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S S Dahale (agri-profess.)     06 December 2016

Legal difference between land for development basis and jv

 What is legal diffrennce as well as  through Tax planning in land given to a developer

(i) as on development basis ,  with taking around 8 % as  present land value of  government ready recokner  as interest free  adjustable / refundable  deposit .though land is symbolically given in possession of land developer, agisnt sharing of the units to be sold to prosepective buyers .

(ii)as well as in join venture.with taking around 8 % as  present land value of  government ready recokner  as interest free  adjustable / refundable  deposit .though land is symbolically given in possession of land developer, against sharing of the units to be sold to prospective buyers .

 

 dahaless@gmail.com



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 1 Replies

adv.bharat @ PUNE (Lawyer)     06 December 2016

Land development including all other operation of land like levelling, ploughing etc,

Where as JV include profit sharing with out any investment by land owner to the developer.

Will u appreciate this answer by giving like on my LCI profile?


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