Posts tagged Property

Should I invest in real estate now?

With the improvement in economic conditions, property price have picked up in some metros, Tier-I and Tier-II cities across India. The global slowdown brought the focus of the developers back to quality of construction and delivery timelines. The real estate market is rapidly becoming brand conscious. Developers with strong execution More >

Fixed Assets / Property, Plant & Equipment : Differences between Indian GAAP and IFRS

  1. Under Indian GAAP the terminology used is Fixed Assets  where as under IFRS it is termed as Property, Plant and Equipment
  2. Standard IAS 16 covers Property, Plant and Equipment (PPE) where as there are 2 standards for Fixed Assets under Indian GAAP i.e. AS-10 Fixed Assets and AS-6 Depreciation
  3. As per Indian GAAP subsequent More >