Real Estate sector being, by and large, unorganised, makes it difficult for prospective buyer looking at evaluating potential investments and the comparison of a number of projects under implementation can become highly complex due to factors like lack of relevant project information, substantial time involved in comparing projects and lack of specialised skills in assessing the quality of the developer and the project.
B2K Analytics has launched Real Estate Project Gradings which is an independent assessment of the Real Estate Project to help Project Stakeholders for taking informed decisions.
It is a city specific grading which would differentiate a particular project from other projects within the city.
B2K Analytics has developed unique grading criteria - RESPECT that stands for Resources, Efficiency, Safety, Patient centeredness, Equity, Clinical excellence, and Timeliness
Effective deployments of resources are measured to identify of level of financial flexibility and financial strength. Overall investment and financial management are measured using relevant techniques.
The operational efficiencies are measured using general norms like Average Length of Stay, Occupancy Rate, Average Revenue per Operating Bed, Average time taken for admission and discharge, etc. Management of other resources like, physicians, support staff, equipments, supplies, energy and ideas there by controlling cost and provide value. This criterion considers all other related factors that help to improve efficiency by reducing waste.
The healthcare environment should be safe for all patients and hospital staff, in all its process, at all times, and avoiding injuries to patients from the care that is intended to help them.
Provision of care that is respectful of and responsive to individual patient preference, needs and values and ensuring that patient values guide all clinical decisions.
Provision of care that does not vary in quality because of personal characteristics such as gender, ethnicity, geographic location and socio-economic status.
Provision of care that is based on the use of systematically acquired evidence to determine whether an intervention, such as a preventive service, diagnostic test or therapy, produces better outcomes than alternatives- including the alternative of doing nothing.
Reduction of waiting time and sometimes harmful delays for both those who receive and give care.
The Department of Tourism (DoT), Government of Karnataka (GoK) has proposed a Karnataka Tourism Policy 2015-2020 which sets the direction for the Karnataka tourism industry over the next five years, with the key objective of increasing the tourism sector contribution to the State GDP through large scale investment which is expected to generate over 4.3 million additional jobs. The tourism policy highlights incentives and concessions to facilitate equitable regional development, local community development, employment opportunities and encourages developments in lesser known/ visited tourism destinations of the state.
The Tourism Policy specifies that all the tourism facilities and services in the state should be certified by a Rating Agency, to ensure delivery of quality services to tourists at acceptable standards. The Policy identifies around 18 tourism products ranging from services like eco-tourism to hard infrastructure like hotels/resorts/youth hostels/yatri niwas, for availing incentives and concessions from the government. Approximately 30,000 tourism products are expected to be benefited from this Rating program. The tourism products, when rated* through a certified Accreditation Agency have undergone rigorous assessment to ensure that they deliver a quality experience. Such accreditation would help develop effective and impactful tourism initiatives in Karnataka. The ratings would be used for the easy implementation of the tourism policy for providing various benefits like grants, tax exemptions, subsidies etc and promoting various tourism products through promotion channels available with DoT.
Increased credibility, visibility and reputation in the tourism market place.
Improved customer confidence and satisfaction, leading to repeat business.
Nomination of awards - Ratings of products will directly help in identifying and recognizing the stakeholders in tourism.
Recommendations to GoI and International agencies on tourism destinations and products.
Easy implementation of Karnataka tourism policy for providing various benefits like grants, tax exemptions, subsidies etc.
Filing projects for approvals before any parastatal body such as Karnataka Udyog Mitra etc.
Promoting various tourism products through promotion channels available with Department of Tourism (DoT).
B2K Analytics has a long history of having been associated with pioneering solar projects whether as an accredited MNRE grading agency, an IREDA approved grading agency or an expert in the solar energy sector in India. In October 2020, B2K Analytics prepared the feasibility study report for setting up World Solar Bank (WSB). The feasibility report addressed the following key areas - rationale for setting up the WSB; demand estimate and sources of funds for the WSB for the next 10 years; projected financials, target rating and its proposed governance structure.
B2K Analytics with its experience and understanding of the Indian Solar energy sector as well as the global scenario has the required talent necessary to evaluate solar projects by bench-marking similar projects across the globe. With a vast database of solar projects at its fingertips, B2K Analytics can conduct a deep-dive analysis of the possible outcomes of projects.
The methodology looks into the following four main aspects:
Technical Capability – Comparing the technology/design used for the project and determining the success of such projects.
Offtake agreements and Counterparties – The ability of counterparties to offtake and pay relevant tariffs regularly is compared based on the experience with other projects.
Project Viability and Cash flows – The projections of the projects are compared on a few critical points against other similar projects to determine the accuracy of the projections.
Management capability - The ability of the management to steer the project right from the build phase to the operational phase within the constraints of the project and counterparties.
B2K Analytics uses a realistic approach integrated with sufficient checks and balances in terms of identifying the “weakest link” approach thus providing dynamic weights to parameters considered for the grading. Overall, this product provides a specialized, focused look into Solar Energy Projects and System Integrators with a systematic approach steeped in vast experience in the sector.
B2K Analytics’ B-Schools and Engineering Institute Grading is a product offering meant for Management and Engineering education aspirants and also the Institutes. Through grading, B2K Analytics will play an important role in improving the awareness levels of the students and their ability to take an informed decision in the selection of the institutions. For this B2K will primarily assess the various qualitative and quantitative factors of the Institute which will also benefit the institute in its branding and creating awareness about its qualities and offerings.
The Growth prospects of India are irrevocably tied to the quality of the educational system in the country. There is a growing demand for quality institutions both in middle and higher level education. Students are more willing today to relocate from their hometowns to study a course of interest in one of the better institutions.
However, the choice of the institution is dependent on the information availability. A student needs information on the following:
These are some of the questions that B2K Analytics addresses in its Educational Institution Grading.