
A Comprehensive Study of GST Implications on Joint Development Agreements
Author(s): Sri Harsha Katakam (Author)
- Publisher: ATMERAKI CONSULTING LLP
- Publication Date: 25 Aug. 2024
- Language: English
- Print length: 467 pages
- ISBN-10: B0DF862T37
Book Description
The joint development arrangements play an important role in the real estate industry. But for this model, the burgeoning growth of the sector could not have happened. This model also makes the dream come true of every person to have his own home. The land owner who may not possess the construction expertise and the developer who may not have huge funds to purchase the land for demonstrating his construction expertise meet together to achieve and realise a project. The developer would be in a position to use his funds that are otherwise required for purchase of land for more productive tools and infra. The land owner instead of simply transferring the land, can convert the land into cash-generating asset by tying up with the developer. Hence, this is a definitely win-win model.
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