diff --git a/components/esp-tls/CMakeLists.txt b/components/esp-tls/CMakeLists.txt
index f6cc17c801..ea6b61216e 100644
--- a/components/esp-tls/CMakeLists.txt
+++ b/components/esp-tls/CMakeLists.txt
@@ -1,5 +1,5 @@
 idf_component_register(SRCS "esp_tls.c"
                     INCLUDE_DIRS "."
-                    PRIVATE_INCLUDE_DIRS "private_include"
+                    PRIV_INCLUDE_DIRS "private_include"
                     REQUIRES mbedtls
                     PRIV_REQUIRES lwip nghttp)
diff --git a/components/esp32/Makefile.projbuild b/components/esp32/Makefile.projbuild
index cf8746f268..d13dbe2d0b 100644
--- a/components/esp32/Makefile.projbuild
+++ b/components/esp32/Makefile.projbuild
@@ -10,7 +10,7 @@ ifneq ("$(filter esp32,$(TEST_COMPONENTS_LIST))","")
 CPPFLAGS += -DESP_TIMER_DYNAMIC_OVERFLOW_VAL
 endif
 ESP32_LINKER_SCRIPT_TEMPLATE := $(COMPONENT_PATH)/ld/esp32.project.ld.in
-ESP32_LINKER_SCRIPT_OUTPUT_DIR := $(abspath $(BUILD_DIR_BASE)/esp32)
+ESP32_LINKER_SCRIPT_OUTPUT_DIR := $(realpath $(BUILD_DIR_BASE)/esp32)
 
 # Target to generate linker script generator from fragments presented by each of
 # the components
diff --git a/components/esptool_py/flash_encrypted_project_args.in b/components/esptool_py/flash_encrypted_project_args.in
index db16bc6cdf..a1875e69e1 100644
--- a/components/esptool_py/flash_encrypted_project_args.in
+++ b/components/esptool_py/flash_encrypted_project_args.in
@@ -1,3 +1,3 @@
 --encrypt ${ESPTOOLPY_FLASH_PROJECT_OPTIONS}
-$<JOIN:$<TARGET_PROPERTY:flash_project_args_target,FLASH_PROJECT_ARGS>,
+$<JOIN:${FLASH_PROJECT_ARGS},
 >
diff --git a/components/mbedtls/CMakeLists.txt b/components/mbedtls/CMakeLists.txt
index 5cfac4d9ba..20e0a38f07 100644
--- a/components/mbedtls/CMakeLists.txt
+++ b/components/mbedtls/CMakeLists.txt
@@ -19,17 +19,18 @@ set_property(TARGET mbedtls PROPERTY SOURCES ${src_tls})
 set(mbedtls_targets mbedtls mbedcrypto mbedx509)
 
 # Add port files to mbedtls targets
-target_sources(mbedtls PRIVATE "${COMPONENT_DIR}/port/esp_bignum.c"
+target_sources(mbedtls PRIVATE  "${COMPONENT_DIR}/port/mbedtls_debug.c"
+                                "${COMPONENT_DIR}/port/net_sockets.c")
+
+target_sources(mbedcrypto PRIVATE "${COMPONENT_DIR}/port/esp_bignum.c"
                                 "${COMPONENT_DIR}/port/esp_hardware.c"
-                                "${COMPONENT_PATH}/port/esp_sha.c"
+                                "${COMPONENT_DIR}/port/esp_mem.c"
+                                "${COMPONENT_DIR}/port/esp_sha.c"
                                 "${COMPONENT_DIR}/port/esp_sha1.c"
                                 "${COMPONENT_DIR}/port/esp_sha256.c"
                                 "${COMPONENT_DIR}/port/esp_sha512.c"
-                                "${COMPONENT_DIR}/port/mbedtls_debug.c"
-                                "${COMPONENT_DIR}/port/net_sockets.c"
                                 "${COMPONENT_DIR}/port/esp32/aes.c"
                                 "${COMPONENT_DIR}/port/esp32/sha.c")
-target_sources(mbedcrypto PRIVATE "${COMPONENT_DIR}/port/esp_mem.c")
 
