DEVELOPMENT AGREEMENTS- AREA SHARING AND …

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1 DEVELOPMENT AGREEMENTS- AREA SHARING AND REVENUE SHARING -TAX ISSUES ashok raghavan chartered Accountant bangalore The transfer of immovable property by owners of land through the developers and/or his nominees using the mechanism of a DEVELOPMENT Agreement (popularly known as a Joint DEVELOPMENT Agreement) has been rampant especially in prime urban areas where the Owners but do not have the time or expertise to develop the land and market the property on their own and therefore enter into a

Ashok Raghavan Chartered Accountant Bangalore The transfer of immovable property by owners of land through the developers and/or his nominees using the mechanism of a Development Agreement (popularly known as a Joint Development Agreement) has been rampant especially in prime urban areas

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