Revenue Recogition in Construction Co

Dear Srivathson,

In this case, revenue recognition is based on transfer of property in goods and it is not like the treatment given in AS 7

Dear Dudes
I have a doubt with respect to the REVENUE RECOGNITION in case of a CONSTRUCTION COMPANY, wherein there is a transfer of land first from the company and then there is a service contract between the company and the buyer. so when revenue has to be recognised?