 foreach(target ${mbedtls_targets})
     target_compile_definitions(${target} PUBLIC -DMBEDTLS_CONFIG_FILE="mbedtls/esp_config.h")
diff --git a/components/tcp_transport/CMakeLists.txt b/components/tcp_transport/CMakeLists.txt
index 9d5028a1b6..fe7e71bf31 100644
--- a/components/tcp_transport/CMakeLists.txt
+++ b/components/tcp_transport/CMakeLists.txt
@@ -5,5 +5,5 @@ idf_component_register(SRCS "transport.c"
                             "transport_utils.c"
                             "transport_strcasestr.c"
                     INCLUDE_DIRS "include"
-                    PRIVATE_INCLUDE_DIRS "private_include"
+                    PRIV_INCLUDE_DIRS "private_include"
                     REQUIRES lwip esp-tls)
diff --git a/docs/en/api-guides/build-system.rst b/docs/en/api-guides/build-system.rst
index 8a28a1e163..e432f86862 100644
--- a/docs/en/api-guides/build-system.rst
+++ b/docs/en/api-guides/build-system.rst
@@ -973,7 +973,7 @@ The call requires the target chip to be specified with *target* argument. Option
 
 - PROJECT_DIR - directory of the project; defaults to CMAKE_SOURCE_DIR
 - PROJECT_NAME - name of the project; defaults to CMAKE_PROJECT_NAME
-- PROJECT_VER - version/revision of the project; defaults to "0.0.0"
+- PROJECT_VER - version/revision of the project; defaults to "1"
 - SDKCONFIG - output path of generated sdkconfig file; defaults to PROJECT_DIR/sdkconfig or CMAKE_SOURCE_DIR/sdkconfig depending if PROJECT_DIR is set
 - SDKCONFIG_DEFAULTS - defaults file to use for the build; defaults to empty
 - BUILD_DIR - directory to place ESP-IDF build-related artifacts, such as generated binaries, text files, components; defaults to CMAKE_BINARY_DIR
diff --git a/tools/ci/test_build_system_cmake.sh b/tools/ci/test_build_system_cmake.sh
index 5b2828d84a..bbe299b92f 100755
--- a/tools/ci/test_build_system_cmake.sh
+++ b/tools/ci/test_build_system_cmake.sh
@@ -510,6 +510,14 @@ endmenu\n" >> ${IDF_PATH}/Kconfig;
     mv CMakeLists.txt.bak CMakeLists.txt
     rm -rf CMakeLists.txt.bak
 
+    print_status "Component properties are set"
+    clean_build_dir
+    cp CMakeLists.txt CMakeLists.txt.bak
+    printf "\nidf_component_get_property(srcs main SRCS)\nmessage(STATUS SRCS:\${srcs})" >> CMakeLists.txt
+    (idf.py reconfigure | grep "SRCS:$(realpath main/main.c)") || failure "Component properties should be set"
+    rm -rf CMakeLists.txt
+    mv CMakeLists.txt.bak CMakeLists.txt
+    rm -rf CMakeLists.txt.bak
 
     print_status "All tests completed"
     if [ -n "${FAILURES}" ]; then
diff --git a/tools/cmake/build.cmake b/tools/cmake/build.cmake
index 5383581f12..9285a53e1c 100644
--- a/tools/cmake/build.cmake
+++ b/tools/cmake/build.cmake
@@ -295,7 +295,7 @@ endmacro()
 #
 macro(__build_set_default var default)
     set(_var __${var})
-    if(${_var})
+    if(NOT "${_var}" STREQUAL "")
         idf_build_set_property(${var} "${${_var}}")
     else()
         idf_build_set_property(${var} "${default}")
@@ -330,7 +330,7 @@ endfunction()
 # @param[in, optional] PROJECT_DIR (single value) directory of the main project the buildsystem
 #                      is processed for; defaults to CMAKE_SOURCE_DIR
 # @param[in, optional] PROJECT_VER (single value) version string of the main project; defaults
-#                      to 0.0.0
+#                      to 1
 # @param[in, optional] PROJECT_NAME (single value) main project name, defaults to CMAKE_PROJECT_NAME
 # @param[in, optional] SDKCONFIG (single value) sdkconfig output path, defaults to PROJECT_DIR/sdkconfig
 #                       if PROJECT_DIR is set and CMAKE_SOURCE_DIR/sdkconfig if not
@@ -366,7 +366,7 @@ macro(idf_build_process target)
 
