India’s realty sector is booming with estimated annual growth rate of 30% over the next decade on the back of high foreign investments. Studies claim that around 80% investment is attracted by residential property while commercial assets lure mere 20% outlay. Analysts foresee resurrection with estimated foreign direct investment worth $2.8 billion in the next [...]...Full Story
The rising focus on financial management of construction contracts is due to the increasing race among the companies to generate more revenues by curbing their expenditures. Construction contracts are explicitly negotiated for construction of an asset or a combination of assets. These assets can either be interrelated or interdependent on the basis of design, technology, [...]...Full Story