It is essential to understand the differences between void and voidable contracts because they carry different legal implications. In this article, we will explain the key differences between void and voidable contracts,…
What is a Corporate Guarantee in Construction Contracts?
Have you ever heard of a contract where someone else than the parties bound in the contract guarantees on a party to it? This is possible through a Corporate guarantee. This is…
What is Force Majeure Clause in a Construction Contract?
The term ‘Force Majeure’ is a French term that means ‘Superior Force’ in English. It relieves the parties in a contract to perform their contractual obligations under certain circumstances beyond their control….
What is a Hybrid Annuity Model (HAM) Contract?
In the ever evolving world of contract management, HAM, or Hybrid Annuity Model projects are gaining traction in India. HAM is a blend of the EPC (Engineering-Procurement-Construction) and BOT (Build-Operate-Transfer) model contracts….
Understanding Real Estate Ratios for Informed Property Investment
When it comes to making informed decisions in the real estate market, understanding the commonly used real estate ratios like the Floor Space Index or Efficiency Ratio in the real estate industry…
How to Check Quality of Clay Bricks Without a Lab?
Introduction When it comes to constructing your dream home, the quality of the materials you use is of utmost importance. Burnt clay bricks are a popular choice for building, but how can…
Floor Area Ratio (FAR) in Real Estate and Construction
There are numerous factors to consider when it comes to real estate and construction. From architectural designs to zoning regulations, one key term plays a crucial role to determine the feasibility and…
How to Test TMT Steel Bar Without a Lab?
If you are constructing your new home then purchasing TMT steel bars for the reinforcement steel work is essential. Reinforcement steel is the most important building material for construction of your house….
Earned Value Management: the Most Simple Way
Earned Value Management or EVM can be your most useful tool in tracking the cost and progress of your project. It is, indeed, the most easy tool to track a project, be…
Wall Dampness? Get the Expert Solution
Wall dampness on the cement-plastered masonry walls in the residences is a very common problem. Dampness is caused by moisture in the air or seepage of water. This is a global problem,…