Real Estate Joint Venture Agreement for India

Real Estate Joint Venture Agreement Template for India

A comprehensive legal agreement governed by Indian law that establishes and regulates a joint venture relationship between two or more parties for real estate development purposes. The agreement complies with the Real Estate (Regulation and Development) Act, 2016 (RERA) and other relevant Indian legislation, detailing the parties' contributions, rights, responsibilities, profit-sharing arrangements, and project execution framework. It includes specific provisions for land development, construction management, regulatory compliance, and risk allocation, while addressing state-specific requirements and local real estate regulations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Real Estate Joint Venture Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Real Estate Joint Venture Agreement?

The Real Estate Joint Venture Agreement is a crucial document used when two or more parties wish to collaborate on real estate development projects in India. This agreement is particularly relevant in scenarios where different parties bring complementary resources to the project, such as land, capital, development expertise, or construction capabilities. The document must comply with Indian legislation, particularly the Real Estate (Regulation and Development) Act, 2016 (RERA), state-specific real estate laws, and other relevant regulations. It covers essential aspects including capital contributions, profit sharing, management structure, development responsibilities, regulatory compliance, and dispute resolution mechanisms. The agreement is fundamental for establishing clear parameters for collaboration while protecting the interests of all parties involved in the joint venture.

What sections should be included in a Real Estate Joint Venture Agreement?

1. Parties: Identification and details of all parties entering into the joint venture agreement

2. Background: Context of the joint venture, including brief description of the parties and their intention to collaborate

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope and Objectives: Detailed description of the joint venture's purpose and specific real estate project objectives

5. Project Description: Specific details about the real estate project, including location, nature, and scale

6. Capital Contribution: Details of financial and non-financial contributions from each party

7. Land Contribution and Title: Specifics about the land being contributed, including title clearance and encumbrances

8. Ownership and Profit Sharing: Structure of ownership and mechanism for profit/loss sharing

9. Management and Control: Governance structure, decision-making process, and management responsibilities

10. Development Rights and Responsibilities: Allocation of development rights and responsibilities between parties

11. Regulatory Compliance: Obligations regarding RERA and other regulatory compliance requirements

12. Construction and Development: Terms relating to construction, development timeline, and quality standards

13. Financial Management: Procedures for financial management, accounts, and audit

14. Term and Termination: Duration of the agreement and circumstances for termination

15. Dispute Resolution: Mechanism for resolving disputes between parties

16. Governing Law: Applicable law and jurisdiction

17. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability

What sections are optional to include in a Real Estate Joint Venture Agreement?

1. Foreign Investment Compliance: Required when one or more parties are foreign entities, detailing FEMA compliance

2. Project Financing: Include when external financing is part of the project structure

3. Environmental Compliance: Required for projects requiring environmental clearances

4. Marketing and Branding: Include when specific arrangements for project marketing and branding are needed

5. Intellectual Property Rights: Required when the JV involves significant IP assets or branding elements

6. Exit Mechanism: Detailed exit options and procedures, particularly important for large-scale projects

7. Force Majeure: Detailed force majeure provisions, particularly relevant for long-term projects

8. Insurance: Specific insurance requirements beyond standard coverage

9. Employee Matters: Required when the JV will have direct employees

10. Anti-Corruption Compliance: Detailed compliance procedures, particularly important with foreign partners

What schedules should be included in a Real Estate Joint Venture Agreement?

1. Schedule 1 - Property Details: Detailed description of the property including boundaries, survey numbers, and title documents

