles<br \/>\u2022 Constitution of the entity and complexities in group structure<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-edf8986\" data-id=\"edf8986\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a2de202 elementor-widget elementor-widget-heading\" data-id=\"a2de202\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Project Risk<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-468b40d elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"468b40d\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-building\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd59efe elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"bd59efe\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ad72a2 elementor-widget elementor-widget-text-editor\" data-id=\"0ad72a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u2022 Product mix<br \/>\u2022 Market standing<br \/>\u2022 Stage of construction<br \/>\u2022 Booking status<br \/>\u2022 Sales momentum<br \/>\u2022 Collection efficiency<br \/>\u2022 Adequacy of committed receivables<br \/>\u2022 Percentage of registrations<br \/>\u2022 Ability to complete projects in time<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b678e3e elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"b678e3e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2fa20e2\" data-id=\"2fa20e2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7cb5daa elementor-widget elementor-widget-heading\" data-id=\"7cb5daa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Execution Process<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14d2a55 animated-slow elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"14d2a55\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The 6 step Execution Process ensures that each aspect of the enterprise is taken into account, evaluated and measured appropriately.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4071dbd elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"4071dbd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"147\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/exec.-proc.-1024x147.png\" class=\"attachment-large size-large wp-image-39250\" alt=\"exec. proc.\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/exec.-proc.-1024x147.png 1024w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/exec.-proc.-300x43.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/exec.-proc.-768x110.png 768w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/exec.-proc.-1536x221.png 1536w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/exec.-proc.-2048x294.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-08b9fb5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"08b9fb5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-700116b\" data-id=\"700116b\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a96a391 elementor-widget elementor-widget-image\" data-id=\"a96a391\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"57\" height=\"57\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/document-icon.png\" class=\"attachment-large size-large wp-image-39286\" alt=\"document-icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ab14b9 elementor-widget elementor-widget-heading\" data-id=\"4ab14b9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">1<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb90e97 elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"fb90e97\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-down-arrow\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c46684 elementor-widget elementor-widget-text-editor\" data-id=\"9c46684\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Submission of Information &amp; Documents<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-fc13560\" data-id=\"fc13560\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5655c0e elementor-widget elementor-widget-image\" data-id=\"5655c0e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"69\" height=\"69\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/site-inspection.png\" class=\"attachment-large size-large wp-image-39287\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93e9b7f elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"93e9b7f\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-down-arrow\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d5c61f elementor-widget elementor-widget-heading\" data-id=\"1d5c61f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">2<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4354c85 elementor-widget elementor-widget-text-editor\" data-id=\"4354c85\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Site Inspection &amp; Management Discussion<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-6b6381c\" data-id=\"6b6381c\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13f56d6 elementor-widget elementor-widget-image\" data-id=\"13f56d6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"66\" height=\"65\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/analysis-icon.png\" class=\"attachment-large size-large wp-image-39288\" alt=\"analysis-icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5742de elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"d5742de\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-down-arrow\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82b137f elementor-widget elementor-widget-heading\" data-id=\"82b137f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">3<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee4e1af elementor-widget elementor-widget-text-editor\" data-id=\"ee4e1af\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Detailed Analysis by Rating Analyst<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-d826502\" data-id=\"d826502\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8031a2e elementor-widget elementor-widget-image\" data-id=\"8031a2e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"71\" height=\"71\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/assignment-rating-icon.png\" class=\"attachment-large size-large wp-image-39289\" alt=\"assignment rating-icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-70cda4a elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"70cda4a\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-down-arrow\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db91d90 elementor-widget elementor-widget-heading\" data-id=\"db91d90\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">4<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4595363 elementor-widget elementor-widget-text-editor\" data-id=\"4595363\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Assignment of Rating by Rating Committee<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-5374a05\" data-id=\"5374a05\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e0f850b elementor-widget elementor-widget-image\" data-id=\"e0f850b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"343\" height=\"235\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/communication-rating-icon.png\" class=\"attachment-large size-large wp-image-39290\" alt=\"communication rating-icon\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/communication-rating-icon.png 