Capitalisation of asset

What should be the accounting of an asset for which the payment is made, asset is delievered but not put to use, should it be lying in advance made to vendor or should it be lying in capital work in progress. Specifically, a premises is bought on which interior is to be done to make it fit for use, till than that premises should be capital work in progress of advance made for procurment of asset Please quote relevant text of the AS and laws