Real estate developers in Bengaluru are increasingly using Joint Development Agreements (JDAs) with landowners due to surging land prices. JDAs allow developers to access prime locations without upfront costs and landowners to monetise their land without losing ownership rights. According to a report by Meraqi, around 70% of real estate assets in Bengaluru have been developed through JDAs.
Real estate developers in India increasingly favor Joint Development Agreements (JDAs) with landowners to navigate surging land prices, fostering a mutually beneficial arrangement. A report reveals that around 70% of real estate assets in Bengaluru are developed through JDAs. Land price appreciation, particularly in key markets like Bengaluru, drives this trend, with JDAs offering higher returns than outright sales. Policy changes and market dynamics further propel this strategic shift, indicating robust growth prospects for the real estate sector.
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