Beyond the Blueprint : Decoding RERA Compliance and Liability Allocation in Joint Development Agreements

Introduction : The real estate industry is growing at a rapid pace in India, and the sector is poised to play a crucial role in the nation’s economic development and urbanization in the years to come. Joint Development Agreements (“JDAs”) have become increasingly popular as urban land becomes more and more limited, whereby landowners contribute their land and developers commit to construction and the execution of the project. In recent years, however, the use of JDAs has given rise to many...