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Ernakulam, Kerala
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Audit · Independent review

Technical due diligence and project audit

Before you buy a building, fund a project or take over a stalled site, someone independent should establish what is actually there — as built, not as drawn.

When due diligence is needed

Acquisition of a completed or part-built asset. Investment or lending against a project under construction. Taking over a site from a contractor who has left. Board or promoter review where reported progress and site reality appear to have diverged.

In each case the requirement is the same: an independent technical view of what exists, what condition it is in, what remains to be spent and what liabilities come attached.

What we assess

  • As-built condition survey against approved drawings
  • Structural adequacy and proof-checking of design
  • MEP systems condition and remaining service life
  • Statutory approval status and compliance gaps
  • Programme status: real percentage complete against reported
  • Cost-to-complete assessment
  • Quality defects, snags and remedial cost
  • Environmental compliance where applicable

Percentage complete, honestly

Reported progress on a troubled project is almost always ahead of actual progress, and rarely through deliberate misstatement — it is easier to record an activity as started than to measure how much of it is done. The gap widens quietly.

We measure completion from the works themselves, priced against the bill of quantities, and report cost-to-complete on that basis rather than on the balance remaining in the contract.

Environmental and statutory review

Our environmental team includes a QCI-NABET accredited EIA expert, allowing us to assess environmental clearance status, monitoring obligations and pollution control compliance as part of the same exercise rather than as a separate appointment.

Common questions

Questions we are asked about this.

How long does a technical due diligence take?

For a single completed building, typically two to three weeks from site access to report. Part-built or multi-block projects take longer, largely because establishing genuine percentage complete requires measurement rather than inspection.

Do you provide a cost-to-complete figure?

Yes. It is usually the number clients most need, and we build it from measured remaining works priced at current rates, not from the unspent contract balance.

Can you review a project for a lender rather than an owner?

Yes. Lender-side monitoring — periodic independent verification of progress and expenditure before each drawdown — is a standard scope for us.

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