@mitviz Thanks.
@ RolandB - Thank you. U are right about the holes in the wood. This project was a side project so I was working on it from time to time. The holes are from a bump map I painted by hand while working on the wood material. It was supposed to be refined later but by the time I got round to working on it, I kinda forgot. It dawned on me after I had finished rendering but since it didn't take away from the aim I was trying to achieve which was photorealism and I had to move on to another project. I decided to leave it in. Everything in the scene is cg and all textured by hand painting with additional procedural maps in 3dsmax.
@Alex Abarca - Thanks for the suggestion, mate. U are right. But I didn't use a HDRI image. The scene is lit with a simple corona sun and corona sky.