Development Agreement and Joint Development
A joint development agreement hands a developer possession of land he has not paid for and hands a landowner a promise of buildings that do not exist, and the clause that decides who survives a failed project is not the sharing ratio but the power of attorney.
- 9 pages
- 119
- Word and PDF
- 14 September 2026
The 2 formats inside
- 1Joint development agreement, area sharingwith an irrevocable development power of attorneyOn its own₹149
- 2Supplementary agreement allotting the Owner’s unitsAnnexure A to the joint development agreementOn its own₹149
Read the opening
The first part of “Joint development agreement, area sharing”, as it downloads. Blanks are highlighted.
JOINT DEVELOPMENT AGREEMENT
Market value adopted for stamp duty: Rs [Market value adopted for stamp duty (Rs)]. Stamp duty paid: Rs [Stamp duty paid (Rs)] vide e-Stamp Certificate No. [E-Stamp Certificate number] dated [E-Stamp Certificate date].
THIS JOINT DEVELOPMENT AGREEMENT is made at [Place of making the Agreement] on this [Day of the month the Agreement is made] day of [month, year].
Between
[Mr / Ms Name], aged about [age] years, son or daughter of [Owner's father's or mother's name], holding PAN [Owner's PAN] and Aadhaar [last four digits], residing at [Owner's address], [and where there are several owners, add each in the same form], hereinafter collectively called the “OWNER” (which expression shall include his, her or their heirs, executors, administrators, legal representatives and permitted assigns) of the ONE PART;
And