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How We Score

The Brickplot Score — How We Rate Real Estate

11 axes. Mechanical formula. No editorial override. RERA non-compliance hard-capped at 4.9.

Try it on a project you know

What would your project's hard-cap be?

Eleven yes/no questions. The lowest cap that triggers becomes the ceiling on your composite score, regardless of how the other axes perform. Pick "Don't know" if you haven't verified the answer yet — the checker will skip it.

Project has a valid RERA registration
Promoter or parent company free of NCLT / IBC proceedings
No active ED / SFIO / CBI investigation on the promoter
Construction has progressed in the last 18 months
At least one major bank in the APF list (post-launch >12m)
OC has been issued (RTM project, >6m post-handover)
Project sits outside CWC Category-A flood zone (or has engineered mitigation)
STP commissioned at OC (>50-unit project)
Parking ratio ≥ 1.0 in Premium / Luxury / Ultra segment
Project has municipal water (Cauvery / Krishna / similar) — not borewell-only
CPCB 5-year average AQI ≤ 200 within 2 km
Result
10.0/ 10 max
No caps triggered yet. Composite score is determined by the 11-axis weights.

v2 was sharper. v3 is what buyers actually weigh.

v2 ran for the back half of 2026 across the 1,721-project corpus and held up against the Amrapali / Jaypee / Unitech and Supertech failure pattern. What it missed sat one layer down — closer to how Indian buyers and investors actually score a project on their own kitchen table.

A second-pass review of buyer-survey data, broker call logs and investor due-diligence checklists across Bangalore, Hyderabad, Pune, Gurgaon and Mumbai surfaced three gaps. First, climate and environmental risk: buyers in Chennai (2015, 2023 floods), Bangalore (2022 outer-ring inundation) and Delhi-NCR (annual AQI > 300) now treat flood-zone status, AQI history, seismic zone and industrial-corridor distance as deal-breakers. v2 had none of these as scored inputs. Second, liveability and build quality: density, parking ratio, water source (Cauvery/BWSSB versus borewell), STP commissioning, power backup and fire systems beyond NOC are the day-one livability questions every owner-occupier asks — and v2 buried them inside Governance. Third, investment yield: rental yield, days-on-market, tenant-pool depth and holding cost are the four numbers every plot/apartment investor opens a spreadsheet for, and v2 ignored all four.

v3 adds two new axes — Liveability & Build Quality and Investment Yield & Exit Liquidity — and folds Climate Risk into Location. Eleven axes instead of nine. Five new hard caps cover flood zones, missing STPs, sub-1.0 parking ratios in premium segments, borewell-only water in deficit zones, and chronic AQI exceedance. The mechanical-formula discipline and segment normalisation carry over unchanged.

What goes into each Brickplot Score

Weights sum to 100. Each axis has its own data sources, its own rubric, and its own hard caps. Full coefficients are in the Rubric.

AXIS 01

Legal & Title Cleanliness

16%

Amrapali, Jaypee and Unitech all failed here first. Title rot precedes every visible problem.

Data sources: Sub-registrar EC (30-yr), DLR/Bhulekh, NCLT/IBBI portal, ED/SFIO press releases, eCourts case search, khata/patta records.
AXIS 02

RERA Disclosure Quality

9%

Goes beyond binary registration to the truthfulness and timeliness of QPRs and Form-3 disclosures.

Data sources: State RERA portal QPRs, complaint dashboard, extension count, financial disclosures, Form-3 CA certs.
AXIS 03

Builder Financial Health

12%

The DHFL and IL&FS pattern: parent-SPV net-worth gaps and bond downgrades show up before defaults.

Data sources: MCA-21 filings, CIBIL Commercial, listed-co quarterly results, bond ratings (CRISIL/ICRA), SPV vs parent net-worth gap.
AXIS 04

Verified Buyer Sentiment

9%

Real owner voices, not coached reviews. Bot-filtered and weighted to possession-cohort follow-ups.

Data sources: Site-visit surveys (n>=30), possession-cohort follow-ups at 6/12/24 months, RWA interviews, Google Reviews sentiment with bot-filter.
AXIS 05

Bank Loan-Approval Depth

5%

A bank putting its own money on title is the cleanest independent legal proxy you can buy.