343w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/communication-rating-icon-300x206.png 300w\" sizes=\"(max-width: 343px) 100vw, 343px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3475062 elementor-absolute elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"3475062\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-down-arrow\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e800f5 elementor-widget elementor-widget-heading\" data-id=\"1e800f5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">5<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4bf5a56 elementor-widget elementor-widget-text-editor\" data-id=\"4bf5a56\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Communication of Rating to the Rated Entity<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-d6bcc96\" data-id=\"d6bcc96\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-83fad04 elementor-widget elementor-widget-image\" data-id=\"83fad04\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"110\" height=\"110\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/dissemination-rating-icon.png\" class=\"attachment-large size-large wp-image-39291\" alt=\"dissemination rating-icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f536cd elementor-widget elementor-widget-heading\" data-id=\"3f536cd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">6<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32944f1 elementor-widget elementor-widget-text-editor\" data-id=\"32944f1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Dissemination of Rating<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-de12799 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"de12799\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-f6fa3e0\" data-id=\"f6fa3e0\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bf993c7 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"bf993c7\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-envelope2\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a62c39b elementor-widget elementor-widget-heading\" data-id=\"a62c39b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">1<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ba8461 elementor-widget elementor-widget-text-editor\" data-id=\"6ba8461\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Submission of Information &amp; Documents<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-c983df4\" data-id=\"c983df4\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9a4394c elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"9a4394c\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-magnifier\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3763a5b elementor-widget elementor-widget-heading\" data-id=\"3763a5b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">2<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bf58b92 elementor-widget elementor-widget-text-editor\" data-id=\"bf58b92\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Site Inspection &amp; Management Discussion<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-b044253\" data-id=\"b044253\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9e9ed95 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"9e9ed95\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-star-half\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c27d71 elementor-widget elementor-widget-heading\" data-id=\"8c27d71\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">3<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9d2b88 elementor-widget elementor-widget-text-editor\" data-id=\"b9d2b88\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Detailed Analysis by Rating Analyst<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-e9f15bb\" data-id=\"e9f15bb\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-08e5b6c elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"08e5b6c\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-Rating\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a87173 elementor-widget elementor-widget-heading\" data-id=\"9a87173\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">4<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8a2d5d elementor-widget elementor-widget-text-editor\" data-id=\"e8a2d5d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Assignment of Rating by Rating Committee<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-b58440c\" data-id=\"b58440c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38feb01 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"38feb01\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-communication\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c07138 elementor-widget elementor-widget-heading\" data-id=\"5c07138\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">5<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d425d30 elementor-widget elementor-widget-text-editor\" data-id=\"d425d30\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Communication of Rating to the Rated Entity<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-8be5a7a\" data-id=\"8be5a7a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d58f89 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"2d58f89\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-star2\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-07758dc elementor-widget elementor-widget-heading\" data-id=\"07758dc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">6<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b05b4b1 elementor-widget elementor-widget-text-editor\" data-id=\"b05b4b1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Dissemination of Rating<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5fddde4 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5fddde4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-2839530\" data-id=\"2839530\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5dd95c5 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"5dd95c5\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-envelope2\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2168d6a elementor-widget elementor-widget-heading\" data-id=\"2168d6a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">1<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-055d8cf elementor-widget elementor-widget-text-editor\" data-id=\"055d8cf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Submission of Information &amp; Documents<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-4f2b32d\" data-id=\"4f2b32d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29477cc elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"29477cc\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-magnifier\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-141f04e elementor-widget elementor-widget-heading\" data-id=\"141f04e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">2<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4112baf elementor-widget elementor-widget-text-editor\" data-id=\"4112baf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Site Inspection &amp; Management Discussion<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-3db744d\" data-id=\"3db744d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-926c39d elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"926c39d\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-star-half\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14caf57 elementor-widget elementor-widget-heading\" data-id=\"14caf57\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">3<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a9d083 elementor-widget elementor-widget-text-editor\" data-id=\"9a9d083\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Detailed Analysis by Rating Analyst<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-72a113f\" data-id=\"72a113f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6927930 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"6927930\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-Rating\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d8c228 elementor-widget elementor-widget-heading\" data-id=\"5d8c228\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">4<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df508fd elementor-widget elementor-widget-text-editor\" data-id=\"df508fd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Assignment of Rating by Rating Committee<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-ec74f6d\" data-id=\"ec74f6d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1c6f685 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"1c6f685\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-communication\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05b4bbe elementor-widget elementor-widget-heading\" data-id=\"05b4bbe\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">5<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed388be elementor-widget elementor-widget-text-editor\" data-id=\"ed388be\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Communication of Rating to the Rated Entity<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-7e15832\" data-id=\"7e15832\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4c2fb1b elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"4c2fb1b\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"icon icon-star2\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92ce8d4 elementor-widget elementor-widget-heading\" data-id=\"92ce8d4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">6<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b655fed elementor-widget elementor-widget-text-editor\" data-id=\"b655fed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Dissemination of Rating<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5b661c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5b661c8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-037db9d\" data-id=\"037db9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-800117b elementor-widget elementor-widget-heading\" data-id=\"800117b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Delay Tolerance of Real Estate Projects<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3febb8 elementor-widget elementor-widget-text-editor\" data-id=\"f3febb8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Real Estate industry and project specifically are exposed to delays arising out of various factors internal or external to the developer of the project. Hence the grading approach offers a more statistical information and objectivity to the buyers and helps them differentiate between projects. SMERA gradings also signifies expected project delays:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1e69187 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1e69187\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-fce0278\" data-id=\"fce0278\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2752549 elementor-widget elementor-widget-heading\" data-id=\"2752549\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Star Grade<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1fc623f\" data-id=\"1fc623f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aaae8cd elementor-widget elementor-widget-heading\" data-id=\"aaae8cd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Delay in Months<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d082600 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d082600\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-c760bf5\" data-id=\"c760bf5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6870e75 elementor-widget elementor-widget-image\" data-id=\"6870e75\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-e0d7ab2\" data-id=\"e0d7ab2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7189835 elementor-widget elementor-widget-image\" data-id=\"7189835\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-ebd24d0\" data-id=\"ebd24d0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5bf7e4d elementor-widget elementor-widget-image\" data-id=\"5bf7e4d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-9b4f4f3\" data-id=\"9b4f4f3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df43c42 elementor-widget elementor-widget-image\" data-id=\"df43c42\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-390d0e8\" data-id=\"390d0e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3bf522f elementor-widget elementor-widget-image\" data-id=\"3bf522f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-9b36f92\" data-id=\"9b36f92\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b414af elementor-widget elementor-widget-image\" data-id=\"7b414af\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-f6fd2fd\" data-id=\"f6fd2fd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d78b76 elementor-widget elementor-widget-image\" data-id=\"4d78b76\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-e87a34e\" data-id=\"e87a34e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f051708 elementor-widget elementor-widget-heading\" data-id=\"f051708\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Up to 3 months<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-52f9ef9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"52f9ef9\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-c057d89\" data-id=\"c057d89\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-004bfcf elementor-widget elementor-widget-image\" data-id=\"004bfcf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-425c8c6\" data-id=\"425c8c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-398bdb0 elementor-widget elementor-widget-image\" data-id=\"398bdb0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-6481244\" data-id=\"6481244\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f41159a elementor-widget elementor-widget-image\" data-id=\"f41159a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-64b51f6\" data-id=\"64b51f6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-43fcdcd elementor-widget elementor-widget-image\" data-id=\"43fcdcd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-5d81572\" data-id=\"5d81572\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-41e425e elementor-widget elementor-widget-image\" data-id=\"41e425e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-6b7f644\" data-id=\"6b7f644\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d473991 