     __build_set_default(PROJECT_DIR ${CMAKE_SOURCE_DIR})
     __build_set_default(PROJECT_NAME ${CMAKE_PROJECT_NAME})
-    __build_set_default(PROJECT_VER "0.0.0")
+    __build_set_default(PROJECT_VER 1)
     __build_set_default(BUILD_DIR ${CMAKE_BINARY_DIR})
 
     idf_build_get_property(project_dir PROJECT_DIR)
diff --git a/tools/cmake/component.cmake b/tools/cmake/component.cmake
index d68ea9e1df..8358bf2dfe 100644
--- a/tools/cmake/component.cmake
+++ b/tools/cmake/component.cmake
@@ -213,6 +213,7 @@ function(__component_get_requirements)
     __component_write_properties(${component_properties_file})
 
     execute_process(COMMAND "${CMAKE_COMMAND}"
+        -D "ESP_PLATFORM=1"
         -D "BUILD_PROPERTIES_FILE=${build_properties_file}"
         -D "COMPONENT_PROPERTIES_FILE=${component_properties_file}"
         -D "COMPONENT_REQUIRES_FILE=${component_requires_file}"
@@ -232,10 +233,10 @@ function(__component_get_requirements)
     file(REMOVE ${component_requires_file})
 endfunction()
 
-# __component_add_sources, __component_check_target
+# __component_add_sources, __component_check_target, __component_add_include_dirs
 #
-# Utility macros for component registration. Adds source files and checks target requirements
-# respectively.
+# Utility macros for component registration. Adds source files and checks target requirements,
+# and adds include directories respectively.
 macro(__component_add_sources sources)
     set(sources "")
     if(__SRCS)
@@ -279,6 +280,16 @@ macro(__component_add_sources sources)
     list(REMOVE_DUPLICATES sources)
 endmacro()
 
+macro(__component_add_include_dirs lib dirs type)
+    foreach(dir ${dirs})
+        get_filename_component(_dir ${dir} ABSOLUTE BASE_DIR ${CMAKE_CURRENT_LIST_DIR})
+        if(NOT IS_DIRECTORY ${_dir})
+            message(FATAL_ERROR "Include directory '${_dir}' is not a directory.")
+        endif()
+        target_include_directories(${lib} ${type} ${_dir})
+    endforeach()
+endmacro()
+
 macro(__component_check_target)
     if(__REQUIRED_IDF_TARGETS)
         idf_build_get_property(idf_target IDF_TARGET)
@@ -324,6 +335,7 @@ macro(__component_set_all_dependencies)
     endif()
 endmacro()
 
+
 # idf_component_get_property
 #
 # @brief Retrieve the value of the specified component property
@@ -436,16 +448,16 @@ function(idf_component_register)
     if(sources OR __EMBED_FILES OR __EMBED_TXTFILES)
         add_library(${component_lib} STATIC ${sources})
         __component_set_property(${component_target} COMPONENT_TYPE LIBRARY)
-        target_include_directories(${component_lib} PUBLIC ${__INCLUDE_DIRS})
-        target_include_directories(${component_lib} PRIVATE ${__PRIV_INCLUDE_DIRS})
-        target_include_directories(${component_lib} PUBLIC ${config_dir})
+        __component_add_include_dirs(${component_lib} "${__INCLUDE_DIRS}" PUBLIC)
+        __component_add_include_dirs(${component_lib} "${__PRIV_INCLUDE_DIRS}" PRIVATE)
+        __component_add_include_dirs(${component_lib} "${config_dir}" PUBLIC)
         set_target_properties(${component_lib} PROPERTIES OUTPUT_NAME ${COMPONENT_NAME})
         __ldgen_add_component(${component_lib})
     else()
         add_library(${component_lib} INTERFACE)
         __component_set_property(${component_target} COMPONENT_TYPE CONFIG_ONLY)
-        target_include_directories(${component_lib} INTERFACE ${__INCLUDE_DIRS})
-        target_include_directories(${component_lib} INTERFACE ${config_dir})
+        __component_add_include_dirs(${component_lib} "${__INCLUDE_DIRS}" INTERFACE)
+        __component_add_include_dirs(${component_lib} "${config_dir}" INTERFACE)
     endif()
 
