Construction and Real Estate Accounting Services - Overview
📌 TL;DR - Construction and Real Estate Accounting Services at a Glance
Real estate and construction firms in India must navigate RERA escrow rules, multi-rate GST, Ind AS 115 revenue recognition, TDS Section 194-IA, and project-wise cost tracking. Patron Accounting provides one-stop CA and CS support starting at Rs 5,000 per month.
Construction and real estate accounting in India is significantly more complex than general business accounting. Long-duration projects spanning 2-5 years, milestone-based revenue recognition, RERA's mandatory 70% fund ringfencing, and multi-rate GST across residential and commercial segments demand specialist expertise.
India's construction and real estate sector - contributing approximately 7-8% to GDP - demands specialised accounting, RERA compliance, and multi-layered GST management. Patron Accounting LLP provides end-to-end financial and compliance services for developers, contractors, and property managers across India.
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