elementor-widget elementor-widget-image\" data-id=\"d473991\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-093b4ca\" data-id=\"093b4ca\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-9244b75\" data-id=\"9244b75\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ffbe97 elementor-widget elementor-widget-heading\" data-id=\"1ffbe97\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">6<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f135eab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f135eab\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-041c165\" data-id=\"041c165\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a14f67c elementor-widget elementor-widget-image\" data-id=\"a14f67c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-7c710cd\" data-id=\"7c710cd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fb66220 elementor-widget elementor-widget-image\" data-id=\"fb66220\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-b0742a7\" data-id=\"b0742a7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-260a85d elementor-widget elementor-widget-image\" data-id=\"260a85d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-1a7d07b\" data-id=\"1a7d07b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0bb23f elementor-widget elementor-widget-image\" data-id=\"f0bb23f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-efe6cd6\" data-id=\"efe6cd6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-64d53bf elementor-widget elementor-widget-image\" data-id=\"64d53bf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-e8ac0b5\" data-id=\"e8ac0b5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-107cd5e\" data-id=\"107cd5e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-8d10e92\" data-id=\"8d10e92\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-efde26e elementor-widget elementor-widget-heading\" data-id=\"efde26e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">12<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-47dcb94 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"47dcb94\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-ca42e0d\" data-id=\"ca42e0d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a9e067 elementor-widget elementor-widget-image\" data-id=\"1a9e067\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-e8594c2\" data-id=\"e8594c2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-90c5c11 elementor-widget elementor-widget-image\" data-id=\"90c5c11\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-e5aa258\" data-id=\"e5aa258\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a6be422 elementor-widget elementor-widget-image\" data-id=\"a6be422\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-909e2f5\" data-id=\"909e2f5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0503992 elementor-widget elementor-widget-image\" data-id=\"0503992\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-c8b1fe6\" data-id=\"c8b1fe6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-d64dc36\" data-id=\"d64dc36\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-bbe3b38\" data-id=\"bbe3b38\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-f570353\" data-id=\"f570353\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-512e163 elementor-widget elementor-widget-heading\" data-id=\"512e163\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">18<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ea0cd8f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ea0cd8f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-6d213d6\" data-id=\"6d213d6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c4fb1e2 elementor-widget elementor-widget-image\" data-id=\"c4fb1e2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-26dc762\" data-id=\"26dc762\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-72b4dfc elementor-widget elementor-widget-image\" data-id=\"72b4dfc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-7ca3ed7\" data-id=\"7ca3ed7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38c38b5 elementor-widget elementor-widget-image\" data-id=\"38c38b5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-092957d\" data-id=\"092957d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-b223ebf\" data-id=\"b223ebf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-d07a7e4\" data-id=\"d07a7e4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-888c35d\" data-id=\"888c35d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-c86f512\" data-id=\"c86f512\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-223a24c elementor-widget elementor-widget-heading\" data-id=\"223a24c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">24<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6852106 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6852106\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-6ed6877\" data-id=\"6ed6877\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c48e150 elementor-widget elementor-widget-image\" data-id=\"c48e150\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-67768ed\" data-id=\"67768ed\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bc667b8 elementor-widget elementor-widget-image\" data-id=\"bc667b8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-fb1827b\" data-id=\"fb1827b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-1c7bd35\" data-id=\"1c7bd35\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-2ff23af\" data-id=\"2ff23af\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-049e806\" data-id=\"049e806\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-4f6934c\" data-id=\"4f6934c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-97cb8fb\" data-id=\"97cb8fb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b20562d elementor-widget elementor-widget-heading\" data-id=\"b20562d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">30<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9119ecc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9119ecc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-682fe71\" data-id=\"682fe71\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-54daa76 elementor-widget elementor-widget-image\" data-id=\"54daa76\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png\" class=\"attachment-large size-large wp-image-39372\" alt=\"star\" srcset=\"https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star.png 600w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-300x300.png 300w, https:\/\/www.smeraonline.com\/newweb\/wp-content\/uploads\/2022\/11\/star-150x150.