Sales

1. Dispute Resolution Mechanism Defined in the Agreement The Joint Development Agreement (JDA) typically contains a dispute resolution clause, which outlines: The method of resolution (e.g., arbitration, mediation, or civil litigation) The jurisdiction—specific courts or arbitral tribunals The language, location, and timeline for proceedings This clause governs how disputes are to be...

1. Consensus Among All Co-Owners Before initiating any transaction, it is essential to: Obtain written consent from all co-owners of the land Ensure that ownership shares are clearly defined in revenue records or title documents Avoid disputes by documenting each party’s rights, interests, and agreement to sell Unified decision-making is necessary for the sale to be legally valid and...

1. Imbalance in Bargaining Power Large developers typically have: Extensive legal and financial resources Experienced negotiation teams and consultants Access to alternative land options and markets This can create an asymmetry in bargaining power, making it difficult for smaller landowners or sellers to negotiate favorable terms without professional representation. 2. Complex...

1. Determines Project Scale and Type Larger land parcels provide developers with flexibility to plan: Integrated developments such as industrial parks, logistics hubs, or mixed-use zones Phased construction models that align with demand and cash flow Large-format factories or warehouses with sufficient circulation and support infrastructure Smaller plots may restrict scope, limiting...

1. Delhi–Mumbai Industrial Corridor (DMIC) One of India’s most ambitious infrastructure initiatives, the DMIC spans across multiple states and is driving the development of several integrated industrial clusters, including: Dholera Special Investment Region (Gujarat) Shendra–Bidkin Industrial Area (Maharashtra) Greater Noida and Dadri (Uttar Pradesh) Neemrana–Khushkhera–Bhiwadi...

1. Definition and Concept A land pooling agreement is a collaborative arrangement where multiple landowners contribute their individual land parcels into a common development pool. Instead of selling their land to a single developer or authority, landowners agree to: Combine their holdings for planned development Surrender land temporarily for infrastructure creation Receive a portion of the...

1. Maximizes Land Value Without Immediate Sale Development partnerships—such as Joint Development Agreements (JDAs) or Joint Ventures (JVs)—allow landowners to retain ownership while unlocking the land’s potential through collaboration with experienced developers. This helps them: Avoid undervaluation during outright sale Benefit from appreciated asset value post-development Retain a...

1. Reduces Upfront Land Acquisition Cost In a Joint Development Agreement (JDA), the builder partners with the landowner to develop the property without purchasing the land outright. This: Eliminates the need for large capital investment in land at the beginning Allows developers to allocate funds primarily toward construction and marketing Improves project cash flow and financial...

1. Clear and Marketable Title Institutional developers prioritize land parcels with a legally clear and dispute-free title. They typically require: Verified ownership documents, sale deeds, and succession records Absence of encumbrances, mortgages, or ongoing litigation Access to certified legal due diligence reports Clear title ensures smooth acquisition, financing, and regulatory...

1. State Industrial Development Corporations (SIDCs) Most states have dedicated government agencies that act as primary industrial developers by planning, acquiring, and allotting industrial land. Leading state agencies include: MIDC (Maharashtra Industrial Development Corporation) – Known for developing large industrial belts such as Pune, Nagpur, Aurangabad, and Navi Mumbai KIADB (Karnataka...