Browsing Tag

Joint Development Agreement

6 posts
In the first nine months of 2026, the country recorded 76 land deals covering approximately 1,445 acres. This is a clear slowdown from the same period last year, when 99 deals spanned nearly 3,292 acres.

Land Deals Slow in 9M 2026: 25% of 76 Acquisitions Are JDAs as Builders Turn Selective

After three years of strong expansion, India’s land acquisition market has entered…
Ten X Realty South Ltd and Shanti Om Residency sign Rs 770-cr JDA for major Parel SRA project; stamp authorities fix duty at Rs 38.49 crore.

Ten X Realty, Shanti Om Seal Rs 770-Cr JDA for Parel SRA

Ten X Realty South Ltd and Shanti Om Residency sign Rs 770-cr JDA for major Parel SRA project; stamp authorities fix duty at Rs 38.49 crore.
Bombay HC rules flat agreements don’t give land ownership to societies, sets aside decades-old Thane dispute.

Homebuyers Beware: Unregistered MOU + Project Change = Zero Rights in MahaRERA

MahaRERA has dismissed a complaint seeking interest on ₹1.53 crore paid in 2011, ruling that an old unregistered MOU offers no protection when a project undergoes major changes through a Joint Development Agreement.
ITAT rules that mere mention of buyer’s name in builder’s seized Excel sheet is not enough to prove on-money payment and sustain addition. Addition of ₹25 lakh deleted.

No Tax on Temporary Flat: ITAT Rules Developer’s Alternate Accommodation Isn’t a Taxable “Transfer” of Property

ITAT Mumbai delivers big relief: Temporary flat given by developer during land redevelopment isn’t a taxable “transfer” — no capital gains apply when it’s purely interim with no ownership rights passed, quashing Rs 13.56 lakh addition.
In a major boost for homebuyers, the Supreme Court has ruled that merely leasing or renting out a purchased residential flat does not disqualify buyers from filing consumer complaints against builders for delays or unfair practices. The verdict in Vinit Bahri vs MGF Developers restores a dismissed case and clarifies that builders must prove "commercial purpose" to exclude consumer status.

Supreme Court Shocker: Landowners Off the Hook for Builder Delays – Homebuyers Must Chase Developers Alone in JDA Deals!

The Supreme Court has ruled that in JDA projects, landowners aren’t jointly liable for construction delays—developers bear sole responsibility for handover and compensation. After a twisted review process involving a remand, the verdict offers huge relief to landowners and housing societies, clarifying buyers’ recourse lies with builders.