Data sources: APF lists from SBI, HDFC, LIC HF, ICICI, Axis.
AXIS 06

Location, Infrastructure & Climate Risk

14%

Sanctioned master plans, metro DPRs, flood-zone maps and 5-year AQI all decide whether your address is future-proof or future-stranded. v3 absorbs CWC flood maps, AQI 5-yr trend, seismic zone and industrial-corridor proximity.

Data sources: Master plan docs (BDA/HMDA/DDA), metro DPR timelines, Sentinel-2 imagery (5-yr), commute isochrones, CWC flood-hazard atlas, CPCB AQI history, BIS seismic zoning, MoEFCC industrial-cluster register.
AXIS 07

Value & Price Trajectory

10%

Segment-normalised price velocity exposes whether you are paying for tomorrow or topping out today. v3 adds supply-pipeline pressure within 2 km / next 24 months.

Data sources: Sub-registrar txn data, Brickplot price-tracker, segment-normalised, RERA new-launch register for forward supply.
AXIS 08

Construction & Delivery Risk

11%

Stalled builds and missing OCs are visible from orbit; we look monthly and compare to QPR claims.

Data sources: Drone/satellite monthly, RERA QPR vs actual. RTM: OC/CC validity, snag-list density.
AXIS 09

Governance & Approvals Depth

4%

Supertech Emerald Court was demolished for an approvals failure that was visible on day one.

Data sources: Env clearance, fire NOC, AAI height NOC, water/sewage NOC, plan-sanction validity.
AXIS 10

Liveability & Build Quality

6%

New in v3. Density, specs, parking, water source, STP, power backup and fire systems decide whether the building is pleasant to live in — separate from whether it gets built. Indian buyers consistently rank these in the top three drivers; v2 buried them inside Governance.

Data sources: Approved plans (FAR, units/acre, open-space %), specs sheet (brand audit), BWSSB/Cauvery vs borewell yield, on-site STP commissioning, parking ratio, fire-system audit beyond NOC, balcony depth and ventilation.
AXIS 11

Investment Yield & Exit Liquidity

4%

New in v3. Investors care about gross and net rental yield, days-on-market, tenant-pool depth and holding cost (CAM, property tax, vacancy). v2 had none of this; v3 makes it an axis without crowding owner-occupier signals.

Data sources: Brickplot rental tracker (12-month median), 99acres/MagicBricks days-on-market, IT-corridor employment density, society CAM/sqft, municipal property-tax rate, vacancy survey at 12/24 months post-handover.

Caps that override the math

A weighted average can flatter a project that has one fatal flaw. These hard caps prevent that. If a tripwire fires, the score is capped no matter what the other axes look like.

  • No valid RERA registration4.9
  • Promoter / parent in NCLT or IBC admitted3.9
  • Active ED, SFIO or CBI investigation3.9
  • Construction stalled more than 18 months4.4
  • Title encumbrance unresolved + EC pending mortgage4.4
  • Zero banks in APF list (post-launch >12 months, under-construction only)5.4
  • OC missing on RTM project >6 months post-handover5.4
  • Promoter convicted of cheating/forgery (last 7 yrs)3.5
  • CWC Category-A flood zone, no engineered mitigation5.4
  • No commissioned STP at OC (>50-unit project)5.9
  • Parking ratio < 1.0 per unit in Premium / Luxury / Ultra6.4
  • Borewell-only water in Cauvery/Krishna Stage-V deficit zone6.4
  • CPCB 5-yr annual-avg AQI > 200 within 2 km6.9

Track projects with expired or lapsed RERA on the RERA Expiry Tracker →

A 1.5 Cr flat is not a 12 Cr flat

Each project is graded against its own segment. PMAY/CLSS questions only fire on Affordable. Bank-loan-depth weight halves on Ultra because cash-buyer dominance is normal there. Buyer-sentiment weight rises on Mid where forum noise has the most signal.

AffordableMidPremiumLuxuryUltra

The NRI-Safe flag

NRI buyers carry FEMA, POA and remittance risk on top of every standard risk. The NRI-Safe flag is additive — it does not change the numeric score. To earn it a builder must have handled at least 20 NRI transactions, run a FEMA-compliant escrow, publish a vetted POA template, and have a clean FIRC history without dispute.

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