one of developer entered
into Joint development agreement with landowner, where developer will provide 50% of flat developed by him to landowner against land provided by him
pl clarify whether, there is two Form 3 (i.e
one from landowner and other from developer side) required for project registration under MAHARERA
if landowner is not required to withdraw any amount from the Bank account, Why Form 3 to be filed for landowner?
Unless, the land owner is entitled to any amount of cash alongwith constructed area, as per JV agreement.
CAclubindia