     # Alias the static/interface library created for linking to external targets.
@@ -479,6 +491,8 @@ function(idf_component_register)
     # COMPONENT_TARGET is deprecated but is made available with same function
     # as COMPONENT_LIB for compatibility.
     set(COMPONENT_TARGET ${component_lib} PARENT_SCOPE)
+
+    __component_set_properties()
 endfunction()
 
 #
diff --git a/tools/cmake/kconfig.cmake b/tools/cmake/kconfig.cmake
index d1d34234d4..872e0d44db 100644
--- a/tools/cmake/kconfig.cmake
+++ b/tools/cmake/kconfig.cmake
@@ -47,7 +47,7 @@ function(__kconfig_init)
         externalproject_add(mconf-idf
             SOURCE_DIR ${src_path}
             CONFIGURE_COMMAND ""
-            BINARY_DIR "kconfig_bin"
+            BINARY_DIR "${CMAKE_BINARY_DIR}/kconfig_bin"
             BUILD_COMMAND rm -f ${src_path}/zconf.lex.c ${src_path}/zconf.hash.c
             COMMAND make -f ${src_path}/Makefile mconf-idf
             BUILD_BYPRODUCTS ${MCONF}
diff --git a/tools/cmake/project.cmake b/tools/cmake/project.cmake
index ff9b75ec6f..3deb014889 100644
--- a/tools/cmake/project.cmake
+++ b/tools/cmake/project.cmake
@@ -38,9 +38,9 @@ function(__project_get_revision var)
             if(PROJECT_VER_GIT)
                 set(PROJECT_VER ${PROJECT_VER_GIT})
             else()
-                message(STATUS "Project is not inside a git repository, \
-                        will not use 'git describe' to determine PROJECT_VER.")
-                set(PROJECT_VER "1")
+                message(STATUS "Project is not inside a git repository, or git repository has no commits;"
+                        " will not use 'git describe' to determine PROJECT_VER.")
+                set(PROJECT_VER 1)
             endif()
         endif()
     endif()
diff --git a/tools/cmake/third_party/GetGitRevisionDescription.cmake.in b/tools/cmake/third_party/GetGitRevisionDescription.cmake.in
index 6d8b708efe..0cf025b147 100644
--- a/tools/cmake/third_party/GetGitRevisionDescription.cmake.in
+++ b/tools/cmake/third_party/GetGitRevisionDescription.cmake.in
@@ -24,10 +24,12 @@ if(HEAD_CONTENTS MATCHES "ref")
 	if(EXISTS "@GIT_DIR@/${HEAD_REF}")
 		configure_file("@GIT_DIR@/${HEAD_REF}" "@GIT_DATA@/head-ref" COPYONLY)
 	else()
-		configure_file("@GIT_DIR@/packed-refs" "@GIT_DATA@/packed-refs" COPYONLY)
-		file(READ "@GIT_DATA@/packed-refs" PACKED_REFS)
-		if(${PACKED_REFS} MATCHES "([0-9a-z]*) ${HEAD_REF}")
-			set(HEAD_HASH "${CMAKE_MATCH_1}")
+		if(EXISTS "@GIT_DIR@/packed-refs")
+			configure_file("@GIT_DIR@/packed-refs" "@GIT_DATA@/packed-refs" COPYONLY)
+			file(READ "@GIT_DATA@/packed-refs" PACKED_REFS)
+			if(${PACKED_REFS} MATCHES "([0-9a-z]*) ${HEAD_REF}")
+				set(HEAD_HASH "${CMAKE_MATCH_1}")
+			endif()
 		endif()
 	endif()
 else()