Area Development Agreement Template for India

1. Foreign Investment Provisions: Required when developer includes foreign investment, addressing FEMA compliance

2. Environmental Management: Detailed environmental obligations when development involves significant environmental impact

3. Infrastructure Development: Specific provisions for infrastructure development obligations when required

4. Marketing Rights: Terms for marketing and branding of the development when relevant

5. Social Impact Management: Provisions for managing social impact when development affects local communities

6. Special Economic Zone Provisions: Required when development is within or creating an SEZ

7. Force Majeure: Detailed force majeure provisions when requested by parties

8. Step-in Rights: Rights of lenders or authorities to step in when project faces difficulties

1. Schedule 1 - Development Area Plans: Detailed maps, surveys, and plans of the development area

2. Schedule 2 - Development Specifications: Technical specifications and standards for development

3. Schedule 3 - Approvals and Permits: List of required regulatory approvals and current status

4. Schedule 4 - Development Timeline: Detailed project schedule with milestones and deadlines

5. Schedule 5 - Financial Terms: Detailed financial calculations, payment schedules, and revenue sharing formulae

6. Schedule 6 - Performance Standards: Detailed quality and performance standards for development

7. Schedule 7 - Environmental Requirements: Environmental compliance requirements and standards

8. Schedule 8 - Form of Reports: Templates for required progress and compliance reports

9. Schedule 9 - Insurance Requirements: Detailed insurance coverage requirements

10. Appendix A - Power of Attorney: Authorization documents for signatories

11. Appendix B - Corporate Authorizations: Board resolutions and other corporate approvals

12. Appendix C - Property Documents: Title documents, land records, and property details