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basics of joint development agreement [Music] affordable housing is now the buzzword everywhere it's on the dormant agenda Builders are interested due to tax saving it offered 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 see changes have been brought in the way taxation of GEDs 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 agreements between the owner of the land and the Builder to construct a property it's like a barter system where owner hands over the land to a builder owner will receive constructed flags from builder file builder will get possession over land without actually buying it by jd8 bec...