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What is a Corporate Guarantee in Construction Contracts?
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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…
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What is Force Majeure Clause in a Construction Contract?
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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…
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What is a Hybrid Annuity Model (HAM) Contract?
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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…
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Understanding Real Estate Ratios for Informed Property Investment
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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…
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How to Check Quality of Clay Bricks Without a Lab?
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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,…
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Floor Area Ratio (FAR) in Real Estate and Construction
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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…
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How to Test TMT Steel Bar Without a Lab?
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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…
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Earned Value Management: the Most Simple Way
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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…
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Wall Dampness? Get the Expert Solution
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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…
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Best Tips to Reduce Your House Construction Cost in 2023
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Constructing own house is a dream for almost everyone. If you are in that project, it is time for you to know how can you build your dream home…