Gururaj P, Apartment Resident, Mumbai
Posted Discussions
Posted Replies

How does a land owner goes about developing jointly with a developer/builder.
Q: We have piece of land Approx 60 Cents)in Mangalore city area for development. The developer may need to convert the land, widen the approach road and build Flats. We intend to invite proposals for joint development of the land.

Latest Answer: I would be interested to see the proposals by a reputed developer builder and select the best. One option for me is to enter into a development agreement with a developer by which the entire cost of development will be borne by the developer. I expect certain amount of advance for starting the process and I will be provided certain percentage of the built-up area for myself and the rest will belong to the developer.

How does a land owner goes about developing jointly with a developer/builder.
Q: Because currently joint development is a win-win situation for both as seen in some cases.


Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!