2. Schedule 2 - Capital Contributions: Detailed breakdown of each party's capital contributions and payment schedule

3. Schedule 3 - Project Timeline: Detailed project development and construction milestones

4. Schedule 4 - Construction Specifications: Technical specifications and quality standards for construction

5. Schedule 5 - Management Structure: Detailed organizational structure and management procedures

6. Schedule 6 - Profit Distribution Mechanism: Detailed calculations and procedures for profit sharing

7. Schedule 7 - Required Approvals: List of all required regulatory approvals and responsibilities

8. Schedule 8 - Due Diligence Reports: Summary of legal and technical due diligence findings

9. Appendix A - Power of Attorney: Format of power of attorney for project execution

10. Appendix B - Bank Account Details: Details of project bank accounts and authorized signatories

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate Development

Commercial Property

Residential Property

Industrial Development

Infrastructure

Construction

Urban Planning

Property Investment

Mixed-use Development

Hospitality

Relevant Teams

Legal

Real Estate Development

Project Management

Business Development

Finance

Compliance

Construction Management

Property Management

Investment

Risk Management

Corporate Affairs

Operations

Relevant Roles

Chief Executive Officer

Managing Director

Real Estate Development Director

Chief Legal Officer

Project Director

Investment Manager

Property Development Manager

Construction Manager

Legal Counsel

Chief Financial Officer

Business Development Director

Compliance Officer

Land Acquisition Manager

Joint Venture Manager

Real Estate Portfolio Manager

Industries
Indian Contract Act, 1872: Fundamental law governing contract formation, validity, and enforcement in India, essential for structuring the JV agreement's basic terms and conditions
Indian Partnership Act, 1932: Governs partnership arrangements and joint business relationships, relevant for structuring the JV relationship between parties
Real Estate (Regulation and Development) Act, 2016 (RERA): Regulates real estate sector, ensuring transparency and protecting stakeholder interests in real estate projects
Registration Act, 1908: Mandates registration requirements for property-related documents and agreements
Indian Stamp Act, 1899: Governs stamp duty requirements for property documents and agreements
Foreign Exchange Management Act, 1999 (FEMA): Regulates foreign investment in real estate and joint ventures with foreign entities
Income Tax Act, 1961: Governs taxation aspects of real estate transactions and profit sharing in joint ventures
Environmental Protection Act, 1986: Stipulates environmental compliance requirements for real estate development projects
Companies Act, 2013: Relevant if the joint venture is structured as a company or involves corporate entities
Transfer of Property Act, 1882: Governs the transfer of property rights and interests between parties
State-specific Urban Development Acts: Local laws governing urban development, zoning, and construction in specific states
Goods and Services Tax (GST) Laws: Governs taxation of services and materials in real estate development
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Non Profit Organization Partnership Agreement

A partnership agreement between non-profit organizations under Indian law, establishing terms for collaboration and shared charitable objectives.

Download

Model Partnership Agreement

A standardized partnership agreement template compliant with Indian law, establishing terms and conditions for business partnerships.

Download

Memorandum Of Understanding For Partnership

An Indian law-compliant preliminary agreement outlining key terms and conditions for establishing a business partnership, serving as a precursor to a formal Partnership Deed.

Download

Law Firm Partnership Deed

An Indian law-governed partnership agreement that establishes and regulates a law firm's structure, operations, and partner relationships.

Download

General Partnership Deed

A legal document under Indian law establishing a partnership between two or more persons to conduct business together and share profits.

Download

Agreement For Partnership Deed

An Indian law-compliant legal document that establishes and governs a business partnership, defining partners' rights, duties, and operational framework.

Download

Software Implementation Partner Agreement

An Indian law-governed agreement detailing terms and conditions for software implementation services between an implementation partner and client organization.

Download

Sleeping Partnership Agreement

An Indian law-governed agreement establishing a partnership where certain partners contribute capital without participating in business operations.

Download

Sleeping Partner Partnership Deed

An Indian law-governed partnership deed establishing the rights and obligations of sleeping (non-managing) and active partners in a business venture.

Download

Referral Partnership Agreement

An Indian law-governed agreement establishing terms and conditions for business referral partnerships, including commission structures and operational procedures.

Download

Realtor Partnership Agreement

An Indian law-governed agreement establishing a partnership between real estate professionals, ensuring RERA compliance and detailing operational framework.

Download

Real Estate Joint Venture Proposal

An Indian law-governed proposal document outlining terms and conditions for a real estate development joint venture, including project specifications, financial arrangements, and regulatory compliance requirements.

Download

Proposal For Joint Venture Letter

A formal business letter used in India to propose and initiate discussions for a potential joint venture partnership, outlining preliminary terms and structure under Indian law.

Download

Petrol Pump Partnership Agreement

An Indian law-governed agreement establishing a partnership for operating a petrol pump business, detailing operational, financial, and regulatory requirements.

