Gera Developments’ Credit Rating outlook upgraded to ‘Positive’; remains the only private real estate developer in India with an AA-rating
Pune, March 26, 2025 – Gera Developments Private Limited (GDPL), pioneers of real estate business, and the award-winning creators of premium residential and commercial projects in Pune, Goa and Bengaluru, and California (USA) has received an Outlook upgrade from ‘Stable’ to ‘Positive’ and a reaffirmation of ‘AA-’ for their Long Term Credit Rating for its Long-Term Bank facilities and Listed Non-Convertible Debentures (NCDs). Additionally, the company’s Short Term Ratings have been reaffirmed at CARE A1+. The upgrade in the outlook along with the reaffirmation of Gera Developments’ AA- credit rating underscores the Company’s robust financial position, operational excellence and disciplined execution strategy. Prudent financial management has ensured a healthy gross debt-to-collections rati...










