In a Joint Development Agreement (JDA), a landlord contributes his land for the construction of a real estate building and the developer undertakes the responsibility for the development of property, obtaining approvals, licences launching, and marketing the project. Joint Development Agreement between landlord and owner shall be registered in the court of law under Section 53A of the Transfer of Property Act. There are various legal issues in joint development agreements which will surely be taken care of by a team of experts.
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