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basics of joint development agreement affordable housing is now the buzz word everywhere its on the government agenda Builders are interested due to tax savings it offers consumers are interested because of affordability interest deductions Etc the main thirst for affordable housing will be the taxation Amendment introduced in the concept of joint development agreement to be frank my main intent is to deal with taxation expect of joint development agreement C changes have been brought in the way taxation of gdas will be done but for that first I have to discuss about the meaning of the term GDA what is it who all are involved in GDA why is it beneficial etc etc what is joint development agreement jda is an agreement between the owner of the land and the Builder to construct a property its like a barter system where owner hands over the land to a builder owner will receive constructed flats from Builder while Builder will get possession over land without actually buying it why jda bec