Construction Projects in Delhi and NCR
India’s largest real estate developers firms established in Delhi involved in
construction projects in Delhi and Real Estate Gurgaon are moving fast
towards the exemption from adopting the “International Financial...
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Construction Projects in Delhi and NCR
India’s largest real estate developers firms established in Delhi involved in
construction projects in Delhi and Real Estate Gurgaon are moving fast
towards the exemption from adopting the “International Financial Reporting
Standards” from coming fiscal year.
All real estate developers and companies
that forming part of this group in Delhi and NCR and are part of NSE’s Nifty50 will have to set a reporting structures on revenue generation records and
profit & loss account sheet under the set norms of the governing bodies.
Developers in India especially established in Delhi and NCR have been
recognized for huge revenue generation and under good sale for housing and
residential space areas.
After completing 25-30% of the construction work
these companies have to assure the investors for the safety of project’s
investment, they are following the principles laid down by the GAAP for
revenue earned, and the movement the construction is booked.
Under
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