Common use of Joint Development Agreement Clause in Contracts

Joint Development Agreement. The Owner has approached the Developer herein to develop the Larger Property and both the Owner and Developer have entered into a Joint Development Agreement dated 7th May, 2018, +registered at the Office of the DSR-IV, Alipore, South 24 Parganas being Deed no. 160402842 for the year 2018, Book No. I, CD Volume No. 1604-2018, Pages 96100 to 96161 with the intention to jointly develop and commercially exploit the said Larger Property as Promoter, in phase wise manner by constructing residential complex comprising multi-storeyed buildings, apartments/flats, car parking spaces and commercial units / shops etc. capable of being held and enjoyed independently, on the agreed terms and conditions and the complex to be developed on the Larger Property shall hereinafter be known and referred to as “Solaris Joka”

Joint Development Agreement. The Owner has Owners have approached the Developer herein to develop the Larger their Property and both the Owner Owners and Developer have entered into a Joint Development Agreement dated 7th May, 2018, +registered at the Office of the DSRDistrict Sub Registrar-IV, Alipore, South 24 Parganas Parganas, recorded in Book No. I, Volume No. 1604-2018, at Pages 96100 to 96161, being Deed noNo. 160402842 for the year 2018, Book No. I, CD Volume No. 1604-2018, Pages 96100 to 96161 with the intention to jointly develop and commercially exploit the said Larger Property as “Promoter”, in phase wise manner by constructing residential complex comprising multi-storeyed of multistoried buildings, apartments/flats, car parking spaces and commercial units / shops Commercial Units/Shops etc. capable of being held and enjoyed independently, on the agreed terms and conditions and the complex to be developed on the Larger Property shall hereinafter be known and referred to as “Solaris Joka”conditions.