Joint Development Agreements: A Smart Strategy for Landowners and Developers
Joint Development Agreements (JDAs) are becoming one of the most effective arrangements in real estate, especially in land-constrained and fast-growing markets like India. At its core, a JDA is a legally binding contract between a landowner and a developer where both parties pool their strengths to develop a property, share costs, responsibilities, and profits without the landowner selling the land outright.