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-3a6dead\" data-id=\"3a6dead\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-09cb321\" data-id=\"09cb321\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-de5fc1d\" data-id=\"de5fc1d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-0b181fb\" data-id=\"0b181fb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-c22b2a2\" data-id=\"c22b2a2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-9d4622a\" data-id=\"9d4622a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-12 elementor-inner-column elementor-element elementor-element-b8d24bc\" data-id=\"b8d24bc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8c434d5 elementor-widget elementor-widget-heading\" data-id=\"8c434d5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">More than 30<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-869e8f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"869e8f2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-be62623\" data-id=\"be62623\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6436ba9 elementor-widget elementor-widget-heading\" data-id=\"6436ba9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Grading Scale<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-add3da8 elementor-widget elementor-widget-heading\" data-id=\"add3da8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><span style=\"color:#F57F17; \">Project<\/span> Grading<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-484b59d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"484b59d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-14f2d3e\" data-id=\"14f2d3e\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8342a5b elementor-widget elementor-widget-heading\" data-id=\"8342a5b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">7 &#9733;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7efae3d\" data-id=\"7efae3d\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-99e690c elementor-widget elementor-widget-text-editor\" data-id=\"99e690c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Highest<\/span><span style=\"font-size: 12.0pt; language: en-US; font-weight: normal;\"> likelihood of a project being delivered as per specifications and quality. <\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: normal;\"><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\">Such projects are usually delivered with <\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: bold;\">least<\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\"> delay.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f01f882 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f01f882\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-406fb45\" data-id=\"406fb45\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b17d77 elementor-widget elementor-widget-heading\" data-id=\"0b17d77\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">6 &#9733;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ba6e31e\" data-id=\"ba6e31e\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-559a7dc elementor-widget elementor-widget-text-editor\" data-id=\"559a7dc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Very high<\/span><span style=\"font-size: 12.0pt; language: en-US; font-weight: normal;\"> likelihood of a project being delivered as per specifications and quality. <\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: normal;\"><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\">Such projects are usually delivered with <\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: bold;\">very low<\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\"> delay.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1806b1e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1806b1e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1c8a4ea\" data-id=\"1c8a4ea\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c9ea199 elementor-widget elementor-widget-heading\" data-id=\"c9ea199\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5 &#9733;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ac0490f\" data-id=\"ac0490f\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d4e98d6 elementor-widget elementor-widget-text-editor\" data-id=\"d4e98d6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">High<\/span><span style=\"font-size: 12.0pt; language: en-US; font-weight: normal;\"> likelihood of a project being delivered as per specifications and quality. <\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: normal;\"><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\">Such projects are usually delivered with <\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: bold;\">low<\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\"> delay.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e5c17f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5c17f3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0deb907\" data-id=\"0deb907\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ca96984 elementor-widget elementor-widget-heading\" data-id=\"ca96984\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4 &#9733;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-48ae2d1\" data-id=\"48ae2d1\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-378ce16 elementor-widget elementor-widget-text-editor\" data-id=\"378ce16\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Above Average<\/span><span style=\"font-size: 12.0pt; language: en-US; font-weight: normal;\"> likelihood of a project being delivered as per specifications and quality. <\/span><\/p><p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\">Such projects are usually delivered with <\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: bold;\">average<\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\"> delay.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5f64864 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f64864\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e1fdf11\" data-id=\"e1fdf11\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8c76086 elementor-widget elementor-widget-heading\" data-id=\"8c76086\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3 &#9733;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-139c965\" data-id=\"139c965\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c0e52f elementor-widget elementor-widget-text-editor\" data-id=\"3c0e52f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Average<\/span><span style=\"font-size: 12.0pt; language: en-US; font-weight: normal;\"> likelihood of a project being delivered as per specifications and quality.<\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: normal;\"><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\">Such projects are usually delivered with <\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: bold;\">above average<\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\"> delay.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-05abbec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"05abbec\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9b7f68c\" data-id=\"9b7f68c\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35ac435 elementor-widget elementor-widget-heading\" data-id=\"35ac435\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2 &#9733;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-85db845\" data-id=\"85db845\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6bbb4bb elementor-widget elementor-widget-text-editor\" data-id=\"6bbb4bb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Below Average<\/span><span style=\"font-size: 12.0pt; language: en-US; font-weight: normal;\"> likelihood of a project being delivered as per specifications and quality.