Joint development agreement
karuna jawale
(Querist) 21 January 2016
This query is : Resolved
can you explain me the concept of joint development agreement of delhi and noida .
what is the approximate profit sharing ratio between land owner and builder?
Adv. Yogen Kakade
(Expert) 22 January 2016
Decide whether you want to go for profit sharing or property sharing. The ratio can be anything depending upon the market conditions in the area where the land is located. Both the land owner and the developer have to decide the terms mutually.
It is always advisable to consult a lawyer for such transactions.
Adv. Yogen Kakade
Jurycon Incorporation
Advocates & Consultants
Email: juryconincorporation@gmail.com
Web: www.juryconn.in Call: 020-65248888
karuna jawale
(Querist) 22 January 2016
Y no reply to academic queries :( ??
K.S.Srinivas
(Expert) 01 February 2016
That depends upon the terms and conditions of the agreement going to be reached between both of you.