Download

Partnership Deed For Transport Business

An Indian law-governed partnership agreement establishing a transport business venture, detailing partner rights, responsibilities, and operational procedures.

Download

Partnership Deed For Petrol Pump

An Indian law-governed partnership agreement for establishing and operating a petrol pump business, outlining partner rights, responsibilities, and operational procedures.

Download

Partnership Deed For LLP

An Indian legal document establishing the terms and conditions between partners in a Limited Liability Partnership (LLP), governed by the LLP Act, 2008.

Download

Partnership Deed For Film Production

An Indian law-governed partnership agreement for film production ventures, detailing partner rights, responsibilities, and profit-sharing arrangements.

Download

Partnership Deed Construction Business

A legal agreement under Indian law establishing a partnership for construction business operations, defining partner relationships and business terms.

Download

Partnership Deed Between Three Partners

An Indian law-governed agreement establishing a three-partner business partnership, defining rights, responsibilities, and operational framework under the Indian Partnership Act, 1932.

Download

Partnership Agreement Proposal

A formal proposal for establishing a business partnership under Indian law, outlining key terms and conditions for potential partners' consideration.

Download

Private Limited Company Partnership Agreement

An Indian law-governed agreement establishing partnership terms and conditions between shareholders in a private limited company, outlining rights, responsibilities, and operational framework.

Download

Partnership Agreement For Hotel Business

An Indian law-governed agreement establishing a partnership structure for hotel business operations, including operational, financial, and management provisions.

Download

Technology Partner Agreement

An Indian law-governed agreement establishing terms and conditions for technology service partnerships between providers and client organizations.

Download

Venture Capital Partnership Agreement

An Indian law-governed agreement establishing a venture capital partnership structure, defining relationships between fund managers and investors while ensuring regulatory compliance.

Download

Non Binding Partnership Agreement

A preliminary agreement under Indian law that outlines proposed partnership terms while maintaining a non-binding status, allowing parties to negotiate and explore collaboration possibilities.

Download

Letter For Partnership Agreement

An Indian legal document establishing a partnership arrangement between parties, outlining key terms and conditions under Indian Partnership Act requirements.

Download

Salon Business Partnership Agreement

An Indian law-governed agreement establishing a partnership structure for operating a salon business, including operational, financial, and regulatory terms.

Download

Rent Agreement For Partnership Firm

An Indian law-governed rental agreement specifically designed for partnership firms leasing property for business purposes, incorporating partnership-specific legal requirements and standard rental terms.

Download

Partnership Deed For Real Estate Business

An Indian law-governed partnership deed establishing terms and conditions for a real estate business partnership, incorporating RERA compliance requirements.

Download

Reseller Agreement For Software Products

An Indian law-governed agreement establishing terms for software distribution through authorized resellers, including licensing, sales rights, and operational requirements.

Download

Real Estate Agent Partnership Agreement

An Indian law-governed agreement establishing a partnership between real estate agents/firms, ensuring RERA compliance and defining operational framework.

Download

Partnership Deed For Hotel Business

A legal agreement under Indian law establishing a partnership structure for hotel business operations, defining partner relationships and business management terms.

Download

Authorized Reseller Agreement

An Indian law-governed agreement establishing terms and conditions between a manufacturer/principal and authorized reseller for product distribution and resale.

Download

Joint Venture Proposal

An Indian law-governed proposal document outlining the key terms and structure of a proposed joint venture between multiple parties, serving as the foundation for detailed negotiations.

Download

Short Partnership Agreement

A concise partnership agreement template compliant with Indian law, establishing core terms and conditions for business partnerships.

Download

Social Media Partnership Agreement

An Indian law-governed agreement establishing terms and conditions for social media partnerships, including content creation, compliance, and commercial terms.

Download

Partnership Deed

An Indian law-governed agreement establishing a partnership between two or more parties, defining their rights, responsibilities, and business relationship under the Indian Partnership Act, 1932.

Download

Online Business Partnership Agreement

An Indian law-governed agreement establishing partnership terms for online business operations, including digital assets, operations, and compliance requirements.

Download

Buy Sell Agreement Between Business Partners

An Indian law-governed agreement establishing terms for transfer of business ownership interests between partners, including valuation and execution procedures.

Download
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now