<\/span><\/p><p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\">Such projects are usually delivered with <\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: bold;\">high<\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\"> delay.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-eae3c7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eae3c7a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-69e00da\" data-id=\"69e00da\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-395aab7 elementor-widget elementor-widget-heading\" data-id=\"395aab7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1 &#9733;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ffee035\" data-id=\"ffee035\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-390df5f elementor-widget elementor-widget-text-editor\" data-id=\"390df5f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Lowest<\/span><span style=\"font-size: 12.0pt; language: en-US; font-weight: normal;\"> likelihood of a project being delivered as per specifications and quality. <\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; font-size: 12.0pt; font-weight: normal;\"><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\">Such projects are usually delivered with <\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: bold;\">maximum<\/span><span style=\"font-size: 12.0pt; language: en-IN; font-weight: normal;\"> delay.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b7860e elementor-widget elementor-widget-heading\" data-id=\"4b7860e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><span style=\"color:#F57F17; \">Developer<\/span> Grading<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-8cbbd58 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8cbbd58\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-78eedd2\" data-id=\"78eedd2\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9aa8ced elementor-widget elementor-widget-heading\" data-id=\"9aa8ced\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">DG A1<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e2e2464\" data-id=\"e2e2464\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-953ccae elementor-widget elementor-widget-text-editor\" data-id=\"953ccae\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Excellent<\/span><\/p>\n<p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt;\"><span style=\"font-size: 12.0pt; language: en-IN;\">The developer\u2019s ability to execute real estate projects as per specified quality levels within the stipulated time schedule, and to transfer clean title, is excellent.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9fc01f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9fc01f2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8976662\" data-id=\"8976662\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35b3ec4 elementor-widget elementor-widget-heading\" data-id=\"35b3ec4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">DG A2<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-651a3fb\" data-id=\"651a3fb\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b159a7c elementor-widget elementor-widget-text-editor\" data-id=\"b159a7c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Very Good<\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt;\"><span style=\"font-size: 12.0pt; language: en-IN;\">The developer\u2019s ability to execute real estate projects as per specified quality levels within the stipulated time schedule, and to transfer clean title, is very good.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-cadb036 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cadb036\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5f4bb4b\" data-id=\"5f4bb4b\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-70e8e5c elementor-widget elementor-widget-heading\" data-id=\"70e8e5c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">DG A3<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9d59756\" data-id=\"9d59756\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0d6db7c elementor-widget elementor-widget-text-editor\" data-id=\"0d6db7c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Good<\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt;\"><span style=\"font-size: 12.0pt; language: en-IN;\">The developer\u2019s ability to execute real estate projects as per specified quality levels within the stipulated time schedule, and to transfer clean title, is good.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e7df09a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e7df09a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-76b0535\" data-id=\"76b0535\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1ab1ea elementor-widget elementor-widget-heading\" data-id=\"c1ab1ea\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">DG A4<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ea6aaeb\" data-id=\"ea6aaeb\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-06a4b45 elementor-widget elementor-widget-text-editor\" data-id=\"06a4b45\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Average<\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt;\"><span style=\"font-size: 12.0pt; language: en-IN;\">The developer\u2019s ability to execute real estate projects as per specified quality levels within the stipulated time schedule, and to transfer clean title, is average.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-03e5771 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"03e5771\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6d4b69c\" data-id=\"6d4b69c\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c37abd5 elementor-widget elementor-widget-heading\" data-id=\"c37abd5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">DG A5<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-efaac68\" data-id=\"efaac68\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12f1467 elementor-widget elementor-widget-text-editor\" data-id=\"12f1467\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"language: en-US; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt; font-weight: bold;\"><span style=\"font-size: 12.0pt; language: en-US; font-weight: bold;\">Below Average<\/span><\/p><p style=\"language: en-IN; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: center; font-size: 12.0pt;\"><span style=\"font-size: 12.0pt; language: en-IN;\">The developer\u2019s ability to execute real estate projects as per specified quality levels within the stipulated time schedule, and to transfer clean title, is below average.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-ad2f30d elementor-widget elementor-widget-text-editor\" data-id=\"ad2f30d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"_3U2q6dcdZCrTrR_42Nxby JWNdg1hee9_Rz6bIGvG1c allowTextSelection\"><div><div><div lang=\"en-IN\"><div><p><em>Note: SMERA may apply &#8216;+&#8217; (plus) sign for gradings from &#8216;DA1&#8217; to &#8216;DA4&#8217; to reflect comparative standing within the category<\/em><\/p><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-37f4079a elementor-section-content-middle elementor-section-full_width elementor-reverse-tablet elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-height-default elementor-section-height-default\" data-id=\"37f4079a\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e0eface\" data-id=\"7e0eface\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-11d1511d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11d1511d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-3574dabb\" data-id=\"3574dabb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b125e1e elementor-widget elementor-widget-heading\" data-id=\"b125e1e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Execution Process<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4823433d animated-slow elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"4823433d\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The 6 step Execution Process ensures that each aspect of the enterprise is taken into account, evaluated and measured appropriately.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-47244499 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"47244499\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5da291f2\" data-id=\"5da291f2\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d91778a elementor-widget elementor-widget-image-box\" data-id=\"4d91778a\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Submission of Information & Documents<\/h3><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-17a5bd7d\" data-id=\"17a5bd7d\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4643fbbd elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"4643fbbd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-473ae24c\" data-id=\"473ae24c\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-56a16973\" data-id=\"56a16973\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6210effa elementor-widget elementor-widget-image-box\" data-id=\"6210effa\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Site Inspection & Management Discussion<\/h3><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6998bf9 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"6998bf9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-15c47bd0\" data-id=\"15c47bd0\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17f21a8f elementor-widget elementor-widget-image-box\" data-id=\"17f21a8f\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Detailed Analysis by Rating Analyst<\/h3><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2c432e58\" data-id=\"2c432e58\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-14e324d3 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"14e324d3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2d9deccf\" data-id=\"2d9deccf\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5c14abb7\" data-id=\"5c14abb7\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c03d55e elementor-widget elementor-widget-image-box\" data-id=\"5c03d55e\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Assignment of Rating by Rating Committee<\/h3><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-50f1773 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"50f1773\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8a8c856\" data-id=\"8a8c856\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba7dacc elementor-widget elementor-widget-image-box\" data-id=\"ba7dacc\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\"> Communication of Rating to Rated Entity<\/h3><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-fadf799\" data-id=\"fadf799\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-abbe04e elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"abbe04e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8e46747\" data-id=\"8e46747\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6565d28\" data-id=\"6565d28\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c726ee5 elementor-widget elementor-widget-image-box\" data-id=\"c726ee5\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Dissemination of Rating<\/h3><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f08ce82 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f08ce82\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-34c6c16a\" data-id=\"34c6c16a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f43ac7f elementor-widget elementor-widget-heading\" data-id=\"6f43ac7f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Still need Clarity?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b231ed5 elementor-widget elementor-widget-heading\" data-id=\"4b231ed5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Let's Talk<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6d61b25 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6d61b25\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-ebd4d46\" data-id=\"ebd4d46\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-06f130d\" data-id=\"06f130d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55b22a5 elementor-align-justify elementor-widget elementor-widget-button\" data-id=\"55b22a5\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/www.smeraonline.com\/newweb\/index.php\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-82dba68\" data-id=\"82dba68\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-593e1a4 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-phone elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"593e1a4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f0e0213\" data-id=\"f0e0213\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8946a3d elementor-widget elementor-widget-heading\" data-id=\"8946a3d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Get Sample Rating<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-942abfc elementor-align-center elementor-tablet-align-center elementor-widget elementor-widget-button\" data-id=\"942abfc\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-xl elementor-animation-float\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Download Now<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Real Estate Grading An independent and unbiased opinion of an enterprise&#8217;s creditworthiness Apply Now Real Estate Grading\u200b An independent and unbiased opinion of an enterprise&#8217;s creditworthiness Apply Now Real Estate Project (REP) Grading Real Estate Project (REP) Grading is an independent assessment of a real estate project by SMERA. The real estate grading addresses two critical needs in the sector: improved transparency objective benchmarking of projects Helps buyers identify quality projects within their city Real Estate Developer (RED) Grading Real Estate Developer (RED) assesses a real estate developer\u2019s capability to execute a project as per specified quality standard and complete&hellip; <a class=\"read-more-link\" href=\"https:\/\/www.smeraonline.com\/newweb\/index.php\/smera-real-estate-grading\/\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/pages\/39144"}],"collection":[{"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/comments?post=39144"}],"version-history":[{"count":134,"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/pages\/39144\/revisions"}],"predecessor-version":[{"id":41504,"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/pages\/39144\/revisions\/41504"}],"wp:attachment":[{"href":"https:\/\/www.smeraonline.com\/newweb\/index.php\/wp-json\/wp\/v2\/media?parent=39144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}